NAVs end with positive returns

Equity diversified NAVs ended higher with advance:decline ratio of 200:47 as the Indian equity benchmarks closed the third consecutive session on a flat note after witnessing a consolidation throughout the session. Indices were completely directionless on Thursday, could be awaiting some triggers like earnings season, change in government policies etc.
 
The 30-share BSE Sensex declined 21.02 points, to settle at 19,591.18. and the Nifty fell 6.05 points, to close at 5,885.70 - below 5900 for the second straight day.

On the sectoral front, FMCG, pharma and banking funds advance while technology funds ended mixed.

Long & Short term debt funds closed with positive returns; their advance:decline ratio stood at 68:3 & 109:9, respectively.

• Equity diversified NAVs end higher
• FMCG, pharma and Banking  funds advance 
• Technology funds ended mixed
• Long & Short term debt funds ended with positive 

Here is the day’s performance and the gainers and losers across categories.

Equity diversified: Top gainers

• DSP BlackRock Micro Cap Fund - Regular Plan (G) up 1.96%
• SBI Magnum Global Fund (G) up 1.71%
• HSBC Small Cap Fund (G) up 1.57%

• Birla Sun Life Commodity Equities - Global Agri Plan - Retail Plan (G) down 0.89%
• Birla Sun Life Commodity Equities - Global Multi Commodity Plan - RP (G) down 0.33%
• IDFC Imperial Equity Fund - Plan A (G) down 0.29%

• Reliance Equity Linked Saving Fund - Series I (G) up 1.50%
• Escorts Tax Plan (G) up 1.25%
• IDFC Tax Advantage (ELSS) Fund (G) up 0.67%

• ING OptiMix Retireinvest Fund - Series I (G) down 0.24%
• Religare AGILE Tax Fund (G) down 0.13%
• ING Tax Saving Fund (G) down 0.10%

• Birla Sun Life Buy India Fund (G) up 1.06%
• Reliance Pharma Fund (G) up 0.92%
• UTI Services Industries Fund (G) up 0.77%

• No Losers

• HDFC Childrens Gift Fund - Investment Plan up 0.98%
• Escorts Balanced Fund (G) up 0.86%
• Escorts Opportunities Fund (G) up 0.74%

• Baroda Pioneer Balance Fund (G) down 0.27%
• Sundaram Balanced Fund - Regular Plan (G) down 0.09%
• Birla Sun Life Freedom Fund (G) down 0.09%