Jun 08, 2007, 09.54 AM | Source: Moneycontrol.com
Equity diversified NAVs continued negative trend and ended lower with advance:decline ratio of 22:148 as the markets ended in red with moderate losses.
On the sectoral front, auto, banking, FMCG and pharma (slightly mixed) funds declined while technology funds advanced. The BSE FMCG, Bankex, Healthcare and Auto indices ended down 1.7%, 1.1%, 0.4% and 1.2%, respectively. The BSE IT Index closed up 1.7%.
Among the equity diversified funds, the top gainers were Templeton India Growth Fund (G) up 1.47%, ICICI Pru Fusion Fund (G) up 0.53% and HSBC Midcap Equity Fund (G) up 0.53%. The top losers were Quantum Long-Term Equity Fund (G) down 1.17%, SBI Magnum Emerging Businesses Fund (G) down 1.07% and SBI Magnum Comma Fund (G) down 1.02%.
Among the tax saving funds, the top gainers were Reliance Tax Saver (ELSS) Fund (G) up 0.41%, Escorts Tax Plan (G) up 0.37% and Kotak Tax Saver (G) up 0.26%. The top losers were JM Equity Tax Saver Fund - Series I (G) down 0.86%, Sundaram BNP Paribas Tax Saver (OE) (G) down 0.76% and UTI Equity Tax Savings Plan (G) down 0.67%.
Among the sector funds, the top gainers were Franklin Infotech Fund (G) up 1.24%, UTI Software Fund (G) up 1.23% and DSP-ML Technology.Com (G) up 0.92%. The top losers were JM Financial Services Sector Fund (G) down 1.05%, UTI Petro Fund (G) down 0.96% and UTI Banking Sector Fund (G) down 0.88%.
Among the balanced funds, the top gainers were Escorts Balanced Fund (G) up 0.18%, Escorts Opportunities Fund (G) up 0.15% and UTI CRTS 81(G) up 0.02%. The top losers were BOB Balance Fund (G) down 0.85%, JM Balanced Fund (G) down 0.66% and Reliance Regular Savings Fund - Balanced Option down 0.58%.
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