Apr 16, 2012, 09.47 AM IST

NAVs decline as market ends lower

Market saw a dip in previous trading session led down by the euro- zone woes and disappointing Infosys results. The BSE fell 238.11 points or 1.37%, to close at 17,094.51 and the NSE slipped 69.40 points to 5,207.45.

Source: Moneycontrol.com

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Market saw a dip in previous trading session led down by the euro- zone woes and disappointing Infosys results. All the funds in broader indices Small and Mid cap and in the Large cap segment slumped. Diversified Equity, ELSS and Balanced too followed the same trend and succumb under market pressure with very few gainers registered.

In the sectoral segment, Banking & Finance and Technology funds were seen losing the most in sectoral category witnessing no gainers. Meanwhile Pharma & Healthcare and FMCG soared high with the positive returns.
The BSE benchmark fell 238.11 points or 1.37%, to close at 17,094.51 and the NSE benchmark slipped 69.40 points to 5,207.45.
In the debt funds, the returns on Gilt Long term funds were seen declining while other categories continued to excel.

Check out all mutual fund gainers & losers

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

Equity funds: Top gainers

* Religare AGILE Fund (G) up 0.76%
* Birla Sun Life Buy India Fund (G) up 0.67%
* SBI Magnum Emerging Businesses Fund (G) up 0.54%

Equity funds: Top losers

* UTI Services Industries Fund (G) down 2.50%
* ICICI Prudential Services Industries Fund (G) down 2.21%
* JM Core 11 Fund (G) down 2.19%

Tax saving funds: Top gainers

* Religare AGILE Tax Fund (G) up 0.68%
* Reliance Tax Saver (ELSS) Fund (G) up 0.01%

Tax saving funds: Top losers

* JM Tax Gain Fund (G) down 1.58%
* Quantum Tax Saving Fund (G) down 1.39%
* LIC NOMURA Tax Plan (G) down 1.37%

Sector funds: Top gainers

* UTI Pharma & Healthcare Fund (G) up 1.45%
* SBI Magnum Pharma Fund (G) up 1.08%
* Reliance Pharma Fund (G) up 0.79%

Sector funds: Top losers

* Franklin Infotech Fund (G) down 7.95%
* DSP BlackRock Technology.Com - Regular Plan (G) down 7.29%
* ICICI Prudential Technology Fund (G) down 5.98%

Balanced funds: Top gainers

* No Gainers

Balanced funds: Top losers

* ICICI Prudential Balanced Fund (G) down 1.16%
* JM Balanced Fund (G) down 1.02%
* ICICI Prudential Equity & Derivatives Fund - Volatility Advantage Plan (G) down 1.01%

Debt funds: Top gainers

* HDFC Medium Term Opportunities Fund (G) up 0.16%
* Templeton India Govt Sec - Provident Fund (G) up 0.10%

Debt funds: Top losers

* Pramerica Dynamic Bond Fund (G) down 0.01%
* HSBC Gilt Fund - Short Term Plan (G) down 0.01%