NAVs decline sharply as Sensex sheds 111 pts

Equity diversified NAVs ended lower with advance:decline ratio of 10:244, as the benchmark Sensex shed 111 points on Monday, dragged by SBI, Maruti, Hero Honda, Reliance Industries, DLF, ONGC, L&T and HDFC.

The 30-share BSE Sensex closed at 18,020.05, down 110.93 points or 0.61% and the 50-share NSE Nifty fell 30.50 points or 0.56% to 5,418.60.

On the sectoral front, banking, FMCG and pharma funds declined while technology funds closed mixed.

However, long and short term debt funds ended higher; their advance:decline ratio stood at 73:3 & 106:2, respectively.

• Equity diversified NAVs end lower
• Banking, FMCG and pharma funds decline
• Technology funds close mixed
• Long and short term debt funds end higher

Check out all mutual fund gainers & losers

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

Equity diversified: Top gainers

• Birla Sun Life Commodity Equities - Global Multi Commodity Plan - RP (G) up 1.20%
• Birla Sun Life Commodity Equities - Global Agri Plan - Retail Plan (G) up 1.14%
• Birla Sun Life Commodity Equities - Global Precious Metals Plan -RP (G) up 0.94%

Equity diversified: Top losers

• ING Domestic Opportunities Fund (G) down 1.65%
• HSBC Midcap Equity Fund (G) down 1.59%
• Sahara Growth Fund (G) down 1.53%

Tax saving funds: Top gainers

• No Gainers

Tax saving funds: Top losers

• Birla Sun Life Tax Relief 96 (G) down 1.11%
• HSBC Tax Saver Equity Fund (G) down 1.07%
• ING Tax Saving Fund (G) down 0.94%

Sector funds: Top gainers

• JM Telecom Sector Fund (G) up 0.82%

Sector funds: Top losers

• Birla Sun Life Buy India Fund (G) down 1.73%
• Sahara Banking and Financial Services Fund (G) down 1.60%
• Birla Sun Life MNC Fund (G) down 1.57%

Balanced funds: Top gainers

• Sundaram BNP Paribas Balanced Fund - Regular Plan (G) up 0.11%

Balanced funds: Top losers

• ICICI Pru Child Care Plan - Gift Plan down 0.76%
• Principal Child Benefit Fund - Career Builder Plan down 0.72%
• Reliance Regular Savings Fund - Balanced Option (G) down 0.70%

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