NAVs end higher as markets gain

Equity diversified NAVs ended higher with advance:decline ratio of 241:11, as the Sensex and Nifty rallied 3.4% each this week especially post budget, which was on February 26. This rally was on the back of strong fund flows from FIIs. FIIs were net buyers to the tune of Rs 4,334.6 crore since Budget day.

 

The 30-share BSE Sensex closed at 16,994.49, up 22.79 points and the 50-share NSE Nifty ended at 5,118.65, up 8.45 points.

 

All sectoral funds advanced. Short term debt funds also ended with positive returns while long term debt funds with negative returns; their advance:decline ratio stood at 84:16 and 36:38, respectively.

• Equity diversified NAVs gain
• All sectoral funds advance
• Short term debt funds end with positive returns
• Long term debt funds close with negative returns

Check out all mutual fund gainers & losers

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

Equity diversified: Top gainers

• IDFC Premier Equity Fund - Plan A (G) up 1.56%
• Birla Sun Life India GenNext Fund (G) up 1.35%
• Franklin India High Growth Companies Fund (G) up 1.28%

Equity diversified: Top losers

• Birla Sun Life Commodity Equities - Global Precious Metals Plan -RP (G) down 1.63%
• Birla Sun Life Commodity Equities - Global Multi Commodity Plan - RP (G) down 0.99%
• Birla Sun Life Commodity Equities - Global Agri Plan - Retail Plan (G) down 0.61%

Tax saving funds: Top gainers

• Taurus Tax Shield (G) up 1.05%
• DSP BlackRock Tax Saver Fund (G) up 0.77%
• Bharti AXA Tax Advantage Fund - Retail Plan (G) up 0.75%

Tax saving funds: Top losers

• Religare AGILE Tax Fund (G) down 0.42%

Sector funds: Top gainers

• Reliance Media & Entertainment Fund (G) up 1.31%
• Franklin FMCG Fund (G) up 0.98%
• Birla Sun Life Buy India Fund (G) up 0.82%

Sector funds: Top losers

• Sahara Banking and Financial Services Fund (G) down 0.27%

Balanced funds: Top gainers

• Reliance Regular Savings Fund - Balanced Option (G) up 0.83%
• Principal Canara Robeco Balance (G) up 0.77%
• JM Balanced Fund (G) up 0.59%

Balanced funds: Top losers

• HDFC Balanced Fund (G) down 0.01%

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