NAVs end higher as markets gain

Equity diversified NAVs ended higher with advance:decline ratio of 217:12, as the benchmark Nifty continued rally for the second consecutive day, reacting to positive global cues and added another 34 points. Banking, technology, metal on rise in CRB index, select capital goods, power and pharma stocks witnessed buying interest. However, selling was seen in Maruti, HUL, Tata Power, Tata Motors, Unitech, M&M, BPCL, Suzlon and Ambuja Cement.

The 30-share BSE Sensex closed at 17,490.08, up 106.90 points or 0.61% and the Nifty rose 33.80 points or 0.65% to settle at 5,231.90.

All sectoral funds advanced. Long and short term debt funds also closed with positive returns; their advance:decline ratio stood at 70:2 and 91:1, respectively.

• Equity diversified NAVs end higher
• All sectoral funds advance
• Long and short term debt funds close with positive 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

• Birla Sun Life Commodity Equities - Global Precious Metals Plan -RP (G) up 1.95%
• Franklin Asian Equity Fund (G) up 1.90%
• LIC Infrastructure Fund Series 1 (G) up 1.73%

Equity diversified: Top losers

• Tata Growing Economies Infrastructure Fund - Plan A (G) down 0.78%
• JM Emerging Leaders Fund (G) down 0.68%
• Sahara Star Value Fund (G) down 0.67%

Tax saving funds: Top gainers

• LIC MF Tax Plan (G) up 1.67%
• SBI Magnum Tax Gain Scheme (G) up 1.30%
• Franklin India Tax Shield (G) up 0.72%

Tax saving funds: Top losers

• JM Tax Gain Fund (G) down 0.01%

Sector funds: Top gainers

• SBI Magnum Pharma Fund (G) up 1.76%
• Reliance Pharma Fund (G) up 1.15%
• JM Telecom Sector Fund (G) up 1.01%

Sector funds: Top losers

• Reliance Media & Entertainment Fund (G) down 0.42%
• Birla Sun Life Buy India Fund (G) down 0.27%
• UTI MNC Fund (G) down 0.04%

Balanced funds: Top gainers

• SBI Magnum Balanced Fund (G) up 1.22%
• LIC MF Unit Linked Insurance Scheme up 1.04%
• LIC MF Balanced Fund - C (G) up 0.59%

Balanced funds: Top losers

• No Losers

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