NAVs end mixed ahead of RBIs credit policy review

Equity funds ended mixed ahead of credit RBI's credit policy review. The advance: decline ratio for the broader indices fund was 42: 35, 28: 21 for Large cap and Small and Mid cap. ELSS and Balanced funds ended flat with the ratio of 22: 22 and 11:11 while Equity Diversified ended with 43:50

The sectoral indices were quite supportive and helped the market to recover. All the sectoral funds registered positive returns with only few losers registered.
 
The lackluster global market led the local market to end flat. The BSE benchmark went up 12.72 points, to close at 16,751.73 while the NSE benchmark fell just 2.35 points to 5,046.25.

In the debt market space, both Long term and Short term fund continue to advanced witnessing very loser in either category.

Check out all mutual fund gainers & losers

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

Equity funds: Top gainers

*  Goldman Sachs Infrastructure Exchange Traded Scheme up 0.85%
*  JPMorgan India Smaller Companies Fund (G) up 0.67%
*  Reliance Equity Opportunities Fund - Retail Plan (G) up 0.63%

Equity funds: Top losers

*  SBI Magnum Comma Fund (G) down 1.25%
*  Sundaram Select Thematic Energy Opportunities Funds (G) down 0.63%
*  Tata Contra Fund (G) down 0.57%

Tax saving funds: Top gainers

*  Reliance Tax Saver (ELSS) Fund (G) up 0.35%
*  L&T Tax Advantage Fund - Series I (G) up 0.34%
*  HDFC Long Term Advantage Fund (G) up 0.31%

Tax saving funds: Top losers

*  ICICI Prudential Tax Plan (G) down 0.36%
*  Tata Infrastructure Tax Saving Fund (G) down 0.34%
*  Escorts Tax Plan (G) down 0.33%

Sector funds: Top gainers

*  IDFC Strategic Sector (50-50) Equity Fund - Plan A (G) up 0.71%
*  Sahara Banking and Financial Services Fund (G) up 0.70%
*  IDFC Strategic Sector (50-50) Equity Fund - Plan B (G) up 0.70%

Sector funds: Top losers

*  Reliance Natural Resources Fund (G) down 0.93%
*  Reliance Media & Entertainment Fund (G) down 0.65%
*  UTI Energy Fund (G) down 0.44%

Balanced funds: Top gainers

*  JM Balanced Fund (G) up 0.53%
*  Edelweiss Absolute Return Fund (G) up 0.17%
*  ICICI Prudential Equity & Derivatives Fund - Volatility Advantage Plan (G) up 0.15%

Balanced funds: Top losers

*  Sundaram Balanced Fund - Regular Plan (G) down 0.44%
*  Escorts Balanced Fund (G) down 0.22%
*  DSP BlackRock Balanced Fund (G) down 0.18%

Debt funds: Top gainers

*  BNP Paribas Flexi Debt Fund - Regular Plan (G) up 0.14%
*  Tata Gilt Mid Term Fund (G) up 0.20%

Debt funds: Top losers

*  ICICI Prudential Income Opportunities Fund - Retail Plan (G) down 0.01%
*  Birla Sun Life Gilt Plus (Regular Plan) (G) down 0.05%