NAVs end mixed as market ended lower

After exhibiting stellar performance, market took a breather and ended low. Equity funds closed with mixed performance. In the broader indices space, the advance: decline ratio recorded for Large cap was 35: 36 while Small cap closed with positive returns with the ratio of 37: 6. Among others, Equity Diversified, ELSS and Balanced funds ended with the ratio of 53: 33, 27: 18 and 11:8 respectively.

The sector space saw some positive streak with majority of funds ending in green. Pharma & Healthcare and Technology funds were among the greatest gainers with no losers' registered while a few were recorded for Banking & Finance and FMCG.

 
The Sensex was down 48.42 points or 0.27% at 18153.99, and the Nifty was down 10 points or 0.18% at 5521.95.

Check out all mutual fund gainers & losers

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

Equity funds: Top gainers

*  HSBC Progressive Themes Fund (G)
*  Reliance Infrastructure Fund - Retail Plan (G) up 1.16%
*  ING Midcap Fund (G) up 1.09%

Equity funds: Top losers

*  Morgan Stanley Growth Fund (G) down 0.76%
*  Templeton India Equity Income Fund (G) down 0.68%

Tax saving funds: Top gainers

*  Reliance Equity Linked Saving Fund - Series I (G) up 1.53%
*  DWS Tax Saving Fund (G) up 0.80%
*  Quantum Tax Saving Fund (G) up 0.79%

Tax saving funds: Top losers

*  Franklin India Tax Shield (G) down 0.48%
*  ICICI Prudential Tax Plan (G) down 0.42%
*  JP Morgan India Tax Advantage Fund (G) down 0.42%

Sector funds: Top gainers

*  Sundaram Media & Entertainment Opportunities - Retail (G) up 1.42%
*  Sahara R.E.A.L. Fund (G) up 1.27%
*  ICICI Prudential Technology Fund (G) up 0.94%

Sector funds: Top losers

*  ICICI Prudential FMCG Fund (G) down 0.33%
*  Canara Robeco F.O.R.C.E Fund - Retail Plan (G) down 0.22%
*  ICICI Prudential Banking & Financial Services Fund - Retail Plan (G) down 0.22%

Balanced funds: Top gainers

*  JM Balanced Fund (G) up 0.57%
*  UTI Balanced Fund (G) up 0.42%
*  Escorts Balanced Fund (G) up 0.38%

Balanced funds: Top losers

*  FT India Balanced Fund (G) down 0.40%
*  ING Balanced Portfolio (G) down 0.23%
*  Principal Balanced Fund (G) down 0.20%