NAVs end mixed as mkts consolidate near 5400

Equity diversified NAVs ended mixed with advance:decline ratio of 117:124, as the benchmark Nifty has been consolidated near 5400 mark for fifth consecutive day and closed flat with negative bias on Monday. FMCG, realty, auto, private power and capital goods companies' shares witnessed selling pressure today; Reliance Industries, TCS, Sterlite, Infosys, Bharti and ICICI Bank were other losers in trade. On the other side, NTPC, L&T, HDFC, Reliance Communications, Wipro, Hindalco, HDFC Bank, SBI, Tata Steel, SAIL and M&M were on the buyers' radar.

The 30-share BSE Sensex closed at 17,928.42, down 27.40 points and the 50-share NSE Nifty declined 7.45 points to 5,386.45. The broader indices too ended the session on a flat note.

On the sectoral front, FMCG funds declined while banking funds advanced. Pharma and technology funds ended mixed.

However, long and short term debt funds closed higher; their advance:decline ratio stood at 78:5 & 104:4, respectively.

• Equity diversified NAVs end mixed
• FMCG funds decline
• Banking funds advance
• Pharma and technology funds end mixed
• Long and short term debt funds close 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

• JM Small & Mid-Cap Fund - Regular Plan (G) up 1.17%
• HSBC Midcap Equity Fund (G) up 1.01%
• JM Mid Cap Fund (G) up 0.75%

Equity diversified: Top losers

• Birla Sun Life Commodity Equities - Global Precious Metals Plan -RP (G) down 2.56%
• Birla Sun Life Commodity Equities - Global Multi Commodity Plan - RP (G) down 2.05%
• Birla Sun Life International Equity Fund - Plan A (G) down 1.78%

Tax saving funds: Top gainers

• IDFC Tax Saver (ELSS) Fund (G) up 0.60%
• IDFC Tax Advantage (ELSS) Fund (G) up 0.57%
• Reliance Equity Linked Saving Fund - Series I (G) up 0.37%

Tax saving funds: Top losers

• Sahara Tax Gain (G) down 0.30%
• ICICI Pru Tax Plan (G) down 0.27%
• UTI Long Term Advantage Fund (G) down 0.23%

Sector funds: Top gainers

• Reliance Media & Entertainment Fund (G) up 0.90%
• Reliance Banking Fund (G) up 0.80%
• Sahara Banking and Financial Services Fund (G) up 0.71%

Sector funds: Top losers

• ICICI Pru FMCG Fund (G) down 0.86%
• SBI Magnum FMCG Fund down 0.81%
• Franklin FMCG Fund (G) down 0.49%

Balanced funds: Top gainers

• Reliance Regular Savings Fund - Balanced Option (G) up 0.37%
• Canara Robeco Balance (G) up 0.30%
• UTI CRTS 81 (G) up 0.23%

Balanced funds: Top losers

• SBI Magnum Balanced Fund (G) down 0.26%
• HDFC Childrens Gift Fund - Investment Plan down 0.24%
• Baroda Pioneer Balance Fund (G) down 0.19%

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