Jun 30, 2010, 11.53 AM IST

NAVs end with negative returns as markets fall

Equity diversified NAVs ended lower with advance:decline ratio of 11:248, as the benchmark Nifty retreated all its Monday's gains on negative global cues and closed 77 points down.

Source: Moneycontrol.com
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NAVs end with negative returns as markets fall
Equity diversified NAVs ended lower with advance:decline ratio of 11:248, as the benchmark Nifty retreated all its Monday's gains on negative global cues and closed 77 points down. The sell-off across all the sectors as well as funding worries for banks in Europe dragged the Sensex 240 points down. Metal, banking, oil & gas, power and realty were the major losers; respective indices declined 1-2.7%.


The 30-share BSE Sensex closed at 17,534.09, down 240.17 points or 1.35% and the 50-share NSE Nifty shed 77.35 points or 1.45% to settle at 5,256.15.


On the sectoral front, banking, FMCG, pharma and technology funds declined.


However, long and short term debt funds advanced; their advance:decline ratio stood at 74:3 & 105:4, respectively.


  • Equity diversified NAVs end lower
  • Banking, FMCG, pharma and technology funds decline
  • Long and short term debt funds advance
Check out all mutual fund gainers & losers


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


Equity diversified: Top gainers


  • Kotak Emerging Equity Scheme (G) up 0.26%
  • Sundaram BNP Paribas Select Small Cap Fund (G) up 0.23%
  • Sahara Wealth Plus - Variable Pricing Option (G) up 0.15%
Equity diversified: Top losers


  • Mirae Asset Global Commodity Stock Fund - Regular Plan (G) down 1.95%
  • Religare AGILE Fund (G) down 1.51%
  • Edelweiss Nifty Enhancer Fund - Plan A (G) down 1.41%
Tax saving funds: Top gainers


  • No Gainers
Tax saving funds: Top losers


  • Religare AGILE Tax Fund (G) down 1.46%
  • L&T Tax Saver Fund (G) down 1.29%
  • LIC MF Tax Plan (G) down 1.28%
Sector funds: Top gainers


  • Birla Sun Life MNC Fund (G) up 0.33%
  • UTI MNC Fund (G) up 0.17%
  • Birla Sun Life Buy India Fund (G) up 0.15%
Sector funds: Top losers


  • JM Telecom Sector Fund (G) down 1.38%
  • Sundaram BNP Paribas Select Thematic Energy Opportunities Funds (G) down 1.07%
  • JM Basic Fund (G) down 0.97%
Balanced funds: Top gainers


  • Sundaram BNP Paribas Balanced Fund - Regular Plan (G) up 0.03%
Balanced funds: Top losers


  • Principal Balanced Fund (G) down 0.85%
  • Principal Child Benefit Fund - Career Builder Plan down 0.83%
  • HDFC Childrens Gift Fund - Investment Plan down 0.76%
For more Mutual Fund News click here


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