Tuesday, November 24, 04:21 am IST
Hot Searches:  mukesh ambanisugarforbes rich list
| Feedback
Moneycontrol » News Center » Mutual Funds » News
NAVs end with negative returns
Published on Wed, Nov 11, 2009 at 00:28   |  Updated at Wed, Nov 11, 2009 at 11:16  |  Source : Moneycontrol.com

Equity diversified NAVs ended lower with advance:decline ratio of 38:210, as the benchmark index Sensex snapped a four-day rally and closed the session marginally lower. The sell-off in telecom, FMCG, realty, and select power, technology and auto stocks kept the Nifty below the 4,900 in the second half of trade. ONGC was also the biggest loser. However, buying in Reliance Industries, SBI, ICICI Bank, SAIL, Sterlite, TCS and Tata Motors capped the losses to some extent.

The 30-share BSE Sensex closed at 16,440.56, down 58.16 points or 0.35%. The 50-share NSE Nifty lost 0.34% or 16.70 points, to settle at 4,881.70.

All sectoral funds declined. The BSE IT, Healthcare and FMCG indices were down by 0.73%, 0.29% and 0.22%, respectively. However, the BSE Bankex was up just 0.28%.

  • Equity diversified NAVs end lower
  • All sectoral funds decline

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 3.39%
  • Birla Sun Life International Equity Fund - Plan A (G) up 2.57%
  • Birla Sun Life Commodity Equities - Global Multi Commodity Plan - RP (G) up 2.15%

Equity diversified: Top losers

  • JM Small & Mid-Cap Fund - Regular Plan (G) down 1.51%
  • Tata Service Industries Fund (G) down 1.29%
  • JM Multi Strategy Fund (G) down 1.26%

Tax saving funds: Top gainers

  • Reliance Tax Saver (ELSS) Fund (G) up 0.55%
  • DBS Chola Tax Advantage Fund - Series I (G) up 0.35%
  • JM Tax Gain Fund (G) up 0.34%

Tax saving funds: Top losers

  • JM Equity Tax Saver Fund - Series I (G) down 1.17%
  • Birla Sun Life Tax Plan (G) down 0.93%
  • Bharti AXA Tax Advantage Fund - Eco Plan (G) down 0.84%

Sector funds: Top gainers

  • Birla Sun Life Buy India Fund (G) up 0.80%
  • UTI-Transportation and Logistics Fund (G) up 0.33%
  • Birla Sun Life MNC Fund (G) up 0.27%

Sector funds: Top losers

  • JM Telecom Sector Fund (G) down 3.06%
  • Tata Life Sciences & Technology Fund (G) down 1.49%
  • Franklin Pharma Fund (G) down 1.15%

Balanced funds: Top gainers

  • HDFC Balanced Fund (G) up 0.45%
  • Sundaram BNP Paribas Balanced Fund - Regular Plan (G) up 0.20%
  • UTI Mahila Unit Scheme (G) up 0.13%

Balanced funds: Top losers

  • LIC MF Balanced Fund - C (G) down 1.04%
  • JM Balanced Fund (G) down 1.02%
  • Escorts Balanced Fund (G) down 0.85%

For more Mutual Fund News click here

Important Links Today:  Leadership Wall    Chat Calendar    The 10 List   

What's your Opinion

WHAT OTHERS LIKE
  • Most Read
  • Most Viewed
©Network 18, 2009. All Rights Reserved