NAVs end with positive returns as mkts gain

Equity diversified NAVs ended with positive returns and their advance:decline ratio stood at 204:13. The benchmark indices managed to stay on the higher side in the second half of the trade, amid volatile session. Education, sugar, brokerage and oil marketing companies' shares witnessed huge buying interest.

Upside in telecom, realty, banking, power, technology and select metal stocks and in Reliance Industries helped the markets. The 50-share NSE Nifty closed at 4340.90, up 1.16% or 49.80 points and the Sensex went up 151.63 points or 1.05%, to settle at 14,645.47.

All sectoral funds advanced; BSE Bank, Auto, IT, FMCG and Healthcare indices were up by 1.33%, 1.26%, 0.92%, 0.87% and 0.24%, respectively.

• Equity diversified NAVs end with positive returns
• All sectoral 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

• Sundaram BNP Paribas Rural India Fund (G) up 1.94%
• Birla Sun Life Special Situations Fund (G) up 1.86%
• Taurus Infrastructure Fund (G) up 1.80%

Equity diversified: Top losers

• Birla Sun Life Commodity Equities - Global Precious Metals Plan -RP (G) down 3.06%
• Birla Sun Life Commodity Equities - Global Agri Plan - Retail Plan (G) down 1.65%
• Birla Sun Life Commodity Equities - Global Multi Commodity Plan - RP (G) down 1.26%

Tax saving funds: Top gainers

• Bharti AXA Tax Advantage Fund - Retail Plan (G) up 1.81%
• Bharti AXA Tax Advantage Fund - Eco Plan (G) up 1.81%
• Taurus Tax Shield (G) up 1.76%

Sector funds: Top gainers

• JM Telecom Sector Fund (G) up 2.44%
• UTI-Transportation and Logistics Fund (G) up 1.74%
• DSP BlackRock Technology.Com - Regular Plan (G) up 1.24%

Sector funds: Top losers

• Reliance Media & Entertainment Fund (G) down 1.10%
• JM Financial Services Sector Fund (G) down 0.32%

Balanced funds: Top gainers

• JM Balanced Fund (G) up 1.33%
• Baroda Pioneer Balance Fund (G) up 1.05%
• Birla Sun Life 95 Fund (G) up 0.95%

For more Mutual Fund News click here