NAVs end with positive returns

Equity diversified NAVs ended higher with advance:decline ratio of 147:92. However, the markets witnessed consolidation throughout the session and closed with modest loss, after two-day of rally. The sell-off in oil & gas exploration, power, metal, FMCG, select capital goods and banking & financial companies' shares kept the markets lower. However, buying in telecom, technology, auto and oil marketing companies' shares along with L&T, Cipla and Ambuja Cements capped the losses to some extent.

The 30-share BSE Sensex closed at 17,131.08, down 49.10 points or 0.29% and the 50-share NSE Nifty lost 0.25% or 13 points, to settle at 5,090.55.

On the sectoral front, pharma and technology funds advanced while banking and FMCG funds closed mixed with negative bias.

• Equity diversified NAVs end higher
• Pharma and technology funds advance
• Banking and FMCG funds close mixed with negative bias

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 1.55%
• Birla Sun Life Commodity Equities - Global Precious Metals Plan -RP (G) up 1.45%
• Principal PNB Long Term Equity Fund - 3 Year Plan - Series II (G) up 1.11%

Equity diversified: Top losers

• Franklin Asian Equity Fund (G) down 0.74%
• Reliance Infrastructure Fund - Retail Plan (G) down 0.70%
• Bharti AXA Equity Fund - Eco Plan (G) down 0.68%

Tax saving funds: Top gainers

• DBS Chola Tax Advantage Fund - Series I (G) up 1.14%
• ICICI Pru Tax Plan (G) up 0.78%
• Escorts Tax Plan (G) up 0.40%

Tax saving funds: Top losers

• Bharti AXA Tax Advantage Fund - Eco Plan (G) down 0.59%
• Bharti AXA Tax Advantage Fund - Retail Plan (G) down 0.54%
• Tata Infrastructure Tax Saving Fund (G) down 0.49%

Sector funds: Top gainers

• ICICI Pru FMCG Fund (G) up 0.65%
• JM Telecom Sector Fund (G) up 0.61%
• Birla Sun Life Buy India Fund (G) up 0.40%

Sector funds: Top losers

• SBI Magnum FMCG Fund down 1.08%
• Reliance Diversified Power Sector Fund - Retail Plan (G) down 0.57%
• Sundaram BNP Paribas Select Thematic Energy Opportunities Funds (G) down 0.31%

Balanced funds: Top gainers

• ICICI Pru Child Care Plan - Gift Plan up 0.77%
• Escorts Balanced Fund (G) up 0.70%
• Principal Child Benefit Fund - Career Builder Plan up 0.53%

Balanced funds: Top losers

• Kotak Dynamic Asset Allocation (G) down 0.52%
• Sundaram BNP Paribas Balanced Fund - Regular Plan (G) down 0.38%
• Kotak Balance down 0.11%

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