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Feb 16, 2012, 09.59 AM IST
It was a wild Wednesday! The equity funds cheered as Benchmark index- Sensex rose by over 353 point led by inflow of foreign money and falling inflation and hopes for rate cuts by RBI.
As the markets closed surged, all sectoral funds too registered positive returns with decline in any category. Foreign money played a key role in the current year. The Sensex rose 353.84 points or 1.98%, to close at 18,202.41 and the Nifty gained 114 points or 2.1%, to end at 5,531.95. In the debt space, the hopes of interest rate cut bolstered performance of debt funds. Both Long term and Short term debt funds advanced registering few losers in either category. (Click here to know more on Debt funds) Check out all mutual fund gainers & losers Here is the day’s performance and the gainers and losers across categories. Equity funds: Top gainers
* Goldman Sachs Infrastructure Exchange Traded Scheme up 3.94% Equity funds: Top losers * No Losers Tax saving funds: Top gainers
* JM Tax Gain Fund (G) up 3.28% Tax saving funds: Top losers * No losers Sector funds: Top gainers
* Reliance Banking Exchange Traded Fund up 3.46% Sector funds: Top losers * No Losers Balanced funds: Top gainers
* Principal Retail Equity Saving Fund (G) up 2.07% Balanced funds: Top losers * No Losers Debt funds: Top gainers
* Birla Sun Life Income Plus (Discipline Advantage Plan) up 0.16% Debt funds: Top losers
* IDFC Super Saver Income Fund - Regular Plan A (G) down 0.01%
Tags: IDFC Super Saver Income Fund - Regular Plan A (G), Canara Robeco Gilt PGS (G) , Birla Sun Life Income Plus (Discipline Advantage Plan, Escorts Balanced Fund (G, SBI Magnum Balanced Fund (G), Reliance Banking Exchange Traded Fund , UTI Banking Sector Fund (G), Sundaram Financial Services Opportunities - Retail Plan (G, JM Tax Gain Fund (G) , SBI TAX Advantage Fund - Series I (G), Quantum Tax Saving Fund (G) , Goldman Sachs Infrastructure Exchange Traded Scheme
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