NAVs soared high owing inflow of foreign money

The market closed the week with a flourish. The foreign institutional investors bought nearly Rs 15,000 crore worth of Indian equity shares since the beginning of January, bringing confidence among retail investors. All the funds in equity category soared high and ended with positive returns registering no decline.

Owing to market positive outlook all the sector fund ended in green. The Pharma & Healthcare, FMCG, Banking & Finance, and Technology indices were up 1-2% and no decline were seen in any category.

The rupee rally and inflow of foreign money led the Sensex to shoot up by 0.99% or 173.11 points to close at 173.11 points while NSE benchmark closed up 55.95 points or 1.06% at 5,325.85.

In the debt space, Long term debt funds offering fixed rate of interest witnessed shaky performance. The advance: decline ratio recorded were 50: 21 and 6: 43 for Long term and Gilt Long term. The Short term debt funds on the other hand saw no losers in any category.

Short term and Long term debt funds offering floating rate of interest excelled witnessing no loser

Check out all mutual fund gainers & losers

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

Equity funds: Top gainers

*  Canara Robeco Infrastructure (G) up 2.04%
*  Taurus Discovery Fund (G) up 2.01%
*  Escorts High Yield Equity Plan (G) up 1.78%

Equity finds: Top losers

*  Templeton India Equity Income Fund (G) down 0.06%

Tax saving funds: Top gainers

*  Escorts Tax Plan (G) up 1.58%
*  IDFC Tax Advantage (ELSS) Fund (G) up 1.57%
*  IDFC Tax Saver (ELSS) Fund (G) up 1.48%

Tax saving funds: Top losers

*  No Losers

Sector funds: Top gainers

*  Reliance Media & Entertainment Fund (G) up 2.02%
*  ICICI Prudential FMCG Fund (G) up 1.65%
*  Sahara R.E.A.L. Fund (G) up 1.51%

Sector funds: Top losers

*  No Losers

Balanced funds: Top gainers

*  Escorts Balanced Fund (G) up 1.68%
*  Reliance Regular Savings Fund - Balanced Option (G) up 1.06%
*  FT India Balanced Fund (G) up 1.02%

Balanced funds: Top losers

*  No Losers

Debt funds: Top gainers

*  UTI Dynamic Bond Fund (G) up 0.55%
*  Birla Sun Life Gilt Plus (PF Plan) (G) up 0.03%

Debt funds: Top losers

*  IDFC Dynamic Bond Fund - Regular Plan A (G) down 0.01%
*  Birla Sun Life Gilt Plus (Regular Plan) (G) down 0.01%