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NAVs end higher as markets gain

Equity diversified NAVs ended strong with advance:decline ratio of 252:4 as markets closed the last session of the year 2010 on a positive note, led by support from financial, Anil Dhirubhai Ambani Group, realty, telecom, auto, select metal and power companies' shares.

January 03, 2011 / 11:05 AM IST

Equity diversified NAVs ended strong with advance:decline ratio of 252:4 as markets closed the last session of the year 2010 on a positive note, led by support from financial, Anil Dhirubhai Ambani Group, realty, telecom, auto, select metal and power companies' shares.


The 30-share BSE Sensex closed at 20,509.09, up 120.02 points or 0.59% and the 50-share NSE Nifty rose 32.65 points or 0.54% to settle at 6,134.50. The BSE Midcap and Smallcap indices went up 1% each.


All sectoral funds advanced. Even short and long term debt funds ended higher; their advance:decline ratio stood at 82:1 & 111:1, respectively.



  • Equity diversified NAVs end strong
  • All sectoral funds advance
  • Long and short term debt funds end higher

Check out all mutual fund gainers & losers


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


Equity diversified: Top gainers



  • JM HI FI Fund (G) up 1.90%
  • JM Emerging Leaders Fund (G) up 1.81%
  • JM Small & Mid-Cap Fund - Regular Plan (G) up 1.59%

Equity diversified: Top losers



  • Birla Sun Life Commodity Equities - Global Precious Metals Plan -RP (G) down 1.03%
  • Birla Sun Life International Equity Fund - Plan A (G) down 0.43%
  • Birla Sun Life Commodity Equities - Global Multi Commodity Plan - RP (G) down 0.42%

Tax saving funds: Top gainers



  • Escorts Tax Plan (G) up 1.61%
  • Tata Infrastructure Tax Saving Fund (G) up 1.28%
  • JM Tax Gain Fund (G) up 1.16%

Tax saving funds: Top losers



  • No Losers

Sector funds: Top gainers



  • JM Basic Fund (G) up 1.93%
  • JM Financial Services Sector Fund (G) up 1.92%
  • UTI Banking Sector Fund (G) up 1.29%

Sector funds: Top losers



  • No Losers

Balanced funds: Top gainers



  • ICICI Pru Child Care Plan - Gift Plan up 0.81%
  • Principal Conservative Growth Fund up 0.78%
  • DSP BlackRock Balanced Fund (G) up 0.77%

Balanced funds: Top losers



  • No Losers

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