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MF NAVs gain as market end higher ahead of Greek referendum

Mutual Funds NAVs closed with positive returns as the Equity benchmarks outperformed global peers with the Sensex ending above the 28000 level and the Nifty few points away from 8500 level.

July 04, 2015 / 03:34 PM IST

Mutual Funds NAVs closed with positive returns as the market registered steady gains on Friday before the outcome of Greek referendum that will be held on Sunday. Equity benchmarks outperformed global peers with the Sensex ending above the 28000 level and the Nifty few points away from 8500 level. However, the broader markets underperformed. Performance wise, Small & Mid cap funds ended with mixed returns, whereas all other equity domain categories delivered stable performance registering with few decline. Sector funds too excelled registering very few decline.


The 30-share BSE Sensex gained 146.99 points or 0.53 percent at 28092.79 and the 50-share NSE Nifty rose 40 points or 0.47 percent to 8484.90, aided by banking & financials. The BSE Midcap and Smallcap indices closed flat after rallying in previous three consecutive sessions.


Check out all mutual fund gainers & losers


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


Equity diversified: Top gainers

Close

*  Reliance Capital Builder Fund - Series C (G) up 0.76%
*  DSP BlackRock 3 Years Close Ended Equity Fund - Regular Plan (G) up 0.75%
*  SBI Small & Midcap Fund (G) up 0.68%


Equity diversified: Top losers


*  Mirae Asset Global Commodity Stock Fund - Regular Plan (G) down 1.14%
*  Franklin Asian Equity Fund (G) down 0.70%
*  LIC NOMURA MF Midcap Fund - Regular Plan (G) down 0.57%


Tax saving funds: Top gainers


*  SBI Magnum Tax Gain Scheme (G) up 0.62%
*  Religare Invesco AGILE Tax Fund (G) up 0.59%
*  Tata Tax Advantage Fund - 1 (G) up 0.47%


Tax saving funds: Top losers


*  JM Tax Gain Fund (G) down 0.52%
*  LIC NOMURA MF Tax Plan (G) down 0.33%
*  Escorts Tax Plan (G) down 0.25%


Sector funds: Top gainers


*  ICICI Prudential Banking & Financial Services Fund - Retail Plan (G) up 1.17%
*  UTI Banking Sector Fund (G) up 0.84%
*  Taurus Banking & Financial Services Fund (G) up 0.80%


Sector funds: Top losers


*  Religare Invesco PSU Equity Fund (G) down 0.43%
*  UTI Transportation and Logistics Fund (G) down 0.21%
*  Reliance Media & Entertainment Fund (G) down 0.11%


Balanced funds: Top gainers


*  ICICI Prudential Balanced Fund (G) up 0.51%
*  Canara Robeco Balance (G) up 0.43%
*  JM Balanced Fund (G) up 0.39%


Balanced funds: Top losers


*  ICICI Prudential Child Care Plan - Gift Plan down 0.07%
*  Escorts Balanced Fund (G) down 0.04%


Debt funds: Top gainers


*  Motilal Oswal MOSt Focused Long Term Fund - Regular Plan (G) up 0.30%
*  SBI EDGE Fund (G) up 0.27%
*  Canara Robeco Income (G) up 0.16%


Debt funds: Top losers


*  DWS Arbitrage Fund - Regular Plan (G) down 0.06%


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