Mutual Funds continue to decline led by laggard market

Equity Mutual Funds extends its losing streak for the fifth consecutive session as equity schemes continue to shed returns in the dawdling market.

Banking & Finance category came off with slightly better performance as compared with others.

It is expected for equity funds to remain in negative territory for the coming week too as brokers expect more volatility in the market caused by edgy global market, and the F&O expiry due on Thursday.

The market session ended with Sensex losing 57 points to end at 18735.60, and the Nifty shed 7 points to close at 5651.

Among Fixed Income funds, fund managers remained continuous sellers in the Long term and Gilt Funds categories. Meanwhile Short term funds maintained steady returns.

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

Equity funds: Top gainers

*  Motilal Oswal MOSt Shares M50 ETF up 0.48%

*  JM Core 11 Fund (G) up 0.47%

*  UTI Dividend Yield Fund (G) up 0.22%

Equity funds: Top losers

*  HSBC Small Cap Fund (G) down 1.46%

*  Escorts Infrastructure Fund (G) down 1.00%

*  ICICI Prudential MidCap Fund (G) down 0.98%

Tax saving funds: Top gainers

*  JM Tax Gain Fund (G) up 0.10%

*  Quantum Tax Saving Fund (G) up 0.01%

Tax saving funds: Top losers

*  SBI TAX Advantage Fund - Series II (G) down 1.40%

*  SBI TAX Advantage Fund - Series I (G) down 1.28%

*  DSP BlackRock Tax Saver Fund (G) down 0.75%

Sector funds: Top gainers

*  Reliance Media & Entertainment Fund (G) up 0.70%

*  Reliance Banking Fund (G) up 0.25%

*  Taurus Banking & Financial Services Fund (G) up 0.17%

Sector funds: Top losers

*  ICICI Prudential Technology Fund (G) down 1.18%

*  SBI IT Fund (G) down 0.87%

*  Franklin Infotech Fund (G) down 0.84%

Balanced funds: Top gainers

*  LIC NOMURA MF Balanced Fund - C (G) up 0.12%

Balanced funds: Top losers

*  SBI Magnum Balanced Fund (G) down 0.55%

*  FT India Balanced Fund (G) down 0.42%

*  DSP BlackRock Balanced Fund (G) down 0.39%

Debt funds: Top gainers

*  Birla Sun Life Short Term Opportunities Fund - Institutional Plan (G) up 0.06%

*  ICICI Prudential Gilt - Treasury Plan (G) up 0.11%

Debt funds: Top losers

*  ICICI Prudential Dynamic Bond - Regular Plan (G) down 0.01%

*  DWS Gilt Fund - Regular Plan (G) down 0.01%

Anda sedang membaca artikel tentang

Mutual Funds continue to decline led by laggard market

Dengan url

http://sehatgayahidup.blogspot.com/2013/03/mutual-funds-continue-to-decline-led-by.html?m=0

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Mutual Funds continue to decline led by laggard market

namun jangan lupa untuk meletakkan link

Mutual Funds continue to decline led by laggard market

sebagai sumbernya