NAVs decline sharply as markets slip

Equity diversified NAVs ended lower with advance:decline ratio of 0:254 as the Equity benchmarks fell quite sharply in the second half of trade - down 249 points on the Sensex, especially after sell-off in the European markets on Thursday.

The 50-share NSE Nifty closed below the 5,500 mark, down 78.90 points or 1.42% to close at 5,486.15. The 30-share BSE Sensex plunged 249.17 points or 1.34%, to settle at 18,335.79.

On sectoral front, all sector funds declined. However Long and short term debt funds ended higher; their advance:decline ratio stood at 77:0 & 126:0, respectively.

  • Equity diversified NAVs end lower
  • Sector funds declined
  • Long and short term debt funds close 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
  • No Gainers
Equity diversified: Top losers
  • Birla Sun Life Commodity Equities - Global Precious Metals Plan -RP (G) down 3.11%
  • Birla Sun Life Commodity Equities - Global Multi Commodity Plan - RP (G) down 2.39%
  • Mirae Asset Global Commodity Stock Fund - Regular Plan (G) down 1.96%
Tax saving funds: Top gainers
  • No Gainers
Tax saving funds: Top losers
  • L&T Tax Saver Fund (G) down 1.82%
  • JM Tax Gain Fund (G) down 1.45%
  • Birla Sun Life Tax Relief 96 (G) down 1.37%
Sector funds: Top gainers
  • No Gainers
Sector funds: Top losers
  • Religare Banking Fund - Regular Plan (G) up 1.40%
  • ICICI Pru Banking & Financial Services Fund - Retail Plan (G) up 1.38%
  • Sundaram Financial Services Opportunities - Retail Plan (G) up 1.37%
Balanced funds: Top gainers
  • No Gainers
Balanced funds: Top losers
  • JM Balanced Fund (G) down 1.26%
  • Sundaram Balanced Fund - Regular Plan (G) down 1.00%
  • Fidelity India Childrens Plan - Marriage Fund (G) down 0.96%
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