Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: TDS :: empanelment :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: due date for vat payment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: ACCOUNTING STANDARDS :: VAT RATES :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: list of goods taxed at 4% :: VAT Audit
 
 
From the Courts »
 CIT vs. ITD CEM India JV (Bombay High Court)
 Rajasthan Tax Consultants Association vs. UOI (Rajasthan High Court)
  H.T. MEDIA LIMITED Vs. PRINCIPAL COMMISSIONER OF INCOME TAX-IV, NEW DELHI
 Commissioner Of Income Tax (Ltu), New Delhi Vs. Oriental Insurance Company Ltd.
 Principal Commissioner Of Income Tax (Central)-2 Vs. Index Securities Private Limited
 Income Tax Appellate Tribunal, Ahmedabad Benches, Ahmedabad Constitution For The Period From 18/09/2017 To 22/09/2017
  M/s Brothers & Sisters Enterprise vs. JCIT (ITAT Kolkata)
  Commissioner Of Income Tax, Delhi-Iv Vs. DLF Universal Ltd.
 Commissioner Of Income Tax, Delhi-Iv Vs. DLF Universal Ltd.
 Jcb India Ltd. Vs. Deputy Commissioner Of Income Tax &
 Saheb Ram Om Prakash Marketing Pvt Ltd Vs. Commissioner Of Income Tax & ORS

MF NAVs decline sharply as markets plunge
May, 28th 2008

Equity diversified NAVs ended lower with negative advance:decline ratio of 7:192 as the markets have closed on a weak note. The Sensex was down 72.91 points or 0.45% at 16275.59, and the Nifty was down 15.25 points or 0.31% at 4859.80.

On the sectoral front, banking and FMCG funds declined while pharma and technology funds advanced. Auto funds ended mixed. Balanced and tax saving funds also finished lower; advance:decline ratio of 2:29 and 0:36, respectively.

Long term debt funds closed mixed with negative bias; adv:dec ratio stood at 31:35.

    * Equity diversified NAVs end lower
    * Banking and FMCG funds decline
    * Pharma and technology funds advance
    * Auto funds end mixed
    * Balanced and tax saving funds finish lower
    * Long term debt funds close mixed with negative bias

Among the equity diversified funds, the top gainer were Franklin Asian Equity Fund (G) up 1.32%,  Templeton India Equity Income Fund (G) up 0.42% and Birla Sun Life International Equity Fund - Plan A (G) up 0.12%.  The top losers Taurus Discovery Fund down 2.00%. JM Contra Fund (G) down 1.82% and JM Agri & Infra Fund (G) down 1.81%.

Among the tax saving funds, the top losers were  JM Equity Tax Saver Fund - Series I (G) up 1.85%, Birla Equity Plan (G) up 1.38% and Birla Sun Life Tax Relief 96 (G) up 1.31%. 

Among the sector funds, the top gainers were JM Telecom Sector Fund (G) up 0.73%, UTI Pharma & Healthcare Fund (G) up 0.21% and UTI Auto Sector Fund (G) up 0.20%. The top losers were UTI Banking Sector Fund (G) down 2.18%, JM Financial Services Sector Fund (G) down 2.14% and Reliance Banking Fund (G) down 2.10%.

Among the balanced funds, the top gainers were LIC MF Balanced Fund - C (G) up 0.20%, BOB Children Fund - Study Plan up 0.01%.  The top losers were JM Balanced Fund (G) down 3.57%, ICICI Pru Child Care Plan - Gift Plan  down 2.40% and Escorts Balanced Fund (G) down 2.30%.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Portfolio

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions