EQUITY MARKET OVERVIEW
The stock index slid nearly 0.7% yesterday at the close, paring the week’s gain to 0.5%. The market has risen about 4.4% in seven days through yesterday on optimism that finance minister will boost infrastructure spending and give sops for investing and manufacturing in his budget presentation on 28 February.
As we go in to the budget week, the market is likely to be volatile on account of bouts of pessimism and optimism amongst the investors. The general trend however is likely to be stable especially on the background that globally, Greece seems to have got some respite from the Lenders and Ukraine too could see a reduction in violence.
This year’s budget presentation is probably one of the most awaited events in many years and at least in the short term, will decide the direction of the market.
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HDFC Tax Saver
Nav as on 02/27/2015 73.47
1 year annualised returns 63.35 br/>
Since inception 29.95
DSP Blackrock Top 100 Equity Fund
Nav as on 02/27/2015 24.34
1 year annualised eturns 49.16
Since inception 26.45 br/>
Birla Sun Life Forntline Equity Fund
Nav as on 02/20/2015 31.05
1 year annualised returns 57.16
Since inception 25.35 br/>
|Scheme ||Current NAV ||Div. % ||Record Date|
|Tata Dividend Yield Fund(D)||29.12||22.50||Feb 27, 2015|
|Reliance Banking Fund(D)||55.47||50.00||Feb 27, 2015|
New Fund Offer
|Scheme ||Structure ||Remarks ||Offer Period End|
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