EQUITY MARKET OVERVIEW
The market closed positive for the week despite continued FII selling.But the undertone remains cautious. The quarterly results have started trickling in and so far the leading software company results namely Infosys and TCS have been in line with expectation. Results of Gruh Finance too have been in line with expectation.
The market however, remains wary of the external scenario especially the policy issues in the US and the software stocks continue to remain weak. The Pharma companies remained soft as well.
Trumps comments so far have been unimpressive and further movement of the US market would depend on his policy actions. Till such time, the US market may remain range bound.
The Indian market too is likely to remain range bound ahead of the budget.
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HDFC Tax Saver
Nav as on 05/1/2017 59.42
1 year annualised returns 11.46
Since inception 26.89
DSP Blackrock Top 100 Equity Fund
Nav as on 05/1/2017 21.36
1 year annualised returns 8.62
Since inception 22.35
Birla Sun Life Forntline Equity Fund
Nav as on 05/1/2017 24.49
1 year annualised returns 10.30
Since inception 21.97
|Scheme ||Current NAV ||Div. % ||Record Date|
|DSP Blackrock Focus 25 Fund(D)||13.97||13%||Jan 13, 2017|
|Kotak Equity Saving Fund-Regular(MD)||10.61||0.55%||Jan 12, 2017|
New Fund Offer
|Scheme ||Structure ||Remarks ||Offer Period End|
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