ELSS Funds emerge major gainers for week ended Apr. 9

ELSS Funds

NAVs of the ELSS funds category gained 1.91% in the week ended Apr.09, 2010.

Among the ELSS funds, SBI Tax Advantage Fund Series 1 gained 3.50%, IDFC Tax Saver (ELSS) Fund added 2.83%, Bharti AXA Tax Advantage Fund - Eco Plan rose 2.78%, Bharti AXA Tax Advantage Fund - Regular climbed 2.74% and L&T Tax Advantage Fund - Series I gained 2.63%.

Equity-Diversified Funds

NAVs of the Equity-Diversified funds category gained 1.73% in the week ended Apr.09, 2010.

Among the Equity-Diversified funds, JM Core 11 Fund - Series 1 gained 5.80%, HSBC Small Cap Fund added 5.34%, SBI Magnum Midcap Fund rose 5.11%, DSP BlackRock Micro Cap Fund - Regular climbed 4.96% and SBI Magnum Sector Funds Umbrella - Emerging Business Fund gained 4.90%.

Index Funds

NAVs of the Index funds category gained 1.31% in the week ended Apr.09, 2010.

Among the Index funds, SBI Magnum Index Fund gained 2.08%, Benchmark S&P CNX 500 Fund added 1.42%, LICMF Index Fund - Sensex Advantage Plan rose 1.36%, Tata Index Fund - Sensex Plan - B climbed 1.34% and UTI Master Index Fund gained 1.34%.

Balanced Funds

NAVs of the Balanced funds category gained 1.08% in the week ended Apr.09, 2010.

Among the Balanced funds, ICICI Prudential Child Care Gift Plan gained 3.94%, JM Balanced Fund added 3.80%, Canara Robeco Balance rose 2.72%, Principal Child Benefits Fund-Career Builder climbed 2.67% and HDFC Children`s Gift Investment Plan gained 2.48%.
Debt Funds

NAVs of the Debt funds category gained 0.13% in the week ended Apr.09, 2010.

Among the Debt funds, DWS Fixed Term Fund - Series 50 - Plan A gained 2.64%, ICICI Prudential S M A R T Fund - Series G - Retail added 2.25%, SBI Magnum NRI Investment Fund - FlexiAsset Plan rose 2.13%, Birla Sun Life Equity Linked FMP - Series A - Retail climbed 1.91% and DWS Fixed Term Fund - Series 43 - Regular gained 1.60%.

Sector Funds

All the sector fund categories gained during the week ended Apr.09, 2010. Among major gainers in the sector fund categories, were Media and Entertainment (2.76%), Auto (2.6%), Infrastructure (2.21%), Financial Services (2.19%), Bank (2.1%), Services (2.03%).