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Sunday, December 02, 2007
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Mutual Fund News
Nov 29 2007 11:27AM
Colgate-Palmolive (India) loses by 6.87%
Share prices of Colgate-Palmolive (India) lost by 6.87% to Rs. 382.15 reported at BSE at 11.05 a.m. on 29 November 2007 against previous day close of Rs 410.35.

Magnum SFU - FMCG Fund is likely to lose as it has the highest percentage hold of the stocks of the company compared to its peer groups who have invested in the stocks of the company. Magnum SFU - FMCG Fund has 12.65% of its total portfolio size invested in the stocks of the company as on October 2007. The scheme holds 30092 units of the company in October 2007 compared to its peer groups who have invested in the stocks of the company.

It is followed by HDFC Mid-Cap Opportunities Fund (G) with 14.00 lakh units (3.60% of its portfolio), HDFC Long Term Advantage Fund (G) with holding of 8.44 lakh units (3.54%) as on October 2007.

However, the scheme Tata Tax Saving Fund was holding 90000 units in September 2007, has sold all its shares in October 2007 and thus likely to benefit most among others. Birla India GenNext Fund (G) was also holding 1.00 lakh units in September 2007, has sold its 48,964 shares to 51036 units as on 31 October 2007 and thus likely to gain among others.

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