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Tuesday, December 04, 2007
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MutualFund News
Nov 29 2007 11:13AM
Indus Ind Bank stocks likely to benefit MF scheme
Share prices of Chambal Fertilisers & Chemicals went up by 2.75% to Rs. 115.70 reported at BSE at 11.05 a.m. on 29 November 2007 against previous day close of Rs. 112.60.

DSP ML Equity Fund (D) is likely to gain 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. DSP ML Equity Fund (D) 1.52% of its total portfolio size invested in the stocks of the company as on 31 October 2007. The scheme holds 1.83 lakh 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 DSP ML Balanced Fund - (G) (1.18% of its portfolio), Stan Chart Arbitrage - Plan A (G) (0.58%) as on October 2007.

However, the schemes like, UTI-SPrEAD Fund (G) was holding 3.85lakh units on 30 September 2007, has sold its 3.23 lakh shares to 61600 units as on 31 October 2007 and thus less likely to gain. JM Arbitrage Advantage Fund (G) also holding 5.19 lakh units on 30 September 2007, has sold all its shares as on 31 October 2007 and thus less likely to benefit.

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