GMR Infrastructure Stocks Likely To Benefit MF Scheme

Share prices of GMR Infrastructure went up by 8.17% to Rs. 830 reported at BSE at 11.38 a.m. on 3 August 2007 against previous day close of Rs. 767.30.

Junior BeES 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. Junior BeES has 6.38% of its total portfolio size invested in the stocks of the company as on June 2007. The scheme holds 3898 units of the company in June 2007 compared to its peer groups who have invested in the stocks of the company.

It is followed by LICMF Unit Linked Insurance Scheme (G) (3.81% of its portfolio), Kotak Emerging Equity Fund (G) (3.39%) as on June 2007.

However the scheme like Sahara Mid Cap Fund (G) is less likely to benefit as it completely exited from the stocks of the company in June 2007 compared to 2.00% hold in May 2007.