Lanco Infratech Likely To Benefit MF Schemes

Share prices of Lanco Infratech were up 2.75% to Rs. 294.70 reported at BSE at 11.29 a.m. on 31 August against previous day close of Rs.286.80.

Gain in the stock prices of the company will benefit various mutual fund schemes, which have invested in the stocks of the company.

ABN Amro Future Leaders Fund (G) is likely to benefit the most 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. ABN Amro Future Leaders Fund (G) has 2.50% share of its portfolio invested in the stocks of the company with 1.54 lakh units as on July 2007.

ABN Amro Opportunities Fund (G) is also likely to benefit as scheme has invested 2.41% of its portfolio with 3.76 lakh units in the stocks of the company as on July 2007.

However, the scheme like Principal Resurgent India Equity Fund (G) is less likely to benefit as scheme exited completely from the stocks of the company as on July 2007.