Neyveli Lignite Corporation Stocks Likely To Benefit MF Scheme

Share prices of Neyveli Lignite Corporation went up by 2.27% to Rs. 166.50 reported at BSE at 10.12 a.m. on 7 November 2007 against previous day close of Rs. 162.80.

Tata Dividend Yield Fund (G) 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. Tata Dividend Yield Fund (G) has 5.30% of its total portfolio size invested in the stocks of the company as on 31 October 2007. The scheme holds 8.30 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 Birla Dividend Yield Plus (G) (2.72% of its portfolio), JM Arbitrage Advantage Fund (G) (1.37%) as on October 2007.

DSP ML Savings Plus Fund Aggressive (G) was holding 57,800 units on 30 September 2007, has sold all its shares as on 31 October 2007 and thus less likely to gain. DSP ML Savings Plus Fund Moderate (G) was holding 56,210 units on 30 September 2007 has sold all its shares as on 31 October 2007 and thus less likely to benefit.