FDC stocks likely to benefit MF scheme

Share prices of FDC went up by 2.75% to Rs. 42.95 reported at BSE at 10.39 a.m. on 7 December 2007 against previous day close of Rs. 41.80.

Reliance Pharma Fund (Bonus) 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. Reliance Pharma Fund (Bonus) 5.82% of its total portfolio size invested in the stocks of the company as on 30 November 2007. The scheme holds 25.11 lakh units of the company in November 2007 compared to its peer groups who have invested in the stocks of the company.

It is followed by ICICI Pru Discovery Fund (G) with 28.14 lakh units (1.41% of its portfolio), ICICI Pru Tax Plan - (G) with 40.38 lakh units holding (1.41%) as on November 2007. ICICI Pru Income Multiplier Fund - Regular (G) with 6.03 lakh units (0.42%) as on November 2007 thus is also likely to benefit.