HCL Info Systems Stocks Likely To Benefit MF Scheme

Share prices of HCL Info systems went up by 5.66% to Rs. 254.00 reported at BSE at 10.35 a.m. on 20 December 2007 against previous day close of Rs. 240.40.

Tata Life Science & Technology 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 Life Science & Technology Fund - (G) 6.98% of its total portfolio size invested in the stocks of the company as on 30 November 2007. The scheme holds 1.66 lakh units of the company in November 2007 compared to its peer groups who have invested in the stocks of the company.

Tata Dividend Yield Fund (G) follows it with 3.30 lakh units (4.47% of its portfolio), Birla Dividend Yield Plus (G) with 2.96 lakh units holding (2.03%) as on November 2007 secures the third position.

However, the schemes like, AIG India Equity Fund (G) was holding 10.30 lakh units as on 31 October 2007, has sold its 2.29 lakh shares to 8.01 lakh units as on 30 November 2007 and thus less likely to gain. DSP ML Technology.com (G) was holding 1.62 lakh units as on 31 October 2007, has sold its 38,395 shares to 1.24 lakh units in November 2007 and thus less likely to benefit.