Bombay Dyeing & Manufacturing Company Stocks Likely To Benefit MF Scheme

Share prices of Bombay Dyeing & Manufacturing Company went up by 2.10% to Rs. 958.05 reported at BSE at 10.11 a.m. on 14 January 2008 against previous day close of Rs. 938.35.

ABN Amro Sustainable Development 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. ABN AMRO Sustainable Development Fund (G) was holding 3.48% of its total portfolio size invested in the stocks of the company as on 31 December 2007. The scheme holds 24,068 units of the company in December 2007 compared to its peer groups who have invested in the stocks of the company.

It is followed by Birla Sun Life Long Term Advantage Fund - Sr.1 (G) with 1.67 lakh units (2.78% of its portfolio), Reliance Regular Savings Fund - Equity (G) with 1.50 lakh units holding (2.75%) as on December 2007.

Four mutual fund schemes have completely exited from Bombay Dyeing & Manufacturing Company in December 2007. Among them, the schemes like, HSBC Unique Opportunities Fund (G) was holding 1.61 lakh units on 30 November 2007, has sold all its shares as on 31 December 2007 and thus less likely to gain. Birla Midcap Fund (G) was holding 62738 units on 30 November 2007, has sold all its shares as on 31 December 2007 and thus less likely to benefit.