National Aluminium Company Stocks Likely To Benefit MF Scheme

Share prices of National Aluminium Company went up by 4.14% to Rs. 405.20 reported at BSE at 10.39 a.m. on 19 February 2008 against previous day close of Rs 389.10.

The rising share prices may have positive impact on NAV of mutual fund schemes, which holds their stake in the company. ABN AMRO China-India Fund (G) is likely to gain most as it has the highest percentage holding of the stocks of the company compared to its peer groups who have invested in the stocks of the company. ABN AMRO China-India Fund (G) was holding 2.34% of its total portfolio size invested in the stocks of the company as on 31 January 2008. The scheme holds 99550 units of the company in January 2008.

Other schemes, which likely to gain includes Sundaram BNP Paribas Select Focus - (G) with holding of 2.28 lakh units (1.40% of its portfolio), and Sundaram BNP Paribas India Leadership Fund - (G) with 56756 units holding (1.20%) as on 31 January 2008.