Birla Fund Nav Up

Birla Capital International AMC said on Wednesday said the net asset value (NAV) of its India Advantage Fund rose 50.1 per cent to $15.06 from its launch in August 1996. "The top four sectors represented in the portfolio are software, pharmaceuticals, consumer goods and banking, Birla Capital AMC said. The funds net asset value rose to $15.06 as on July 23, 1997 from $10 in August 1996, Birla said.