Siddhartha’s Growth Scheme still robust, Equity-Oriented Scheme rises slightly above par value

ShareSansar, February 27:

Net asset value (NAV) of Siddhartha Investment Growth Scheme-1, a 5-year close-ended scheme managed by Siddhartha Capital Limited, continues to be on the growth path.

The scheme’s NAV, already at an impressive Rs 17.73 at Poush end, jumped to Rs 18.69 at end of Magh.

The scheme was launched with a total fund of Rs 500 million. The scheme has invested Rs 82.57 billion in the listed shares of 56 companies.

Meanwhile, Siddhartha Equity-Oriented Scheme (SEOS), a 5 year close-ended mutual fund scheme, managed by Siddhartha Capital Limited, posted a net asset value (NAV) of Rs 10.09 for the month of Magh. The scheme’s NAV was below par value at Rs. 9.82 in Poush end.

The scheme, which was launched with a total fund of Rs 1000 million, has invested Rs 57.53 billion in listed shares and Rs 1.5 billion on bonds and debentures as of Magh end.

Till date the Siddhartha Investment Growth Scheme has invested in the shares of 54 listed companies.