All 3 Mutual Funds of Laxmi Capital Market Report Fall in NAV and Rise in Losses in Baisakh

Laxmi Equity Fund (LEMF), a closed-end 7 years equity-oriented mutual fund scheme managed by Laxmi Capital Market Limited, has reported a slight loss in NAV to Rs. 9.72 in Baisakh end from Rs. 10.03 in the month before that.

The scheme began with a fund size of Rs. 1.25 Arba has invested Rs. 75.09 crores in listed shares of different companies.

LEMF has invested Rs. 22.19 lakhs in public offerings and Rs. 5.41 crores in bonds/debentures. This mutual fund has Rs. 13.5 crores as fixed deposits and has Rs. 27.36 crores as a bank balance.

It has reported a net loss of Rs. 24.06 crores till Baisakh's end. In the month before that, the loss was Rs. 20.17 crores.

Announcement

Similarly, Laxmi Capital Market Limited has also published the financial report of Laxmi Unnati Kosh (LUK) for the month of Baisakh. The NAV for the month of Baisakh stands at Rs. 9.98. The NAV was Rs. 10.25 in the previous month.

This scheme began with a fund size of Rs. 65.2 Crores. The fund has invested Rs. 36.07 crores in listed shares and Rs. 11.64 lakhs in public issues. While the bank balance is Rs. 15.63 crores, the fund has invested Rs. 7 crores in fixed deposits. The fund also has Rs. 6.18 crores in debentures.

Laxmi Unnati Kosh has reported a net loss of Rs. 8.81 crores in the month of Baisakh. In the previous month, the net loss was Rs. 7.01 crores.

Announcement

The NAV report of “Shubha Laxmi Kosh” has also been unveiled. This is an open-ended fund and the funds' size is at Rs. 28.14 crores for the month of Baisakh.

The NAV is at Rs. 9.26 in Baisakh. The fund has invested Rs. 17.22 crores in listed shares and Rs. 488,276.89 in public issues, right shares, and bonus shares. The amount invested in bonds/debentures stands at Rs. 1.44 crores while the bank balance stands at Rs. 3.84 Crores.

The fund reports a net loss of Rs. 2.08 crores in Baisakh. In the previous month, the net loss was Rs. 93.09 lakhs.

Announcement