All 3 Mutual Funds of Laxmi Capital Market Reports Rise in NAV and Fall in Losses in Poush
Fri, Jan 27, 2023 11:31 AM on Latest, Mutual Fund,
Laxmi Equity Fund (LEMF), a closed-end 7 years equity-oriented mutual fund scheme managed by Laxmi Capital Market Limited, has reported a decline in NAV to Rs. 10.45 from Rs. 9.42 in the month of Poush.
The scheme began with a fund size of Rs. 1.25 Arba has invested Rs. 83.13 crores in listed shares of different companies.
LEMF has invested Rs. 4.75 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. 28.05 crores as a bank balance.
It has reported a net loss of Rs. 14.86 crores till Poush's end. In the month before that, the loss was Rs. 27.81 crores.
Similarly, Laxmi Capital Market Limited has also published the financial report of Laxmi Unnati Kosh (LUK) for the month of Poush. The NAV for the month of Poush stands at Rs. 10.63. The NAV was Rs. 9.71 in the previous month.
This scheme began with a fund size of Rs. 65.2 Crores. The fund has invested Rs. 38.51 crores in listed shares and Rs. 1.02 crore in public issues. While the bank balance is Rs. 15.9 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. 4.55 crores in the month of Poush. In the previous month, the net loss was Rs. 10.6 crores.
The NAV report of “Shubha Laxmi Kosh” has also been unveiled. This is an open-ended fund, meaning it won't be traded in NEPSE. The fund has no maturity period, and the fund manager can add to the size of the mutual fund whenever needed. The funds' size is at Rs. 27.44 crores for the month of Poush.
The NAV has risen to Rs. 10.27 in Poush which was Rs. 9.95 in the previous month. The fund has invested Rs. 11.67 crores in listed shares and Rs. 93,722.56 in public issues, right shares, and bonus shares. The amount invested in bonds/debentures stands at Rs. 25 lakhs while the bank balance stands at Rs. 11.80 Crores.
The fund reports a net profit of Rs. 73.17 lakhs in Poush. In the previous month, the net loss was Rs. 12.32 lakhs.