Both Mutual Fund Schemes of Sunrise Capital Reports Rise in NAV and Fall in Losses in Mangsir
Fri, Dec 30, 2022 10:00 AM on Latest, Mutual Fund,
Sunrise First Mutual Fund (SFMF) is a closed-end fund with a maturity of 10 years. The fund has published its monthly NAV report for the month of Mangsir. Its NAV stands at Rs. 11.39 as against Rs. 11.37 during the previous month.
The fund began with Rs. 86 crores and till Mangsir’s end, 2079 it has invested Rs 58.61 crore in listed shares and 18.07 crores in bonds and debentures. It has invested Rs. 91.48 lakhs in public issues, rights issues, and bonus shares and has Rs. 10 crores in fixed deposits.
The bank balance of SFMF is Rs. 9.7 crores. SFMF has reported a net loss of Rs. 1.66 Crores in Mangsir compared to a net loss of Rs. 1.86 Crores in the previous month.
Sunrise Capital Limited has also published the NAV report of Sunrise Bluechip Fund (SBCF). The issue began with a fund size of Rs. 1.25 Arba.
The fund has a NAV of Rs. 8.78 compared to the NAV of Rs. 8.70 in the previous month.
The fund has invested Rs. 65.88 crores in listed shares, Rs. 13.04 crores in debentures, and Rs. 2.14 crores in public issue for the month of Mangsir. The fund has Rs. 18.4 crores in its bank balance. The fund has invested Rs. 10 crores in fixed deposits.
The fund was at a loss of Rs. 52.81 Lakhs in Mangsir. In the previous month, it was at a net loss of Rs 1.58 Crores.
