Decline in NAV and Net Profit of Both Mutual Funds of Siddhartha Capital
Tue, May 25, 2021 11:41 AM on Latest, Mutual Fund,
Siddhartha Equity Fund (SEF), a closed-end 10 years mutual fund, managed by Siddhartha Capital Limited has reported a slight decline in its net asset value (NAV) for the month of Baisakh.
According to the financial report published today, the mutual fund scheme’s NAV stands at Rs. 16.75 as of Baisakh end, 2077 which was Rs. 16.99 on the previous month.
The scheme which began with a total fund of Rs.1.50 Arba has invested Rs. 1.61 Arba in the listed shares and Rs. 5.38 crores in public issues, right shares, and bonus shares. The scheme has Rs. 18 crores in fixed deposits and has invested Rs. 6.29 crore in bond and debenture.
This scheme has Rs. 61.56 crores in the bank balance. SEF has posted a net profit of Rs. 96.9 crores till the month of Baisakh. Last month, the profit was over Rs 1 Arba.
Siddhartha Investment Growth Scheme 2 (SIGS2), a closed-end 10 years mutual fund, managed by Siddhartha Capital Limited has also reported a slight decline in its net asset value (NAV) for the month of Baisakh.
According to the financial report published today, the mutual fund scheme’s NAV stood at Rs. 17.08 as of Baisakh end, 2077. It was at Rs. 17.37 in the previous month.
The scheme which began with a total fund of Rs.1.20 Arba has invested Rs. 1.32 Arba in the listed shares and Rs. 3.77 crores in public issues, right shares, and bonus shares. The scheme has Rs. 12 crores in fixed deposits and has invested Rs. 3.89 crores in bond and debenture. This scheme has Rs. 53.73 crores in the bank balance.
SIGS2 has posted a net profit of Rs. 78 crores for the month of Baisakh. The profit was Rs. 81.48 crores last month.
