Fall In NAV Amid Higher Loss in Mangsir In All 3 Mutual Fund Scheme of Siddhartha Capital
Tue, Dec 27, 2022 10:57 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 fall in its net asset value (NAV) for the month of Mangsir.
According to the financial report published, the mutual fund scheme’s NAV stands at Rs. 9.47 as of Mangsir end, 2079 which was Rs. 9.64 in the previous month.
The scheme which began with a total fund of Rs.1.50 Arba has invested Rs. 1.106 Arba in the listed shares and Rs. 2.09 crores in public issues, right shares, and bonus shares. The scheme has invested Rs. 6.54 crore in bond and debenture and Rs. 12.5 crores in FDs.
This scheme has Rs. 10.04 crores in the bank balance. SEF has posted a net loss of Rs. 8.27 Crores till the month of Mangsir. In the month before, the loss was Rs. 5.71 Crores.
Siddhartha Investment Growth Scheme 2 (SIGS2), a closed-end 10 years mutual fund, managed by Siddhartha Capital Limited has also reported net asset value (NAV) for the month of Mangsir.
According to the financial report published, the mutual fund scheme’s NAV stands at Rs. 9.53 as of Mangsir end, 2079 which was Rs. 9.61 in the previous month.
The scheme which began with a total fund of Rs. 1.20 Arba has invested Rs. 90.70 Crores in the listed shares and Rs. 1.6 crores in public issues, right shares, and bonus shares. The scheme has invested Rs. 2.64 crores in bond and debenture and Rs. 10.3 crores in FDs. This scheme has Rs. 9 crores in the bank balance.
SIGS2 has also posted a net loss of Rs. 5.84 crores for the month of Mangsir. The loss was Rs. 4.9 crores in the month before that.
Siddhartha Systematic Investment Scheme (SSIS) has also unveiled its NAV report. This is an open-end fund that can't be traded in NEPSE. The fund has no maturity period. SSIS has a fund size of Rs. 29.07 crores for the month of Mangsir.
The fund has reported a NAV of Rs. 7.85 in Mangsir. In the month before that, the NAV was Rs. 7.89.
The fund has invested Rs. 12.71 crores in listed shares and Rs. 18.22 lakhs in public issues. The fund has Rs. 4.15 crores in FDs and Rs. 53.01 lakhs in bond/ debentures. The fund has Rs. 5.27 crores in bank balance.
The fund saw a loss of Rs. 61.5 lakhs in the month of Mangsir. In the previous month, it was at a loss of Rs. 48.5 Lakhs.
