Global IME Sammunat Scheme-1 NAV declines to Rs 9.38 in Magh end; reports loss of Rs 95.78 lakh

Global IME Sammunat Scheme-1 (GIMES1), a closed-end 7 years mutual fund scheme managed by Global IME Capital Limited, has reported slight fall in its Net Asset Value (NAV). As per the financial report published today, the mutual fund scheme’s NAV declined to Rs. 9.38 in Magh end from Rs 9.64 in Poush end. The NAV of the fund is below the par value of Rs 10 per unit. The scheme, which was launched with a total fund of Rs 1 arba, has invested Rs. 60.81 crore in the shares of listed companies and Rs 5.99 crore in non-listed shares as on Magh end. The scheme has invested in 2,358,225 kittas in 91 listed companies. The fund has reported net loss of Rs 95.78 lakh in the month of Magh decreasing from the net profit of Rs 1.67 crore in the month of Poush. Out of its total investment in listed shares, Global IME Sammunati Fund has its highest investments in Nabil Bank Promoter Shares worth Rs 3.96 crore. See the NAV Report here