Global IME Sammunat Scheme-1 NAV surges to Rs 9.99 in Mangsir end; highest investment in National Life Insurance

Global IME Sammunat Scheme-1 (GIMES1), a closed-end 7 years mutual fund scheme managed by Global IME Capital Limited, has reported slight rise in its Net Asset Value (NAV). As per the financial report published today, the mutual fund scheme’s NAV rose to Rs. 9.99 in Mangsir end from Rs 9.90 on Kartik 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 80 crore, has invested Rs. 64.90 crore in the shares of listed companies and Rs 5.79 crore in non-listed shares as on Mangsir end. The scheme has invested in 14,75,279 kittas in 86 listed companies. The fund has reported net profit of Rs 6.26 crore in the month of Mangsir up from Rs 5.16 crore in the month of Kartik. Out of its total investment in listed shares, Global IME Sammunati Fund has its highest investments in 24,329 unit shares of National Life Insurance Company Limited (Rs 4.08 crore), followed by Himalayan Bank Limited (Rs 3.87 crore) and Nabil Bank Promoter Shares (Rs 3.13 crore).