Global IME Sammunat Scheme-1NAV rises up to Rs 10.41 on Jestha end; Invested Rs 7.56 crore in Standard Chartered Bank

Global IME Sammunat Scheme-1, a closed-ended 7 years mutual fund scheme managed by Global IME Capital Limited, has reported growth in net asset value (NAV). As per the financial report published today, the mutual fund scheme’s NAV rose to Rs. 10.41 in the Jestha end from Rs. 10.03 in Baisakh end. The NAV of the fund is above the par value of Rs 10 per unit. The scheme, which was launched with a total fund of Rs 100 crore, has invested Rs 44.47 crore in the shares of listed companies and Rs 1.90 crore in non- listed shares as on Jestha end. The scheme has invested 808, 087 kittas in 49 listed companies. The fund has reported massive net profit of Rs. 4.10 crore in the month of Jestha from the net profit of 28.96 lakh in the month of Baisakh. Out of its total investment in listed shares, Global IME Sammunat Fund has bought 3.21 lakh unit shares (Rs 35.57 lakh), the highest shares of Laxmi Value Fund. However, the fund has invested Rs 7.56 crore in Standard Chartered Bank Limited.