Global IME Sammunati Scheme-1NAV inches up to Rs 10.03 on Baisakh end; profit growth of Rs 28.96 lakh

Global IME Sammunati 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. 10.03 in the Baisakh end from Rs. 9.96 in Chaitra 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 80 crore, has invested Rs. 34.36 crore in the shares of listed companies and Rs 1.68 crore in non- listed shares as on Baisakh end. The scheme has invested 413,320 kittas in 40 listed companies. The fund has reported net profit of Rs. 28.96 lakh in the month of Baisakh from the net loss of Rs 40.10 lakh in the month of Chaitra. Out of its total investment in listed shares, Global IME Sammunati Fund has bought 1 lakh unit shares (Rs 11.30 lakh), the highest shares of Siddhartha Equity Oriented Sheme. However, the fund has invested Rs 3.05 crore in Chilime Hydropower Company Limited.