Global IME Samunnat Scheme-1 NAV inches up to Rs 10.31 on Chaitra end

Global IME Sammunati Scheme-1 (GIMES1), a closed-end 7 years mutual fund scheme managed by Global IME Capital Limited, has reported growth a Rs 1.57 per unit in its Net Asset Value (NAV) in Chaitra 2073. As per the financial report published today, the mutual fund scheme’s NAV rose to Rs. 10.31 in the Chaitra end from Rs. 8.74 in Falgun 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 1 arba, has invested Rs. 54.09 crore in the shares of listed companies and Rs 14.46 crore in non- listed shares as on Chaitra end. The scheme has minimized its net loss to Rs. 1.52 crore in the month of Chaitra from loss of Rs 17.30 crore in the month of Falgun end. Out of its total investment in listed shares, Global IME Sammunati Fund has bought 12.37 lakh unit shares (Rs 12.37 crore), the highest shares of Nabil Balanced Fund -1. However, the fund has its highest investment of Rs 3.036 crore in Nabil Bank Limited Promoter Shares.