Global IME Samunnat Scheme 1 reports NAV of Rs 10.04 and net loss of Rs 6.17 crore; Fund managed by Global IME Capital

Global IME Samunnat Scheme-1 (GIMES1), a closed-ended 7 years mutual fund scheme managed by Global IME Capital Limited, has reported an increase in its Net Asset Value (NAV) till the end of Magh.

As per the financial report published today, the mutual fund scheme’s NAV has increased to Rs.10.04 till the end of Magh from Rs.9.27 in the last month.

The scheme, which was launched with a total fund of Rs.1 Arba, has invested Rs.69.64 Crore in the shares of listed companies and Rs.9.23 Crore in non-listed shares as on Magh end. Similarly, it has invested Rs.2.58 Crore in debentures.

The fund has reported net loss of Rs.6.17 Crore till the month of Magh which is lower than the net loss of Rs 13.91 Crore till the month of Poush.