Global IME Samunnat Scheme 1 reports NAV of Rs 11.96 and net profit of Rs 5.55 crore; Fund managed by Global IME Capital

Thu, Oct 1, 2020 10:16 AM on Latest, Mutual Fund,

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 Bhadra.

As per the financial report published today, the mutual fund scheme’s NAV has increased to Rs. 11.96 till the end of Bhadra from Rs. 10.64 in the last month.

The scheme, which was launched with a total fund of Rs. 1 Arba, has invested Rs. 1.08 Arba in the shares of listed companies. Last month, it had invested Rs. 89.14 crores. It has invested Rs. 3.30 crores in non-listed shares as of Bhadra end. Similarly, it has invested Rs. 6.62 crores in debentures.

The fund has reported a net profit of Rs. 5.55 crores till the month of Bhadra. Last month, the fund saw a net loss of Rs 7.72 crores.

Click here for the monthly report.