Improvement in NAV of SEOS, SIGS-1, LVF-1 &NBF-1 for the month of Magh; NAV at Rs 13.47, Rs 23.02, Rs 12.41 & Rs 19.75 respectively

Siddhartha Equity Oriented Scheme (SEOS) a closed-end 5 years mutual fund scheme managed by Siddhartha Capital Limited—has reported increase in net asset value (NAV). According to the financial report published today, the mutual fund scheme’s NAV rises to Rs 13.47 in the Magh end from Rs 12.64 in Poush end. The NAV of the fund is above the par value of Rs 10 per unit. The scheme, which began with a total fund of Rs 50 crore, has invested Rs 77.44 crore in listed shares, Rs 16.12 crore in public issues, rights shares and bonus shares. The scheme has invested in 1,012,352 kittas of 83 listed companies. SEOS reported net profit of Rs. 34.70 crore for the month of Magh from Rs 26.36 crore in the Poush end. Out of its total investment in listed shares, Siddhartha Equity Oriented Scheme (SEOS) has bought 60,360 unit shares, the highest shares of Nepal Doorsanchar Company Limited. Likewise, Siddhartha Investment Growth Scheme-1 (SIGS1)— a closed-end 5 years mutual fund scheme managed by Siddhartha Capital Limited—has reported increment  in net asset value (NAV). The mutual fund scheme’s NAV surges to Rs 23.02 at the end of Magh from Rs 21.56 posted last month. The NAV of the fund is above the par value of Rs 10 per unit. The scheme, which began with a total fund of Rs100 crore, has invested Rs 81.82 crore in listed shares, Rs 15.06 crore in public issues, rights shares and bonus shares. The scheme has invested in 1,055,087 kittas of 69 listed companies. SIGS-1 reported a net profit of Rs 34.12 crore up from Rs 26.84 crore in the month of Poush. Out of its total investment in listed shares, Siddhartha Investment Growth Scheme-1 has bought 56,138 unit shares, the highest shares of Mega Bank Limited. Also, Laxmi Value Fund-1 (LVF-1), a closed-ended 5 years mutual fund scheme managed by Laxmi Capital Market Limited, has reported slight growth in Net Asset Value (NAV). Its NAV has increased to Rs.12.14 in the Magh end from Rs. 11.60 in the month of Poush. The scheme, which began with a fund size of Rs 50 crore, has invested Rs. 27.48 crore in the shares of listed companies and Rs 1.03 crore in public issues. The scheme has invested in 323,174 kittas of 50 listed companies. LVF-1 net profit rises to Rs. 10.43 crore in Magh from Rs. 7.72 crore in last month. Out of its total investment in listed shares, Laxmi Value Fund has bought 40,264 unit shares, the highest shares of Siddhartha Bank Limited. Similarly, Nabil Balanced Fund-1 (NBF-1), a close-ended five years mutual fund scheme managed by Nabil Investment Banking Limited has posted growth in its net asset value (NAV). According to the financial report published today, the mutual fund scheme’s NAV inches up to Rs 19.75 at the end of  Magh, 2072 from Rs 18.65 posted last month. The NAV of the fund is above the par value of Rs 10 per unit. The scheme, which began with a total fund of Rs 75 crore, has invested Rs 1.003 arba in the 74 listed companies’ shares, Rs 11.44  crore in debentures, and Rs 19.21 crore in non-listed shares. The fund reported a net profit of Rs 39.58 crore in the month of Magh up from Rs 31.31 crore last month. Out of its total investment in listed shares, Nabil Balanced Fund-1 has bought 34,225 unit shares, the highest shares of Siddhartha Bank Limited.