Improvement in NAV of SEOS & SIGS1; NAV inches up to Rs 16.02 & Rs 28.54 respectively

Siddhartha Equity Oriented Limited (SEOS) and Siddhartha Investment Growth Scheme-1 (SIGS1)—closed-end 5 years mutual fund schemes managed by Siddhartha Capital Limited—have reported increase in their Net Asset Values (NAV). According to the financial report published today, Siddhartha Equity Oriented Scheme’s NAV inclined to Rs 16.025 in Chaitra end from Rs 13.503 in Falgun end. The scheme, which began with a total fund of Rs 1 arba, has invested Rs 92.63 crore in listed shares, Rs 10.21 crore in public issues, rights shares and bonus shares. The scheme has invested in 40,83,535 unit shares of 92 listed companies. SEOS has minimized its net loss to Rs 8.12 crore for the month of Chaitra from loss of Rs 33.33 crore in the month Falgun. Out of its total investment in listed shares, SEOS has bought 2,970,000 unit shares, the highest shares of NMB Sulav Investment Fund-1. The last traded price (LTP) of SEOS stood at Rs 12.74 as on Baisakh 14, 2074. Likewise, Siddhartha Investment Growth Scheme’s NAV has inched up to Rs 28.543 at the end of Chaitra from Rs 23.484 posted in 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 50 crore, has investment of Rs 87.53 crore in listed shares and Rs 10 crore in public issues, rights shares and bonus shares. The scheme has invested in 10,02,285 unit shares of 85 listed companies. SIGS-1 has depreciated its net loss to Rs 9.04 crore in the month of Chaitra compared to net loss of Rs 34.34 crore in the month of Falgun. Out of its total investment in listed shares, Siddhartha Investment Growth Scheme-1 has bought 46,287 unit shares, the highest shares of Hydroelectricity Investment and Development Company Limited (HIDCL). The last traded price (LTP) of SIGS1 stood at Rs 26.20 as on Baisakh 14, 2074.