Improvement in NAV of Siddhartha Equity Oriented Scheme, Siddhartha Investment Growth Scheme-1 & NIBL Samriddhi Fund-1

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 rose to Rs 12.64 in the Poush end from Rs 11.25 in Mangsir 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 83.58 crore in listed shares, Rs 13.47 crore in public issues, rights shares and bonus shares. The scheme has invested in 1,143,915 kittas of 81listed companies. SEOS has reported net profit rise of Rs 26.36 crore for the month of Poush from Rs 12,48 crore in the month Mangsir. Out of its total investment in listed shares, Siddhartha Investment Growth Scheme-1 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 growth in net asset value (NAV). The mutual fund scheme’s NAV decreased to Rs 21.56 at the end of Poush from Rs 18.99 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 100 crore, has invested Rs 86.83 crore in listed shares, Rs 11.30 crore in public issues, rights shares and bonus shares. The scheme has invested in 11,77,026 kittas of 69 listed companies. SIGS-1 reported a net profit of Rs 26.84 crore up from Rs 14 crore in the month of Mangsir. Out of its total investment in listed shares, Siddhartha Equity Oriented Scheme has bought 56,138 unit shares, the highest shares of Mega Bank Limited. NIBL Samriddhi Fund-1(NIBSF1), a 7 years close-ended mutual fund scheme managed by NIBL Capital Market Limited, has reported slight improvement in Net Asset Value (NAV). Its NAV has increased to Rs. 11.92 in the Poush end from Rs.10.83 in the month of Mangsir. The scheme, which was launched with a total fund of Rs 100 crore, has invested Rs 76.20 crore in listed shares of 72 listed companies and Rs 3.30 crore on bonds or debentures and Rs 10.64 crore in public isssues, right and bonus share as of Poush end. NIBSF1 net profit rises to Rs. 19.47 crore in Poush up from Rs. 8.54 crore in last month. Out of its total investment in listed shares, NIBL Samriddhi Fund -1 has bought 42,437 unit shares, the highest, of Bank of Kathmandu limited (BOK).