Laxmi Value Fund-1 NAV falls to Rs 9.90

ShareSansar, May 29:

The net asset value (NAV) of Laxmi Value Fund-1, a closed-ended 5 years mutual fund scheme managed by Laxmi Capital Market Limited, has slightly dropped to Rs 9.90 at Baishakh end from Rs 9.92 reported in Chait end.

The scheme, which began with a fund size of Rs 50 crore, has invested Rs 10.92 crore in the shares of listed companies and Rs 12.85 lakh in public issues. The scheme has invested in 1,11,787 kittas of 22 listed companies.

The fund reported a net loss of Rs 48.11 lakh for the month of Baishakh.