Laxmi Value Fund-1 NAV rises to Rs. 11.60 on Poush end; Highest shares of Siddhartha Bank

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. 11.60 in the Poush end from Rs.11.02 in the month of Mangsir. The scheme, which began with a fund size of Rs 50 crore, has invested Rs. 25.97 crore in the shares of listed companies and Rs 1.29 crore in public issues. The scheme has invested in 331,020 kittas of 48 listed companies. LVF-1 net profit rises to Rs. 7.72 crore in Poush from Rs. 4.82 crore in last month. Out of its total investment in listed shares, Laxmi Value Fund has bought 40,264 unit shares, the highest, of Siddhartha Bank Limited.