Laxmi Value Fund-1 reports NAV of Rs 13.69 as on Ashwin end; Highest Investment in NTC

Laxmi Value Fund-1 (LVF-1), a closed-ended 5 years mutual fund scheme managed by Laxmi Capital Market Limited, has reported negligible growth in Net Asset Value (NAV). As per the monthly financial report published by the fund today, its NAV has risen to Rs 13.69 in the month of Ashwin from Rs 13.61 in the month of Bhadra. The scheme, which began with a fund size of Rs 50 crore, has invested Rs. 40.41 crore in the shares of listed companies and Rs 27.81 lakhs in public issues. The scheme has invested in 2, 93,920 unit shares in 48 listed companies. LVF-1 net profit inclined to Rs. 13.35 crore in Ashwin end from Rs. 12.97 crore in last month. Its profit surged by 2.90 percent. Out of its total investment in listed shares, Laxmi Value Fund has bought 29,640 unit shares, the highest share of Nepal Doorsanchar Company Limited (NTC).