Laxmi Value Fund & Laxmi Equity Fund reported net loss of Rs 66.75 lakh & Rs 3.28 crore respectively; NAV at Rs 11.65 & Rs 9.72

Laxmi Value Fund-1 (LVF1), a closed-end 5 years mutual fund scheme managed by Laxmi Capital Market Limited, has reported Rs 0.12 per unit rise in its Net Asset Value (NAV) in Mangsir 2074. Its NAV has rise to Rs 11.65 in Mangsir end from Rs 11.53 in the month of Kartik. The scheme, which began with a fund size of Rs 50 crore, has invested Rs 36.66 crore in the shares of 37 listed companies and Rs 3.71 lakh in public issues. The scheme has invested in 5.06 lakh kitta shares of 37 listed companies as of Mnagsir 2074 end. Out of its total investment in listed shares, Laxmi Value Fund-1 has bought 48,385 shares, the highest of Sanima Bank Limited (SANIMA). It has set aside Rs 9 crore in fixed deposit account while it has Rs 10.37 crore left as bank balance. It has reported net loss of Rs 66.75 lakh in the month of Mangsir, 2074. Similarly, Laxmi Equity Fund (LEMF), a closed-end 7 years equity oriented mutual fund scheme also managed by Laxmi Capital Market Limited, has reported Rs 0.10 per unit increase in its Net Asset Value (NAV) in Mangsir, 2074. Its NAV has incresed to Rs 9.72 in Mangsir end from Rs 9.62 in the month of Kartik, 2074. The scheme, which began with a fund size of Rs 1.25 arba, has invested Rs 63.06 crore in the shares of listed companies and Rs 9.29 lakh in public issues. The scheme has invested in 8.56 lakh kitta shares of 50 listed companies as of Mangsir end, 2074. Out of its total investment in listed shares, Laxmi Equity Fund has bought 48,812 shares, the highest of Machapuchchhre Bank Limited (MBL). It has set aside Rs 25 crore in fixed deposit account while it has Rs 28.85 crore left as bank balance. It has reported net loss of Rs 3.28 crore in the month of Mangsir, 2074.