Meager rise in NAV of Laxmi Value & Equity Fund to Rs 11.81 & Rs 9.95; Sanima Bank highly bought by both mutual fund

Laxmi Value Fund-1 (LVF1), a closed-end 5 years mutual fund scheme managed by Laxmi Capital Market Limited, has reported Rs 0.33 per unit hike in its Net Asset Value (NAV) in Ashwin 2074. Its NAV has hike to Rs 11.81 in Ashwin end from Rs 11.48 in the month of Bhadra. The scheme, which began with a fund size of Rs 50 crore, has invested Rs 36.78 crore in the shares of listed companies and Rs 1.67 lakh in public issues. The scheme has invested in 4.92 lakh kitta shares of 40 listed companies as of Ashwin 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 11.87 crore left as bank balance. It has reported net profit of Rs 9.23 lakh in the month of Ashwin, 2074. See Announcement Published in Newspaper: 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 0.11 per unit increase in its Net Asset Value (NAV) in Ashwin, 2074. Its NAV has increased to Rs 9.95 in Ashwin end from Rs 9.84 in the month of Bhadra, 2074. The scheme, which began with a fund size of Rs 1.25 arba, has invested Rs 55.54 crore in the shares of listed companies and Rs 4.18 lakh in public issues. The scheme has invested in 7.60 lakh kitta shares of 48 listed companies as of Ashwin end, 2074. Out of its total investment in listed shares, Laxmi Equity Fund has bought 46,969 shares, the highest of Sanima Bank Limited (SANIMA). It has set aside Rs 25 crore in fixed deposit account while it has Rs 39.56 crore left as bank balance. It has reported net loss of Rs 38.59 lakh in the month of Ashwin, 2074. See Announcement Published in Newspaper: