Mutual Funds of Sunrise Capital Report Fall in NAV and Net Profit in Ashar

Sunrise First Mutual Fund (SFMF), sponsored by Sunrise Bank and managed by Sunrise Capital, is a close-ended fund with a maturity of 10 years. The fund has published its monthly NAV report for the month of Ashar. Its NAV stands at Rs 19.21 as against Rs 19.58 during the previous month.

The fund began with Rs 1 Arba and till Ashar end, 2077 it has invested Rs 79.48 crore in listed shares and 15.07 crores in bonds and debentures. It has invested Rs 1.60 crores in public issues, rights issues, and bonus shares and has Rs 11 crore in fixed deposits.

The bank balance of SFMF is Rs 53.3 crore. SFMF has reported a net profit of Rs 76.81 crore in Ashar compared to a net profit of Rs 80 crores in the previous month.

Announcement

Sunrise Capital Limited has also published the NAV report of Sunrise Bluechip Fund.

The rookie mutual fund has invested Rs. 35.91 crores in listed shares, Rs. 9.59 crores in debentures, and Rs. 1.14 crores in public issue for the month of Ashar. The fund still has a whopping unutilized amount of over Rs. 67.21 crores in its bank balance. The fund has invested Rs. 10 crores in fixed deposits. The fund has a NAV of Rs. 10.06, compared to the NAV of Rs. 10.07 in the previous month.

The fund is at a profit of Rs. 68.93 lakhs in its fourth month of operation. In the third month, it was at a net profit of Rs. 93.26 lakhs.

Announcement