NAV of Sanima Equity Fund rises slightly in Bhadra; Mutual Fund invests highest amount in Nepal Bank Limited

Sanima Equity Fund (SAEF), a 7 years close-end equity oriented mutual fund scheme managed by Sanima Capital Limited and sponsored by Sanima Bank Limited, has reported its NAV to be Rs 10.38 for the month of Bhadra, 2075 which was Rs 10.23 in the previous month.

The scheme which was launched with a total fund of Rs 1.30 arba, has total investments of Rs 37.69 crore in listed shares and Rs 1.87 crore in public issues, right shares and bonus shares as of Bhadra end.

SAEF reported a net profit of Rs 3.01 crore for the month of Bhadra while there was profit of Rs 1.03 crore in the previous month.

Out of its total investment in listed shares, Sanima Equity Fund has bought 196,341 units shares, the highest shares of Nepal Bank Limited and it is the highest investment of Rs 6.02 crore made by the mutual fund.

Also see: Mutual Funds and their latest NAVs