NAV of Siddhartha Investment Growth Scheme-1 inches up; undervalued in market
Sun, Dec 28, 2014 12:00 AM on Mutual Fund, Others,
ShareSansar, December 28:
The net asset value (NAV) of Siddhartha Investment Growth Scheme-1 (SIGS1)— a closed-end 5 years mutual fund scheme managed by Siddhartha Capital Limited—has inched up to Rs 17.18 in the Mangsir-end from Rs 16.31 in Kartik end.
The scheme, which began with a total fund of Rs 50 crore, is, however, undervalued in the bourse. The scrip was last traded at Rs 14.60 at Nepal Stock Exchange (Nepse) as on December 28.
