NAV of SIGS-1, SEOS & NIBSF-1 surges to Rs 30.81, Rs 16.91 & 15.60 respectively on Jestha end

Siddhartha Investment Growth Scheme-1 (SIGS1)—a closed-end 5 years mutual fund scheme managed by Siddhartha Capital Limited has reported growth in net asset value (NAV). As per the financial report published today, the mutual fund scheme’s NAV increased to Rs 30.81 at the end of Jestha from Rs 26.89 posted last month. The NAV of the fund is above the par value of Rs 10 per unit. The scheme, which began with a total fund of Rs 50 crore, has invested Rs 1.15 arba in listed shares, Rs 4.69 crore in public issues, rights shares and bonus shares. The scheme has invested in 1,121,989 unit shares of 79 listed companies. SIGS-1 reported a net profit of Rs 73.09 crore in the month of Jestha up from Rs 53.51 crore in the month of Baisakh. Profit rose by 36.58 percent in this month end. Out of its total investment in listed shares, Siddhartha Equity Oriented Scheme has bought 56,752 unit shares, the highest shares of Mega Bank Limited. Likewise, Siddhartha Equity Oriented Limited (SEOS) a closed-end 5 years mutual fund scheme managed by Siddhartha Capital Limited—has reported growth in net asset value (NAV). According to the financial report published today, the mutual fund scheme’s NAV surges to Rs 16.91 in the Jestha end from Rs 15.35 in Baisakh end. The scheme, which began with a total fund of Rs 100 crore, has invested Rs 1.07 arba in listed shares, Rs 6.62 crore in public issues, rights shares and bonus shares. The scheme has invested in 1,082,037 unit shares of 85 listed companies. SEOS reported net profit of Rs 69.09 crore for the month of Jestha up from Rs 53.53 crore in the month Baisakh. Profit surged by 29.08 percent in this month’s end. Out of its total investment in listed shares, SEOS has bought 50,360 unit shares, the highest shares of Nepal Doorsanchar Company Limited. Similarly, NIBL Samriddhi Fund-1 (NIBSF-1), a 7 years close-ended mutual fund scheme managed by NIBL Capital Market Limited, has reported slight increase in net asset value (NAV). The mutual fund scheme’s NAV surges to Rs. 15.60 in the Jestha end from Rs. 14.15 in Baisakh end. The scheme, which was launched with a total fund of Rs 100  crore, has invested Rs. 1.12 arba in listed shares of 85 listed companies, Rs 3.30 crore on bonds and debentures, Rs. 8.13 crore in public issues, rights shares and bonus shares and as of Jestha end. NIBSF-1 reported a net profit of Rs 56.17 crore for the month of Jestha up from Rs. 41.74 crore in last month. Its profit surged by 34.57 percent. Out of its total investment in listed shares, NIBL Sambriddhi Fund1 has bought 1, 564,000 unit shares, the highest shares of Siddhartha Investment Growth Scheme-1.