NAV of Sunrise First Mutual Fund for Poush stands at Rs 10.21; Reports net profit of Rs 1.77 crore

Wed, Jan 29, 2020 11:34 AM on Latest, Mutual Fund, Stock Market,
NAV of Sun...

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 Poush. Its NAV stands at Rs 10.21 as against Rs 10 for the month of Mangsir.

The fund began with Rs 1 arba and till Poush end, 2076 it has invested Rs 14.97 crore in listed shares. It has invested Rs 77.59 lakh in public issues, right issues and bonus shares and has Rs 5 crore in fixed depoists.

The bank balance of SFMF is Rs 59.62 crore. SFMF has reported net profit of Rs 1.77 crore which was a net profit of Rs 1.25 lakh in Mangsir.

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