NAV of Sunrise First Mutual Fund (SFMF) and Sanima Equity Fund (SAEF) rises for Shrawan, Profit Declines

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 Shrawan. Its NAV stands at Rs 11.20 as against Rs 10.98 for the month of Ashad.

The fund began with Rs 1 Arba and till Shrawan end, 2077 it has invested Rs 42.4 crore in listed shares. It has invested Rs 58.82 lakhs in public issues, rights issues, and bonus shares and has Rs 11.6 crore in fixed deposits.

The bank balance of SFMF is Rs 29.41 crore. SFMF has reported a net profit of Rs 1.9 crore which was a net profit of Rs 8.28 crore in Ashad.

Announcement

Similarly, Sanima Capital Limited has also published the financial report of the “Sanima Equity Fund” till Shrawan, 2077.

According to the report, Sanima Equity Fund's NAV has risen to Rs. 11.71 compared to the previous Rs. 11.39 for the month of Ashad. 

The fund has invested Rs. 1.06 Arba in listed shares and Rs. 3.14 crores in public issue, right shares, and bonus shares. This fund has put Rs. 13 crores in fixed deposits and invested Rs. 7.52 crores in bonds and debentures. 

Meanwhile, Sanima Equity Fund has Rs. 20.86 crores balance in the bank. The fund saw a net profit of Rs. 4.25 crores for the month of Shrawan. 

Announcement