Rise in NAV and Net Profit in Falgun for Global IME Samunnat Scheme-1 (GIMES1)

Global IME Samunnat Scheme-1 (GIMES1), a closed-ended 7 years mutual fund scheme managed by Global IME Capital Limited, has reported a rise in its Net Asset Value (NAV) till the end of Falgun.

As per the financial report published today, the mutual fund scheme’s NAV has increased to Rs. 19.27 till the end of Falgun from Rs. 18.24 in the last month.

The scheme, which was launched with a total fund of Rs. 1 Arba, has invested Rs. 1.68 Arba in the shares of listed companies. It has invested Rs. 9.13 crores in non-listed shares as of Falgun's end. Similarly, it has invested Rs. 6.81 crores in debentures.

The fund has reported a net profit of Rs. 82.64 crores till the month of Falgun. Last month, the fund saw a net profit of Rs 72.3 crores.

Click here for the monthly report.