Rise in NAV and Net Profit of Sunrise First Mutual Fund (SFMF) in Kartik

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 Kartik. Its NAV stands at Rs 11.82 as against Rs 11.23 during the previous month of Ashwin.

The fund began with Rs 1 Arba and till Kartik's end, 2077 it has invested Rs 57.1 crore in listed shares. It has invested Rs 18.45 lakhs in public issues, rights issues, and bonus shares and has Rs 10.6 crore in fixed deposits.

The bank balance of SFMF is Rs 21.26 crore. SFMF has reported a net profit of Rs 13.31 crore compared to a net profit of Rs 8.19 crores in Ashwin.

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