Samunnat Scheme 1 managed by Global IME Capital reports NAV of Rs 9.27 for Poush, 2076; Net loss stands at Rs 13.91 crore

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

As per the financial report published today, the mutual fund scheme’s NAV has increased to Rs.9.27 till the end of Poush from Rs.8.24 in the last month.

The NAV of the fund is below the par value of Rs.10 per unit indicating the fund is in loss.

The scheme, which was launched with a total fund of Rs.1 Arba, has invested Rs.78.63 Crore in the shares of listed companies and Rs.7.68 Crore in non-listed shares as on Poush end. Similarly, it has invested Rs.2 Crore in debentures.

The fund has reported net loss of Rs.13.91 Crore till the month of Poush which is lower than the net loss of Rs 24.20 Crore till the month of Mangsir.

Announcement