Sanima Equity Fund NAV falls to Rs.10.92 by the end of Shrawan; posts net loss of Rs.1.43 Crore
Tue, Aug 27, 2019 1:07 PM on Latest, Mutual Fund,
Sanima Equity Fund (SAEF), a 7 years closed-end equity oriented mutual fund scheme managed by Sanima Capital Limited and sponsored by Sanima Bank Limited, has reported its NAV of Rs.10.92 for the month of Shrawan, 2076 which was Rs.11.03 in the previous month.
The scheme which was launched with a total fund of Rs.1.30 Arba, has total investments of Rs.82.32 Crore in listed shares and Rs.1.92 Crore in public issues, right shares and bonus shares as of Shrawan end. The scheme had previously invested Rs.80.76 Crore in listed shares, increasing by Rs.1.56 Crore.
SAEF has Rs.13 Crore in fixed deposits which is 10% of total fund size and has Rs.40.07 Crore in bank balance. This figure was at Rs.44.13 Crore in the previous month.
SAEF reported a net loss of Rs.1.43 Crore till the month of Shrawan, 2076. The scheme had posted a profit of Rs.11.40 Crore till the end of the previous month.
Out of its total investment in listed shares, Sanima Equity Fund has highest investment in 106,384 unit shares of Nabil Bank worth Rs.8.34 Crore.
