Sanima Equity Fund reports fall in NAV to Rs 9.88 for Falgun end; Mutual Fund bears net loss of Rs 1.61 crore

Sanima Equity Fund (SEFU), a 7 years close-end equity oriented mutual fund scheme managed by Sanima Capital Limited and Sanima Bank Limited, has reported its NAV to be Rs 9.88 for the month of Falgun, 2074 which was Rs 9.96 in the previous month. The scheme which was launched with a total fund of Rs 1.30 arba, has total investments of Rs 13.37 crore in listed shares and Rs 36.14 lakh in public issues, right shares and bonus shares as of Falgun end. SEFU reported a net loss of Rs 1.61crore for the month of Falgun which was Rs 53.21 lakh in the previous month.. Out of its total investment in listed shares, Sanima Equity Fund has bought, 25,839 units shares, the highest shares of Nepal Bank Limited. However, its highest investment was of Rs 2.40 crore in 19,000 shares of National Life Insurance Company Limited. Notice