Sanima Equity Fund reports fall in NAV to Rs.11.03 in the month of Asadh; net profits fall to Rs.11.40 Crore

Tue, Jul 30, 2019 2:28 PM on Financial Analysis, 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 11.03 for the month of Asadh, 2076 which was Rs 11.15 in the previous month.

The scheme which was launched with a total fund of Rs 1.30 arba, has total investments of Rs 80.73 crore in listed shares and Rs 2.37 crore in public issues, right shares and bonus shares as of Asadh end. The scheme had previously invested Rs 73.14 Crore in listed shares, increasing by Rs 7.59 Crore.

SAEF has Rs 13 crore in fixed deposits which is 10% of total fund size and has Rs 44.13 crore in bank balance. This figure was at Rs 51.04 crore in the previous month.

SAEF reported a net profit of Rs 11.40 crore till the month of Asadh, 2076.

Out of its total investment in listed shares, Sanima Equity Fund has highest investment in 106,484 unit shares of Nabil Bank worth Rs 8.51 crore.