Sanima Large Cap Fund Publishes First NAV Report; Sanima Equity Fund Reports Rise in Net Profit

Fri, Feb 26, 2021 12:35 PM on Latest, Mutual Fund,

12,00,00,000 units of Sanima Large Cap Fund have already been listed in NEPSE. "Sanima Large Cap Fund" had recently allotted the mutual fund units to investors. The IPO for the mutual fund had opened for application from Magh 09. It is a mutual fund promoted by Sanima Bank and managed by Sanima Capital. 10 crore units worth Rs. 1 Arba were issued.

Since the IPO was oversubscribed, the fund managers have increased the total fund size to Rs. 1.2 Arba. "Sanima Large Cap Fund" is a close-ended fund, meaning it can be traded in NEPSE. Furthermore, the fund will mature 7 years after allotment.

The fund has invested Rs. 6.65 crores in the shares of listed companies and Rs. 1.09 lakhs in public issues, right shares, and bonus shares. It has Rs. 1 crore in debentures. The bank balance of the fund is Rs. 61.25 crores.

Since Magh was the fund's first month of investing, it is at a loss of Rs. 39.78 lakhs. The NAV of the fund stands at Rs. 9.97.

Announcement

Sanima Capital Limited has also published the financial report of the “Sanima Equity Fund” till Magh, 2077.

According to the report, Sanima Equity Fund's NAV has risen to Rs. 17.63 compared to the previous Rs. 16.36.

The fund has invested Rs. 1.62 Arba in listed shares and Rs. 18.08 crores in public issue, right shares, and bonus shares. This fund has put Rs. 19 crores in fixed deposits and invested Rs. 7.52 crores in bonds and debentures.

Meanwhile, Sanima Equity Fund has Rs. 22.64 crores balance in the bank. The fund saw a net profit of Rs. 90.26 crores for the month of Magh. The profit was Rs. 73.75 crores last month.

Click here for the monthly report.