Fri, Dec 28, 2018 8:11 AM
Laxmi Value Fund-1 (LVF1), a close end 5 years mutual fund scheme managed by Laxmi Capital Market Limited, has reported Rs 10.53 NAV for the month of Mangsir while it was Rs 10.80 for the previous month.
The scheme, which began with a fund size of Rs 50 crore, has invested Rs 29.82 crore in the shares of 34 listed companies.
Out of its total investment in listed shares, Laxmi Value Fund-1 has bought 40,319 units of shares of Promoter shares of the Nabil Bank Limited worth Rs 2.81 crore.
Mutual fund has set aside Rs 5 crore as fixed deposit and Rs 17.38 crore as bank balance. It has reported net loss of Rs 11.65 crore which was Rs 10.29 crore in the last month.
Similarly, Laxmi Equity Fund (LEMF), a close-end 7 years equity oriented mutual fund scheme also managed by Laxmi Capital Market Limited, has reported Rs 8.27 as its NAV for the month of Mangsir which has decreased from Rs 8.66 in the previous month.
The scheme, which began with a fund size of Rs 1.25 arba has invested Rs 68.57 crore in listed shares of 61 different companies.
The scheme has invested in 14.96 lakh unit shares of 62 listed companies as of Mangsir end.
Out of its total investment in listed shares, Laxmi Equity Fund has bought 1,32,859 units of shares of NMB Bank Limited (NMB) worth Rs 4.91 crore.
It has reported net loss of Rs 26.55 crore which was Rs 21.71 crore in the previous month.
Also See: Mutual Funds and their latest NAVs