SEOS and SEF both funds reports slight increase in Chaitra NAV; SEOS start liquidating secondary shares due to maturity

Siddhartha Equity Oriented Scheme (SEOS), a closed end 5 years mutual fund scheme managed by Siddhartha Capital Limited, has reported a slight increase in its net assets value (NAV).

According to the financial report published today, the mutual fund scheme’s NAV stayed above its par value at Rs 10.81 as of Chaitra end, 2075 which was Rs 10.68 in the previous month.

The scheme which began with a total fund of Rs 100 Crore has invested Rs 30.92 crore in the listed shares which was Rs 39.29 crore last month and Rs 2.30 crore in the public issues, right shares and bonus shares. As the maturity date nears, this scheme has already started liquidating their secondary investment. The scheme has made its investment in 47 companies.

The scheme has invested  Rs 3.20 crore in bond/debenture and has Rs 63.55 crore in the bank balance.

SEOS has reported a net profit of Rs 4.65 crore till Chaitra end against net profit of Rs 3.42 crore till Falgun end.

Likewise, Siddhartha Equity Fund (SEF), a closed-end 10 years mutual fund, also managed by Siddhartha Capital Limited has reported a slight increase in its net asset value (NAV).

According to the financial report published today, the mutual fund scheme’s NAV stays at Rs 10.86 as of Chaitra end which was Rs 10.73 in the previous month.

The scheme which began with a total fund of Rs 1.50 Arba has invested Rs 69 crore in the listed shares and Rs 1.23 crore in the public issues, right shares and bonus shares. The scheme has Rs 15 crore in fixed deposits and has invested Rs 5.60 crore in bond and debenture.

This scheme has Rs 72 crore in bank balance.

SEF has posted a net profit of Rs. 10.18 crore till the month of Chaitra which was Rs 8.21 crore in the last month.