SEOS and SIGS-1 Net Asset Value declines to Rs. 14.33 and Rs. 24.77 respectively on Poush end

Siddhartha Equity Oriented Scheme (SEOS), a close ended 5 years mutual fund scheme managed by Siddhartha Capital Limited, has reported decrease in Net Asset Value (NAV). According to the financial report published, the mutual fund scheme’s NAV declined to Rs 14.33 as of Poush end from Rs 14.47 as on Mangsir end. The scheme, which began with a total fund of Rs 100 crore, has invested Rs 75.99 crores in listed shares, and Rs 11.54 crore in public issues, rights shares and bonus shares. The scheme has invested in 92 listed companies. SEOS reported net loss of Rs 25.06 crore in the month of Poush from loss of 23.67 crore in the month of Mangsir. Out of its total investment in listed shares, SEOS has bought 99,427 unit shares, the highest shares of Hydroelectricity Investment & Development Company Limited. Siddhartha Investment Growth Scheme-1 (SIGS1), a closed ended 5 years mutual fund scheme managed by Siddhartha Capiital Limited has also reported decrease in Net Asset Value (NAV). As per the financial report published by the company, the mutual fund scheme’s NAV lowered to Rs 24.77 at the end of Magh from Rs 25.37 posted in Mangsir. The NAV of the fund is above the par value of Rs 10 per unit. The scheme, which began with a total fund of Rs 50 crore, has invested Rs 72.90 crores in listed shares, and Rs 11.55 crores in public issues, rights shares and bonus shares. The scheme has invested in 84 listed companies. SIGS-1 reported a net loss of Rs 27.89 crore in the month of Poush compared to the net loss of 24.90 crore in the month of Mangsir. Out of its total investment in listed shares, Siddhartha Investment Growth Scheme has bought 48,387 unit shares, the highest shares of Hydroelectricity Investment & Development Company Limited (HIDCL).