SEOS and SIGS-1 Net Asset Value declines to Rs. 15.91 and Rs. 25.37 on Mangsir end, loss of Rs. 23.67 and Rs. 24.9 crores respectively

Siddhartha Equity Oriented Limited (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 today, the mutual fund scheme’s NAV declined to Rs 14.47 as of Mangsir end from Rs 15.91as on Kartik end. The scheme, which began with a total fund of Rs 100 crore, has invested Rs 83.73 crores in listed shares, and Rs 7.22 crore in public issues, rights shares and bonus shares. The scheme has invested in 94 listed companies. SEOS reported net loss of Rs 23.67 crore in the month of Mangsir from loss of Rs 9.31 crore in Kartik. 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 Capital Limited has also reported decrease in Net Asset Value (NAV). As per the financial report published today, the mutual fund scheme’s NAV depreciated to Rs 25.37 at the end of Mangsir from Rs 28.41 posted in Kartik. 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 83 crores in listed shares, and Rs 6.64 crores in public issues, rights shares and bonus shares. The scheme has invested in 86 listed companies. SIGS-1 reported a net loss of Rs 24.90 crore in the month of Mangsir compared to the net loss of Rs 9.67 crore in the month of Ashwin. 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).