SEOS NAV drops to Rs 9.83; SIGS-1 falls to Rs 17.93

ShareSansar, May 8:

Siddhartha Equity Oriented Scheme (SEOS), a closed-end 5 years mutual fund scheme has posted a slight fall in its net asset value (NAV). The mutual fund is managed by Siddhartha Capital Limited, reported a drop of net asset value (NAV) of Rs 9.83 at the end of Chait from Rs 9.99 posted last month.

According to the financial report published on May 8, the scheme, which began with a total fund of Rs 100 crore, invested Rs 62.50 crore in listed shares, Rs 2.62 crore in public issues, right share and bonus share. Also Rs 2 crore on bonds and debentures as of Chait end.

Till date the Siddhartha Equity Oriented Scheme has invested Rs 62.50 crore in the shares of 58 listed companies.

Similarly, Siddhartha Investment Growth Scheme -1 (SIGS-1), a closed-end five years mutual fund scheme managed by Siddhartha Capital Limited, has also reported a fall in its net asset value (NAV) for the month of  Chait as compared to the last month. SIGS-1 NAV of Rs 17.93 in end of Chait from Rs 18.50 posted last month.

According to a monthly statement published by the mutual fund today,the scheme, which began with a total fund of Rs 50 crore, invested Rs 83.31 crore in the listed shares, Rs 3.62 crore in public issues, right share and bonus share.

The mutual fund has made invested Rs 83.31crore in the shares of 57 listed companies’ shares.