SEOS & SIGS1 NAV drop to Rs 11.25 &Rs 18.99 respectively

Siddhartha Equity Oriented Scheme (SEOS)a closed-end 5 years mutual fund scheme managed by Siddhartha Capital Limited—has reported slight decline in net asset value (NAV). According to the financial report published today, the mutual fund scheme’s NAV dropped to Rs 11.25 in the Mangsir end from Rs 11.26 in Kartik end. 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 78.37 crore in listed shares, Rs 7.74 crore in public issues, rights shares and bonus shares. The scheme has invested in 1,130,755 kittas of 79 listed companies. SEOS reported net profit of Rs 12.48 crore for the month of Mangsir from Rs 12.63 crore in the month Kartik. Out of its total investment in listed shares, Siddhartha Investment Growth Scheme-1 has bought 60,360 unit shares, the highest shares of Nepal Doorsanchar Company Limited.   Likewise, Siddhartha Investment Growth Scheme-1 (SIGS1)— a closed-end 5 years mutual fund scheme managed by Siddhartha Capital Limited—has reported slight fall in net asset value (NAV). The mutual fund scheme’s NAV decreased to Rs 18.99 at the end of Mangsir from Rs 19.15 posted last month. The NAV of the fund is above the par value of Rs 10 per unit. The scheme, which began with a total fund of Rs100 crore, has invested Rs 83.52 crore in listed shares, Rs 5.41 crore in public issues, rights shares and bonus shares. The scheme has invested in 11, 90,384kittas of 69 listed companies. SIGS-1 reported a net profit of Rs 14 crore down from Rs 14.50 crore in the month of Kartik. Out of its total investment in listed shares, Siddhartha Equity Oriented Scheme has bought 56,138 unit shares, the highest shares of Mega Bank Limited.