SEOS, SIGS1, NIBSF-1 & GIMES1 net asset value declined to Rs 15.91, Rs 28.41, Rs 15.36 & Rs 10.13 respectively on Kartik end

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 15.91 as of Kartik end from Rs 16.58 as on Ashwin end. The scheme, which began with a total fund of Rs 100 crore, has invested Rs 1.12 arba in listed shares, and Rs 5.46 crore in public issues, rights shares and bonus shares. The scheme has invested in 91 listed companies. SEOS reported net loss of Rs 9.31crore in the month of Kartik from loss of Rs 2.55 crore in the month Ashwin. 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 28.41 at the end of Kartik from Rs 29.74 posted in 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 Rs 50 crore, has invested Rs 1.11 arba in listed shares, and Rs 5.03 crore in public issues, rights shares and bonus shares. The scheme has invested in 83 listed companies. SIGS-1 reported a net loss of Rs 9.67 crore in the month of Kartik compared to net loss of Rs 3.02 crore in the month of Ashwin. Out of its total investment in listed shares, Siddhartha Investment Growth Scheme has bought 50,527 unit shares, the highest shares of Hydroelectricity Investment & Development Company Limited (HIDCL). NIBL Samriddhi Fund-1 (NIBSF-1), a 7 years close ended mutual fund scheme managed by NIBL Capital Market Limited, has reported slight decline in Net Asset Value (NAV). According to the financial report published today, the mutual fund scheme’s NAV decreased to Rs 15.36 in Kartik end from Rs. 16.1 in Ashwin end. The NAV of the fund is above the par value of Rs 10 per unit. The scheme, which was launched with a total fund of Rs 1 arba, has invested Rs. 1.18 arba in listed shares of 82 listed companies, Rs 3.30 crore on bonds and debentures, and Rs. 7.86 crore in public issues, rights shares and bonus shares and as of Kartik end. NIBSF-1 reported a net loss of Rs 2.32 crore for the month of Kartik, down from net profit of Rs. 5.04 crore in last month. Out of its total investment in listed shares, NIBL Sambriddhi Fund1 has bought 15, 64, 000 unit shares, the highest shares of Siddhartha Investment Growth Scheme-1. However, the fund has invested the highest amount i.e. Rs 7.4 crore in shares of Everest Bank Limited. Global IME Sammunati Scheme-1 (GIMES1), a close ended 7 years mutual fund scheme managed by Global IME Capital Limited, has reported slight decline in net asset value (NAV). As per the financial report published today, the mutual fund scheme’s NAV dropped to Rs. 10. 13 in Kartik end from Rs 10.47 on Ashwin end. The NAV of the fund is above the par value of Rs 10 per unit. The scheme, which was launched with a total fund of Rs 80 crore, has invested Rs. 65.49 crore in the shares of listed companies and Rs 2.21 crore in non- listed shares as on Kartik end. The scheme has invested 2,220,144 kittas in 62 listed companies. The fund has reported net loss of Rs. 3.33 crore in the month of Kartik from the net profit of Rs 4.46 lakh in the month of Ashwin. Out of its total investment in listed shares, Global IME Sammunati Fund has bought 721,210 lakh unit shares (Rs 1.58 crore), the highest shares of Nabil Balance Fund 1. However, the fund has invested the highest amount i.e Rs. 6.49 crore in Life Insurance Company Nepal Limited (LICN).