SEOS & SIGS1 posts NAV slides down to Rs 15.41 & 27.28 respectively on Baisakh end

Siddhartha Equity Oriented Scheme (SEOS) a closed-end 5 years mutual fund scheme managed by Siddhartha Capital Limited—has reported drop in net asset value (NAV). As per the financial report published today, the mutual fund scheme’s NAV decreased to Rs 15.41 at the end of Baisakh from Rs 16.02 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 Rs 100 crore, has invested Rs 94.51 crore in listed shares, Rs 29.22 crore in public issues, rights shares and bonus shares. The scheme has invested in 41,83,215 unit shares of 97 listed companies. SEOS reported a net lossof Rs 14.22 crore in the month of Baisakh from Rs 8.12 crore in the month of Chaitra. Out of its total investment in listed shares, Siddhartha Equity Oriented Scheme has bought 29,70,000 unit shares, the highest shares of NMB Sulav Investment Fund-1. Likewise, Siddhartha Investment Growth Scheme-1 (SIGS1) a closed-end 5 years mutual fund scheme managed by Siddhartha Capital Limited—has reported decline in net asset value (NAV). According to the financial report published today, the mutual fund scheme’s NAV declined to Rs 27.28 in the Baisakh  end from Rs 28.54 in Chaitra end. The scheme, which began with a total fund of Rs 50 crore, has invested Rs 89.12 crore in listed shares, Rs 2.34crore in public issues, rights shares and bonus shares. The scheme  has invested in 1,078,278 unit shares of 88 listed companies. SEOS reported net loss of Rs 1.53 crore for the month of Baisakh from Rs 9.04 crore in the month Chaitra. Out of its total investment in listed shares, SIGS has bought 46,287 unit shares, the highest shares of Hydroelectricity Investment and Development Company Limited (HIDCL).