SEOS & SIGS1 reports NAV of Rs 16.05 & Rs 27.90 respectively in Shrawan end

Siddhartha Equity Oriented Limited (SEOS) and Siddhartha Investment Growth Scheme-1 (SIGS1)—closed-end 5 years mutual fund schemes managed by Siddhartha Capital Limited—have reported increase in their Net Asset Values (NAV).  According to the financial report published today, Siddhartha Equity Oriented Scheme (SEOS)’s NAV rises to Rs 16.053 in the Shrawan end from Rs 15.402 in Asadh 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 100 crore, has invested Rs 1.10 arba in listed shares, Rs 14.44 crore in public issues, rights shares and bonus shares. The scheme has invested in 4458123 kittas of 97 listed companies. SEOS reported net profit of Rs. 6.50 crore for the month of Shrawan from net loss  Rs 14.35 crore in the Asadh end. Out of its total investment in listed shares, Siddhartha Equity Oriented Scheme (SEOS) has bought 95,427 unit shares, the highest shares of Jalvidhyut Lagani Tatha Bikas company Limited (HIDCL). Likewise, Siddhartha Investment Growth Scheme-1 (SIGS1)’s NAV surges to Rs 27.905 at the end of Shrawan from Rs 26.959 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 50 crore, has invested Rs 79.70 crore in listed shares, Rs 1.51 crore in public issues, rights shares and bonus shares. The scheme has invested in 9,56,547 kittas of 70 listed companies. SIGS-1 reported a net profit of Rs 4.73 crore in Shrawan end up from net loss of Rs 16.96 crore in the month of Asadh. Out of its total investment in listed shares, Siddhartha Investment Growth Scheme-1 has bought 45,076 unit shares, the highest shares of Mega Bank Limited. SIGS1 And SEOS have recently proposed 60 percent and 25% cash dividend for its unit holders. The book closure date was set for Bhadra 12, 2074 for the purpose of distributing dividend to its unit holders.