Siddhartha Capital publishes NAV report of both mutual fund schemes; SEOS matures on Shrawan 4, 2076

Thu, Jun 27, 2019 12:45 PM on Financial Analysis, Latest, Mutual Fund,
Siddhartha...

Siddhartha Equity Oriented Scheme (SEOS), a closed end 5 years mutual fund scheme managed by Siddhartha Capital Limited, has reported a minimal increase in its net assets value (NAV) in Jestha 2076.

According to the NAV report published today, the mutual fund scheme’s NAV rises to Rs 11.23 as of Jestha end, 2076 which was Rs 11.16 in the previous month.

The scheme which began with a total fund of Rs 100 Crore has invested Rs 15.50 crore in the listed shares which was Rs 26.25 crore last month and Rs 1.63 crore in the public issues, right shares and bonus shares. As the maturity date nears, this scheme has already started liquidating their secondary market investment. The scheme has made its investment in 25 companies.

The scheme has invested Rs 3.20 crore in bond/debenture and has Rs 92.64 crore in the bank balance.

SEOS has reported a net profit of Rs 8.93 crore till Jestha end against net profit of Rs 8.21 crore till Baisakh end.

Likewise, Siddhartha Equity Fund (SEF), a closed-end 10 years mutual fund, also managed by Siddhartha Capital Limited has reported a decrease in its net asset value (NAV) for the month of Jestha.

According to the financial report published today, the mutual fund scheme’s NAV stays at Rs 11.27 as of Jestha end, 2076 which was Rs 11.33 in the previous month.

The scheme which began with a total fund of Rs 1.50 Arba has invested Rs 87.60 crore in the listed shares and Rs 3.16 crore in the public issues, right shares and bonus shares. The scheme has Rs 15 crore in fixed deposits and has invested Rs 5.95 crore in bond and debenture.

This scheme has Rs 58.95 crore in bank balance.

SEF has posted a net profit of Rs 16.35 crore till the month of Jestha which was Rs 17.16 crore in the last month.