Siddhartha Equity Oriented Scheme and Siddhartha Equity fund report loss in the Net Assets Value (NAV) for the month of Falgun

Siddhartha Equity Oriented Scheme (SEOS), a close ended 5 years mutual fund scheme fund managed by Siddhartha Capital Scheme, has reported a decrease in its net assets value (NAV). According to the financial report published today, the mutual fund scheme’s NAV decreased to Rs 11.56  as of Falgun end from the previous month’s Rs 12.26. The scheme which began with a total fund of Rs 100 crore has invested Rs 70.29 crore in the listed shares and Rs 6.09 crore in the public issues, right shares and bonus shares. The scheme has invested in 81 companies. SEOS has posted net loss of Rs 13.48 crore in the month of Falgun which is an increment from loss of Rs 6.42 crore for the month of Magh. Out of its total investment, SEOS has invested the highest amount in the promoter shares of Nabil bank worth Rs 6.02 crore. It has also bought 15.01 lakh unit shares of NMB Slav Investment Fund. Notice Likewise, Siddhartha Equity Fund (SEF), a close end 10 years equity oriented mutual fund scheme managed by Siddhartha Capital Limited has reported decline in its net assets value (NAV). According to the financial report published today, the mutual fund scheme’s NAV decreased below its par value to Rs 9.97 as of Falgun end, 2074 which was Rs 10 in the previous month. The scheme which began with a total fund of Rs 1.50 arba, has invested Rs 18.06 crore in the listed shares and Rs 39.57 lakh in the public issues, right shares and bonus shares. The scheme has made its investment in 43 companies. SEF has reported a net loss of Rs 51.49 lakh in Falgun which was a profit of Rs 4.42 lakh in Magh, 2074. Out of its total investment, SEF has invested the highest amount in the shares of Nepal Life Insurance Company Limited worth Rs 2.39 crore. The mutual fund has also bought 20,849 unit shares of Sanima Bank Limited. Notice