Siddhartha Equity Oriented Scheme and Siddhartha Equity Fund reported slight decrease in NAV as per Magh end report; both scheme has Rs 47.52 and Rs. 71.97 crore as bank balance

Thu, Feb 21, 2019 10:05 AM on Latest, Mutual Fund, Stock Market,

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

According to the financial report published today, the mutual fund scheme’s NAV stayed above its par value at Rs 10.51 as of Magh end, 2075 which was Rs 10.61 in the previous month.

The scheme which began with a total fund of Rs 100 Crore has invested Rs 40 Crore in the listed shares and Rs 3.33 Crore in the public issues, right shares and bonus shares. The scheme has made its investment in 51 companies.

The scheme has Rs 10 crore in fixed deposit,  Rs 3.20 crore in bond/debenture and has Rs 47.52 crore in the bank balance.

SEOS has reported a net profit of Rs 1.65 crore till Magh end against net profit of Rs 2.68 Crore till Poush.

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

According to the financial report published today, the mutual fund scheme’s NAV stays at Rs 10.62 as of Magh end which was Rs 10.75 in the previous month.

The scheme which began with a total fund of Rs 1.50 Arba has invested Rs 62.38 Crore in the listed shares and Rs. 2.48 crore in the public issues, right shares and bonus shares. The scheme has invested in 68 companies.

SEF has posted a net profit of Rs. 6.58 Crore in the month of Magh which was Rs. 8.45 Crore in the last month.