Siddhartha Equity Oriented Scheme NAV decreases to Rs 12.68; Siddhartha Equity Fund NAV increases to Rs 10.01 as of Poush end

Siddhartha Equity Oriented Scheme (SEOS), a close ended 5 years mutual fund scheme managed by Siddhartha Capital Limited, has reported decrease in net asset value (NAV). According to the financial report published today, the mutual fund scheme’s NAV diminished to Rs 12.68 as of Poush end from Rs 13.10 as of Mangsir end. The scheme which began with a total fund of Rs 100 crore, has invested Rs 80.68 crore in shares and Rs 8.05 crore in public issues, right shares and bonus shares. The scheme has invested in 79 listed companies. SEOS has posted net loss of Rs 2.19 crore in Poush from the profit of Rs 1.97 crore for the month of Mangsir. Out of its total investment in listed shares, SEOS has bought 15.31 lakh units of shares, the highest shares of NMB Sulav Investment Fund-1. Siddhartha Equity Fund (SEF), a close end 10 years equity oriented mutual fund scheme managed by Siddhartha Capial Limited and Siddhartha Bank Limited has reported increase in its Net Assets Value (NAV). According to the financial report published today, the mutual fund scheme’s NAV has increased to Rs 10.01 as of Poush end. The scheme which began with a total fund of Rs 1.50 arba, has invested Rs 12.82 crore on listed shares and Rs 31.39 lakh in public issue, right shares and bonus shares. The scheme has invested in 21 listed companies. SEF has posted net profit of Rs 16.72 lakh in the month of Poush. Out of its total investment in listed shares, SEF has bought 26,948 unit shares, the highest of Nepal Bank Limited.