Siddhartha Equity Oriented Scheme NAV surges to Rs 13.10, Siddhartha Equity Fund posted NAV of Rs 9.98

Siddhartha Equity Oriented Scheme (SEOS), a close ended 5 years mutual fund scheme managed by Siddhartha Capital Limited, has reported surges in net asset value (NAV). According to the financial report published today, the mutual fund scheme’s NAV diminished to Rs 13.10 as of Mangsir end from Rs 12.83 as on Kartik end. The scheme, which began with a total fund of Rs 100 crore, has invested Rs 82.21 crore in listed shares, and Rs 5.92 crore in public issues, rights shares and bonus shares. The scheme has invested in 78 listed companies. SEOS has posted net profit of Rs1.97 crore in the month of Mangsir from net loss of Rs 75.08 lakh in the month Kartik. Out of its total investment in listed shares, SEOS has bought 36.20 lakh unit shares, the highest shares of NMB Sulav Investment Fund-1. Siddhartha Equity Fund (SEF), a closed-end 10-years equity oriented mutual fund scheme managed by Siddhartha Capital Limited and Siddhartha Bank Limited has reported meager fall in its net assets value (NAV). According to the financial report published today, the mutual fund scheme’s NAV fall to Rs 9.98 as of Mangsir end. The scheme, which began with a total fund of Rs 1.50 arba, has invested Rs 5.26 crore in listed shares, and Rs 8.51 lakh in public issues, rights shares and bonus shares. The scheme has invested in 19 listed companies. SEOS has posted net loss of Rs 25.83 lakh in the month of Mangsir. Out of its total investment in listed shares, SEOS has bought 29.40 lakh unit shares, the highest shares of NMB Sulav Investment Fund-1.