Siddhartha Equity Oriented Scheme & Siddhartha Equity Fund report slight decline in NAV; NAVs stand at Rs 11.80 & Rs 10.15 for the month of Jestha

Siddhartha Equity Oriented Scheme (SEOS), a close ended 5 years mutual fund scheme fund 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 decreased to Rs 11.80  as of Jestha end from the previous month’s Rs 11.93.

The scheme which began with a total fund of Rs 100 crore has invested Rs 59.20 crore in the listed shares and Rs 4.19 crore in the public issues, right shares and bonus shares. The scheme has invested in 63 companies.

SEOS has posted net loss of Rs 10.99 crore in the month of Jestha which is an increase in loss of Rs 9.71 crore for the month of Baisakh.

Out of its total investment, SEOS has invested the highest amount in the 73,001 promoter shares of Nabil Bank worth Rs 5.59 crore.

Siddhartha Equity Fund (SEF), a close end 10 years equity oriented 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 10.15 as of Jestha end, 2074 which was Rs 10.17 in the previous month.

The scheme which began with a total fund of Rs 1.50 arba, has invested Rs 23.94 crore in the listed shares and Rs 1.37 crore in the public issues, right shares and bonus shares. The scheme has made its investment in 48 companies.

SEF has reported a net profit of Rs 2.26 crore in Jestha which was a of Rs 2.58 crore in Baisakh.

Out of its total investment, SEF has invested the highest amount in the 13,462 unit shares of Citizen Investment Trust worth Rs 3.47 crore.

Also See: Mutual Funds and their latest NAVs