Siddhartha Investment Growth Scheme-1 NAV falls to Rs 17.77
Thu, May 28, 2015 12:00 AM on Mutual Fund, Others,
ShareSansar, May 28:
The net asset value (NAV) of Siddhartha Investment Growth Scheme-1 (SIGS1), a closed-ended 5 years mutual fund scheme managed by Siddhartha Capital Limited, has dropped to Rs 17.77 at Baisakh end from Rs 17.93 in Chait end.
The scheme, which began with a total fund of Rs 50 crore, has invested Rs 82.69 crore in listed shares, Rs 3.71 crore in public issues, rights shares and bonus shares. The scheme has invested in 1,277,320 kittas of 57 listed companies.
The fund reported a net loss of Rs 9.10 crore.
The last traded price of SIGS1 at Nepal Stock Exchange Limited is Rs 16 on April 23, which is below its NAV.
