Siddhartha Investment Growth Scheme -1’s NAV inches up to Rs 17.73 in Poush end

ShareSansar, January 29:

Siddhartha Investment Growth Scheme -1 (SIGS-1), a closed-end five years mutual fund scheme managed by Siddhartha Capital Limited, has reported an increment in its net asset value (NAV) for the month of Poush as compared to the month of Mangsir, 2071.

SIGS-1 NAV rises to Rs 17.73 in Poush-end from NAV of Rs 17.18 in Mangsir end, positive changes of 3.20 percent.

According to a monthly statement published by the mutual fund today, it stated that it has invested Rs 79.55 crore in the listed shares, Rs 7.80 crore in the non-listed shares, right share and bonus share.

The scheme, which began with a total fund of Rs 50 crore, is, however, undervalued in the bourse. The scrip was last traded at Rs 16 at Nepal Stock Exchange (Nepse).

The mutual fund has made investment in a total of 58 listed companies shares, according to the statement.