Siddhartha Investment Growth Scheme NAV diminish to Rs 21.08 irrespective of net profit of Rs 57.91 lakh, Siddhartha Equity Oriented Scheme NAV diminish to Rs 12.83

Siddhartha Investment Growth Scheme-1 (SIGS1), a closed ended 5 years mutual fund scheme managed by Siddhartha Capital Limited has also reported slight diminish in Net Asset Value (NAV) as on Kartik end, 2074. As per the financial report published today, the mutual fund scheme’s NAV has falls to Rs 21.08 at the end of Kartik from Rs 21.55 posted in last month. The scheme, which began with a total fund of Rs 50 crore, has invested Rs 56.53 crore in listed shares, and Rs 2.89 crore in public issues, rights shares and bonus shares. The scheme has invested in 55 listed companies. SIGS-1 reported a net profit of Rs 57.91 lakh in the month of Kartik compared to net profit of Rs 2.97 crore in the month of Ashwin. Out of its total investment in listed shares, Siddhartha Investment Growth Scheme has bought 45,077 unit shares, the highest shares of Mega Bank Nepal Limited (MEGA). Siddhartha Equity Oriented Limited (SEOS), a close ended 5 years mutual fund scheme managed by Siddhartha Capital Limited, has reported slight diminish in net asset value (NAV). According to the financial report published today, the mutual fund scheme’s NAV diminished to Rs 12.83 as of Kartik end from Rs 13.21 as on Ashwin end. The scheme, which began with a total fund of Rs 100 crore, has invested Rs 94.42 crore in listed shares, and Rs 4.71 crore in public issues, rights shares and bonus shares. The scheme has invested in 85 listed companies. SEOS has posted net loss of Rs 75.08 lakh in the month of Kartik from net profit of Rs 3.09 crore in the month Ashwin. 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.