SIGS1, NIBSF1, LVF1 & GIMES1 net asset value rises to Rs32.75, Rs 17.13, 15.38 & Rs 10.63 respectively on Ashad end

Siddhartha Investment Growth Scheme-1 (SIGS1)—a closed-end 5 years mutual fund scheme managed by Siddhartha Capital Limited has reported growth in net asset value (NAV). As per the financial report published today, the mutual fund scheme’s NAV increased to Rs 32.75 at the end of Ashad from Rs 30.81 posted last month. The NAV of the fund is above the par value of Rs 10 per unit. The scheme, which began with a total fund of Rs 50 crore, has invested Rs 1.36 arba in listed shares, Rs 4.84 crore in public issues, rights shares and bonus shares. The scheme has invested in 1,293,929 unit shares of 83 listed companies. SIGS-1 reported a net profit of Rs 82.78 crore in the month of Ashad  up from Rs 73.28 crore in the month of Jestha . Profit surges by 13.26 percent. Out of its total investment in listed shares, Siddhartha Investment Growth Sheme has bought 66,667 unit shares, the highest shares of Hydroelectricity Investment & Development Company Limited (HIDCL). NIBL Samriddhi Fund-1 (NIBSF-1), a 7 years close-ended mutual fund scheme managed by NIBL Capital Market Limited, has reported increase in net asset value (NAV). The mutual fund scheme’s NAV surges to Rs. 17.13 in the Ashad end from Rs. 15.60 in Jestha end. The scheme, which was launched with a total fund of Rs 100 crore, has invested Rs. 1.22 arba in listed shares of 84 isted companies, Rs 3.30 crore on bonds and debentures, Rs. 5.74 crore in public issues, rights shares and bonus shares and as of Ashad end. NIBSF-1 reported a net profit of Rs 71.13 crore for the month of Ashad up from Rs. 56.17 crore in last month. Its profit rises by 26.63 percent. Out of its total investment in listed shares, NIBL Sambriddhi Fund1 has bought 1, 564,000 unit shares, the highest shares of Siddhartha Investment Growth Scheme-1. Laxmi Value Fund-1 (LVF-1), a closed-ended 5 years mutual fund scheme managed by Laxmi Capital Market Limited, has reported slight growth in Net Asset Value (NAV). Its NAV has surged to Rs. 15.38 in the Ashad end from Rs. 14.28 in the month of Jestha. The scheme, which began with a fund size of Rs 50 crore, has invested Rs. 53.78 crore in the shares of listed companies and Rs 43.25 lakh in public issues. The scheme has invested in 467.462 unit shares in 48 listed companies. LVF-1 net profit rises to Rs. 26.61 crore on Ashad end from Rs. 21.11 crore in last month. Its profit increases by 26.00 percent. Out of its total investment in listed shares, Laxmi Value Fund has bought 100,000 unit shares, the highest, of Hydroelectricity Investment & Development Company Limited (HIDCL). Global IME Sammunati Scheme-1 (GIMES1), a closed-ended 7 years mutual fund scheme managed by Global IME Capital Limited, has reported slight growth in net asset value (NAV). As per the financial report published today, the mutual fund scheme’s NAV rose to Rs. 10.63 in the Ashad end from Rs. 10.41 in Jestha end. The NAV of the fund is above the par value of Rs 10 per unit. The scheme, which was launched with a total fund of Rs 100 crore, has invested Rs. 80.55 crore in the shares of listed companies and Rs 41.87 lakh in non- listed shares as on Ashad end. The scheme has invested 3,749,623 kittas in 58 listed companies. The fund has reported net profit of Rs. 6.25 crore in the month of Ashad from Rs 4.10 crore in the month of  Jestha. Out of its total investment in listed shares, Global IME Sammunati Fund has bought 1,315,030 unit shares, the highest shares of NIBL samriddhi Fund. However, the fund has invested Rs 7 crore in Life Insurance Company Nepal Limited.