SIGS1, SEOS & LVF1 net asset value inches up to Rs 24.78, Rs14.34 & Rs12.38 respectively

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). The mutual fund scheme’s NAV increased to Rs 24.78 at the end of Falgun from Rs 23.02 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 Rs100 crore, has invested Rs 89.08 crore in listed shares, Rs 14.58 crore in public issues, rights shares and bonus shares. The scheme has invested in 1,073,671 unit shares of 72 listed companies. SIGS-1 reported a net profit of Rs 42.95 crore in the month of Falgun up from Rs 34.12 crore in the month of Magh. Out of its total investment in listed shares, Siddhartha Equity Oriented Scheme has bought 56,138 unit shares, the highest shares of Mega Bank Limited. Likewise, Siddhartha Equity Oriented Limited (SEOS) a closed-end 5 years mutual fund scheme managed by Siddhartha Capital Limited—has reported slight rise in net asset value (NAV). According to the financial report published today, the mutual fund scheme’s NAV surges to Rs 14.34 in the Falgun end from Rs 13.47 in Magh end. 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 86.33 crore in listed shares, Rs 14.46 crore in public issues, rights shares and bonus shares. The scheme has invested in 1,049654 unit shares of 85 listed companies. SEOS reported net profit of Rs 43.42 crore for the month of Falgun up from Rs 34.70 crore in the month Magh. Out of its total investment in listed shares, Siddhartha Investment Growth Scheme-1 has bought 60,360 unit shares, the highest shares of Nepal Doorsanchar Company Limited. Similarly, 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 increased to Rs. 12.38 in the Falgun end from Rs.12.14 in the month of Magh. The scheme, which began with a fund size of Rs 50 crore, has invested Rs. 29.43 crore in the shares of listed companies and Rs 1.23 crore in public issues. The scheme has invested in 320,743 units of 52 listed companies. LVF-1 net profit rises to Rs. 11.63.crore in Falgun from Rs. 10.43 crore in last month. Out of its total investment in listed shares, Laxmi Value Fund has bought 40,264 unit shares, the highest, of Siddhartha Bank Limited