SIGS1, SEOS & LVF1 net asset value rises to Rs 25.25, Rs 14.56 & Rs 12.57 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). As per the financial report published today, The mutual fund scheme’s NAV increased to Rs 25.25 at the end of Chaitra from Rs 24.78 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 1 arba in listed shares, Rs 8.62 crore in public issues, rights shares and bonus shares. The scheme has invested in 1,183,862 unit shares of 75 listed companies. SIGS-1 reported a net profit of Rs 45.28 crore in the month of Chaitra up from Rs 42.95 crore in the month of Falgun. 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 negligible rise in net asset value (NAV). According to the financial report published today, the mutual fund scheme’s NAV surges to Rs 14.56 in the Chaitra end from Rs 14.34 in Falgun end. The scheme, which began with a total fund of Rs 50 crore, has invested Rs 96.87 crore in listed shares, Rs 10.08 crore in public issues, rights shares and bonus shares. The scheme has invested in 1,167,592 unit shares of 88 listed companies. SEOS reported net profit of Rs 45.56 crore for the month of Chaitra up from Rs 43.42 crore in the month Falgun. 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. 12.57 in the Chaitra end from Rs.12.68 in the month of Falgun. The scheme, which began with a fund size of Rs 50 crore, has invested Rs. 39.69 crore in the shares of listed companies and Rs 1.26 crore in public issues. The scheme has invested in 409,580 kittas of 59 listed companies. LVF-1 net profit rises to Rs. 12.60 crore in chaitra from Rs. 11.63 crore in last month. Its profit increases by 8.36 percent. Out of its total investment in listed shares, Laxmi Value Fund has bought 40,264 unit shares, the highest, of Siddhartha Bank limited.