Sunrise First Mutual Fund publishes its first NAV report; NAV for kartik at Rs 9.94

Sunrise First Mutual Fund (SFMF), sponsored by Sunrise Bank and managed by Sunrise Capital, is a close-ended fund with a maturity of 10 years. The fund has published its first monthly NAV report for the month of Kartik.

The fund began with Rs 1 arba and till Kartik end, 2076 it has no investment in listed shares. It has invested Rs 2 crore in public issues, right issues and bonus shares and has Rs 5 crore in fixed depoists.

The bank balance of SFMF is Rs 80.99 crore. It NAV as of Kartik end is Rs 9.94 and has reported a loss of Rs 49.56 lakh.

Announcement