Sunrise First Mutual Fund reports NAV of Rs 10.42 for Magh; Net profit at Rs 3.59 crore

Wed, Feb 26, 2020 11:53 AM on Latest, Mutual Fund, Stock Market,

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 monthly NAV report for the month of Magh. Its NAV stands at Rs 10.42 as against Rs 10.21 for the month of Poush.

The fund began with Rs 1 arba and till Magh end, 2076 it has invested Rs 22.81 crore in listed shares. It has invested Rs 1.89 crore in public issues, rights issues, and bonus shares and has Rs 8.60 crore in fixed deposits.

The bank balance of SFMF is Rs 49.80 crore. SFMF has reported a net profit of Rs 3.59 crore which was a net profit of Rs 1.77 crore in Poush.

Announcement