Sunrise First Mutual Fund (SFMF) and Global IME Samunnat Scheme-1 (GIMES1) Publish NAV Report; How did they perform in Magh?

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 15.05 as against Rs 14.08 during the previous month of Poush.

The fund began with Rs 1 Arba and till Magh's end, 2077 it has invested Rs 73.3 crore in listed shares and 12.57 crores in bonds and debentures. It has invested Rs 6.41 crores in public issues, rights issues, and bonus shares and has Rs 14 crore in fixed deposits.

The bank balance of SFMF is Rs 17.45 crore. SFMF has reported a net profit of Rs 41.08 crore in Magh compared to a net profit of Rs 32.76 crores in the previous month.

Announcement

Global IME Samunnat Scheme-1 (GIMES1), a closed-ended 7 years mutual fund scheme managed by Global IME Capital Limited, has reported a rise in its Net Asset Value (NAV) till the end of Magh.

As per the financial report published today, the mutual fund scheme’s NAV has increased to Rs. 18.24 till the end of Magh from Rs. 16.29 in the last month.

The scheme, which was launched with a total fund of Rs. 1 Arba, has invested Rs. 1.58 Arba in the shares of listed companies. It has invested Rs. 12.35 crores in non-listed shares as of Poush's end. Similarly, it has invested Rs. 6.81 crores in debentures.

The fund has reported a net profit of Rs. 72.3 crores till the month of Magh. Last month, the fund saw a net profit of Rs 52.77 crores.

Click here for the monthly report.