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

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 Mangsir. Its NAV stands at Rs 13.19 as against Rs 11.82 during the previous month of Kartik.

The fund began with Rs 1 Arba and till Mangsir's end, 2077 it has invested Rs 55.38 crore in listed shares. It has invested Rs 94.13 lakhs in public issues, rights issues, and bonus shares and has Rs 11.6 crore in fixed deposits.

The bank balance of SFMF is Rs 34.32 crore. SFMF has reported a net profit of Rs 25.09 crore in Mangsir compared to a net profit of Rs 13.31 crores in Kartik.

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 Mangsir.

As per the financial report published today, the mutual fund scheme’s NAV has increased to Rs. 14.71 till the end of Mangsir from Rs. 12.9 in the last month.

The scheme, which was launched with a total fund of Rs. 1 Arba, has invested Rs. 1.35 Arba in the shares of listed companies. Last month, it had invested Rs. 1.23 Arba. It has invested Rs. 3.22 crores in non-listed shares as of Mangsir's end. Similarly, it has invested Rs. 6.45 crores in debentures.

The fund has reported a net profit of Rs. 37.01 crores till the month of Mangsir. Last month, the fund saw a net profit of Rs 18.95 crores.

Click here for the monthly report.