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 Poush. Its NAV stands at Rs 14.08 as against Rs 13.19 during the previous month of Mangsir.
The fund began with Rs 1 Arba and till Poush's end, 2077 it has invested Rs 63.19 crore in listed shares. It has invested Rs 9.63 crores in public issues, rights issues, and bonus shares and has Rs 15 crore in fixed deposits.
The bank balance of SFMF is Rs 21.64 crore. SFMF has reported a net profit of Rs 32.76 crore in Poush compared to a net profit of Rs 25.09 crores in Mangsir.
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 Poush.
As per the financial report published today, the mutual fund scheme’s NAV has increased to Rs. 16.29 till the end of Poush from Rs. 14.71 in the last month.
The scheme, which was launched with a total fund of Rs. 1 Arba, has invested Rs. 1.39 Arba in the shares of listed companies. Last month, it had invested Rs. 1.35 Arba. It has invested Rs. 13.65 crores in non-listed shares as of Poush's end. Similarly, it has invested Rs. 6.51 crores in debentures.
The fund has reported a net profit of Rs. 52.77 crores till the month of Poush. Last month, the fund saw a net profit of Rs 37.01 crores.
Click here for the monthly report.