Sunrise First Mutual Fund (SFMF) and Sunrise Bluechip Fund (SBCF) Report Higher NAV in Poush
Sun, Jan 30, 2022 10:45 AM on Latest, Mutual Fund,
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 14.88 as against Rs 13.48 during the previous month.
The fund began with Rs 1 Arba and till Poush's end, 2078 it has invested Rs 62.06 crore in listed shares and 18.07 crores in bonds and debentures. It has invested Rs 7.30 crores in public issues, rights issues, and bonus shares and has Rs 18 crore in fixed deposits.
The bank balance of SFMF is Rs 17.56 crore. SFMF has reported a net profit of Rs 10.15 crores in Poush compared to a net loss of Rs 1.88 crores in the previous month.
Announcement
Sunrise Capital Limited has also published the NAV report of Sunrise Bluechip Fund.
The fund has invested Rs. 64.65 crores in listed shares, Rs. 12.04 crores in debentures, and Rs. 6.65 crores in public issue for the month of Poush. The fund still has an unutilized amount of over Rs. 25.70 crores in its bank balance. The fund has invested Rs. 108crores in fixed deposits. The fund has a NAV of Rs. 10.39, compared to the NAV of Rs. 9.38 in the previous month.
The fund is at a profit of Rs. 4.18 crores in Poush. In the previous month, it was at a net loss of Rs. 8.45 crores.
