Decline in NEPSE in Falgun Results Fall in NAV and Net Profit of Kumari Equity Fund and Kumari Dhanabriddhi Yojana
Fri, Mar 24, 2023 10:33 AM on Latest, Mutual Fund,
Kumari Capital has published the NAV report of Kumari Equity Fund (KEF) and Kumari Dhanabriddhi Yojana (KDBY) for the month of Falgun.
Kumari Equity Fund (KEF) has a fund size of Rs. 1 arba. The NAV of the fund stands at Rs. 10.23 in the month of Falgun compared to Rs. 10.83 in the previous month. The fund has invested Rs. 58.41 crore in shares of listed companies and Rs. 2.82 crore on public issues, right shares, and bonus shares. The fund has Rs. 15.87 crores in bonds/ debentures and Rs. 7 crores in fixed deposits.
The fund's bank balance is worth Rs. 16.26 crores and other assets total to little over Rs. 2.23 crores.
In the month of Falgun, the fund reported a net loss of Rs. 1.04 Crores. The fund incurred a net profit of Rs. 4.95 Crores in the month before that.
The NAV report of "Kumari Dhanabriddhi Yojana (KDBY)" has also been unveiled.
The "Kumari Dhanabriddhi Yojana" Kumari Dhanabriddhi Yojana" is a closed-end fund with a maturity period of 10 years. Kumari Dhanabriddhi Yojana has a fund size of Rs. 1.225 Arba.
The NAV stands at Rs. 10.32 in Falgun, it was Rs. 10.65 in the previous month. The fund has invested Rs. 46.17 crore in listed shares, Rs. 3.15 crores in public issues, and Rs. 18 crores in fixed deposits. The fund still has Rs. 45.02 crores in the bank and other assets worth Rs. 4.52 Crores.
The fund is at a net profit of Rs. 4.09 crores in Falgun. The net profit was Rs. 8.23 crores in the month before that.
