NAV Rises While Net Losses Fall in Jestha For Mutual Funds of Laxmi Capital Market
Tue, Jun 27, 2023 10:36 AM on Latest, Mutual Fund,
Laxmi Equity Fund (LEMF), a closed-end 7 years equity-oriented mutual fund scheme managed by Laxmi Capital Market Limited, has reported a rise in NAV to Rs. 10.56 in Jestha end from Rs. 9.72 in the month before that.
The scheme began with a fund size of Rs. 1.25 Arba has invested Rs. 83.71 crores in listed shares of different companies.
LEMF has invested Rs. 27.77 lakhs in public offerings and Rs. 5.41 crores in bonds/debentures. This mutual fund has Rs. 13.5 crores as fixed deposits and has Rs. 26.72 crores as a bank balance.
It has reported a net loss of Rs. 13.57 crores till Jestha's end. In the month before that, the loss was Rs. 24.06 crores.
Similarly, Laxmi Capital Market Limited has also published the financial report of Laxmi Unnati Kosh (LUK) for the month of Baisakh. The NAV for the month of Jestha stands at Rs. 10.69. The NAV was Rs. 9.98 in the previous month.
This scheme began with a fund size of Rs. 65.2 Crores. The fund has invested Rs. 39.21 crores in listed shares and Rs. 24.26 lakhs in public issues. While the bank balance is Rs. 16.01 crores, the fund has invested Rs. 7 crores in fixed deposits. The fund also has Rs. 6.18 crores in debentures.
Laxmi Unnati Kosh has reported a net loss of Rs. 4.16 crores in the month of Jestha. In the previous month, the net loss was Rs. 8.81 crores.
The NAV report of “Shubha Laxmi Kosh” has also been unveiled. This is an open-ended fund and the funds' size is at Rs. 28.25 crores for the month of Jestha.
According to the financial report published, the mutual fund scheme’s NAV stands at Rs. 9.96 as of Jestha's end, 2080 which was Rs. 9.26 in the previous month.
The fund has invested Rs. 17.11 crores in listed shares and Rs. 12.18 lakhs in public issues, right shares, and bonus shares. The amount invested in bonds/debentures stands at Rs. 1.44 crores while the bank balance stands at Rs. 3.51 Crores. This mutual fund has Rs. 3.5 crores as fixed deposits.
The fund reports a net loss of Rs. 9.75 lakhs in Jestha. In the previous month, the net loss was Rs. 2.08 crores.
