Rise in Net Loss and Fall in NAV Of Mutual Fund of Kumari Capital
Mon, Oct 30, 2023 11:09 AM on Latest, Mutual Fund,
Kumari Capital Limited has published the NAV report of Kumari Equity Fund (KEF), Kumari Dhanabriddhi Yojana (KDBY), and Kumari Sunaulo Lagani Yojana (KSLY) for the month of Ashwin, 2080.
Kumari Equity Fund (KEF) has a fund size of Rs. 1 Arba. The NAV of the fund stands at Rs. 9.42 in the month of Ashwin compared to Rs. 9.73 in the previous month. The fund has invested Rs. 65.64 crore in shares of listed companies and Rs. 1.43 crore on public issues, right shares, and bonus shares. The fund has Rs. 15.87 crores in bonds/ debentures and Rs. 2 crores in fixed deposits.
The fund's bank balance is worth Rs. 8.74 crores and other assets total to little over Rs. 1.25 crores.
In the month of Ashwin, the fund reported a net loss of Rs. 6.06 crores. The fund incurred a net loss of Rs. 2.95 crores in the month before that.
The NAV report of "Kumari Dhanabriddhi Yojana (KDBY)" has also been unveiled for the month of Ashwin.
The "Kumari Dhanabriddhi Yojana" is a closed-end fund with a maturity period of 10 years. Kumari Dhanabriddhi Yojana has a fund size of Rs. 1.22 Arba.
The NAV stands at Rs. 9.95 in Ashwin, it was Rs. 10.19 in the previous month. The fund has invested Rs. 76.84 crore in listed shares, Rs. 2.63 crore in public issues, and Rs. 18 crore in fixed deposits. The fund still has Rs. 13.12 crores in the bank and other assets worth Rs. 1.59 crore.
The fund is at a net loss of Rs. 6.97 crores in Ashwin. The net loss was Rs. 4.07 crores in the month before that.
The NAV report of "Kumari Sunaulo Lagani Yojana (KSLY)" has also been published for Ashwin month.
The "Kumari Sunaulo Lagani Yojana" is an open-end fund, meaning it can't be traded in NEPSE and has no fixed maturity period. The size of the fund as of Ashwin is Rs. 36.56 Crores.
The NAV stands at Rs. 10.08 in Ashwin which was 10.40 in the previous month. The fund has invested Rs. 24.01 crores in listed shares and Rs. 67.73 lakhs in public issues. The fund has Rs. 7.99 crores in the bank and other assets worth Rs. 38.54 lakhs.
The fund is at a net loss of Rs. 2.07 Crores in Ashwin. The net loss of Rs. 89.78 lakhs in the month before that.
