Rise in Net Loss and Fall in NAV of Mutual Fund of Sunrise Capital in Kartik
Thu, Nov 30, 2023 11:26 AM on Latest, Mutual Fund,
"Sunrise First Mutual Fund (SFMF)" is a closed-end fund with a maturity of 10 years. The fund has published its monthly NAV report for the month of Kartik. Its NAV stands at Rs. 10.62 as against Rs. 10.70 during the previous month.
The fund began with Rs. 86 crores and till Kartik’s end, 2080 it has invested Rs. 56.55 crore in listed shares and 18.07 crore in bonds and debentures. It has invested Rs. 98.94 lakhs in public issues, rights issues, and bonus shares and has Rs. 7 crore in fixed deposits.
The bank balance of SFMF is Rs. 8.37 crores. SFMF has reported a net loss of Rs. 95.26 Lakhs in Kartik compared to a net loss of Rs. 27.24 Lakhs in the previous month.
"Sunrise Focused Equity Fund (SFEF)" has also published its monthly NAV report for the month of Kartik. This is a closed-end fund with a maturity of 10 years. The NAV stands at Rs. 9.63 in Kartik which was 9.65 a month ago.
The fund size stands at Rs. 1 Arba. It has invested Rs. 57 crores in listed shares and Rs. 2.89 crores in public issues for the month of Kartik. The fund has Rs. 21.54 crore in its bank balance. The fund has invested Rs. 14 crores in fixed deposits.
The fund is at a net loss of Rs. 5.10 crores in Kartik. In the previous month, it was at a net loss of Rs. 4.81 crores.
Sunrise Capital Limited has also published the NAV report of "Sunrise Bluechip Fund (SBCF)". The issue began with a fund size of Rs. 1.25 Arba.
The fund has a NAV of Rs. 9.26 compared to the NAV of Rs. 9.33 in the previous month.
The fund has invested Rs. 79.56 crore in listed shares, Rs. 13.04 crore in debentures, and Rs. 1.83 crore in public issues for the month of Kartik. The fund has Rs. 14.13 crore in its bank balance. The fund has invested Rs. 7 crores in fixed deposits.
The fund is at a loss of Rs. 20.79 crore in Kartik. In the previous month, it was at a net loss of Rs. 19.90 crores.
