Siddhartha Investment Growth Scheme 3 Publishes First NAV Report; How Did Mutual Funds of Siddhartha Capital Perform in Baisakh?
Sun, May 28, 2023 11:05 AM on Latest, Mutual Fund,
Siddhartha Equity Fund (SEF), a closed-end 10 years mutual fund, managed by Siddhartha Capital Limited has reported a fall in its net asset value (NAV) for the month of Baisakh.
According to the financial report published, the mutual fund scheme’s NAV stands at Rs. 9.37 as of Baisakh end, 2080 which was Rs. 9.76 in the previous month.
The scheme which began with a total fund of Rs. 1.50 Arba has invested Rs. 1.03 Arba in the listed shares and Rs. 2.91 crores in public issues, right shares, and bonus shares. The scheme has invested Rs. 6.54 crore in bond and debenture and Rs. 12.5 crore in FDs.
This scheme has Rs. 13.32 crores in the bank balance. SEF has posted a net loss of Rs. 9.83 Crores till the month of Baisakh. In the month before, the net loss was Rs. 3.92 Crores.
Siddhartha Investment Growth Scheme 2 (SIGS2), a closed-end 10 years mutual fund, managed by Siddhartha Capital Limited has also reported net asset value (NAV) for the month of Baisakh.
According to the financial report published, the mutual fund scheme’s NAV stands at Rs. 9.45 as of Baisakh's end, 2080 which was Rs. 9.85 in the previous month.
The scheme which began with a total fund of Rs. 1.20 Arba has invested Rs. 84.97 Crores in the listed shares and Rs. 2.59 Crores in public issues, right shares, and bonus shares. The scheme has invested Rs. 2.64 crores in bond and debenture and Rs. 8.8 crores in FDs. This scheme has Rs. 12.77 crores in the bank balance.
SIGS2 has also posted a net loss of Rs. 6.78 crores for the month of Baisakh. The loss was Rs. 2.03 crores in the month before that.
Siddhartha Systematic Investment Scheme (SSIS) has also unveiled its NAV report. This is an open-end fund that can't be traded in NEPSE. The fund has no maturity period.
SSIS has a fund size of Rs. 37.47 crores for the month of Baisakh. The fund has reported a NAV of Rs. 8.04 in Baisakh. In the month before that, the NAV was Rs. 8.27.
The fund has invested Rs. 16.92 crores in listed shares and Rs. 41.49 lakhs in public issues. The fund has Rs. 4 crores in FDs and Rs. 1.86 crores in bonds and debentures. The fund has Rs. 6.12 crores in bank balance.
The fund saw a loss of Rs. 23.08 lakhs in the month of Baisakh. In the previous month, it was at a profit of Rs. 59.51 lakhs.
“Siddhartha Investment Growth Scheme - 3 (SIGS3)” has published its first monthly NAV report for the month of Baisakh. This is a closed-end fund with a maturity of 10 years. The NAV stands at Rs. 9.95 in Baisakh.
The fund size stands at Rs. 80.58 Arba. It has invested Rs. 1.48 crore in listed shares, 4.05 crore in other assets, and Rs. 10 crore in fixed deposits.
The bank balance of SIGS3 is Rs. 64.83 crores. SIGS3 has reported a net loss of Rs. 36.62 lakhs in Baisakh.
