Kumari Equity Fund (KEF) Reports NAV Of Rs 9.73
September 27, 2023 | Investopaper
Kumari Equity Fund (KEF) has reported a Net Asset Value (NAV) of Rs 9.73 until the end of Bhadra, 2080 BS. As per the monthly report, the scheme has disclosed a fall in NAV as compared to the end of the previous month. As of Shrawan’s end 2080 BS, the NAV stood at Rs 10.81.
Note: The dividend of the fiscal year 2079/80 has been adjusted in the NAV.
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KEF has a total investment value of Rs 70.19 crores in stocks of listed companies. Such investment stood at Rs 71.34 crores in the previous month. Likewise, the scheme has invested Rs 15.87 crores in debenture/bonds and Rs 2 crores in the fixed deposits. As of the end of Bhadra, KEF has a bank balance of Rs 7.65 crores.
In the first two months of the current fiscal year 2079/80, KEF has posted a gross loss of Rs 2.95 crores. From the fiscal year 2079/80, the scheme had distributed a 10 percent cash dividend to its unit-holders.
About KEF
Kumari Equity Fund (KEF) is a close ended-mutual fund scheme operated by the fund manager Kumari Capital Limited under Kumari Mutual Fund. The fund has a size of Rs 1 Arba. It has a maturity period of 10 years. The fund will retire on Chaitra 4, 2087 BS.
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