Mega Mutual Fund-1 Reports Net Asset Value of 8.61
April 25, 2024 | Investopaper
Mega Mutual Fund-1 (MMF1) has reported a Net Asset Value (NAV) of Rs 8.61 until the end of Chaitra, 2080 BS. As per the monthly report, the scheme has disclosed a decrease in NAV as compared to the end of the previous month. At the end of Falgun, 2080 BS, the NAV stood at Rs 8.89.
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The scheme has a total investment value of Rs 87.26 crores in stocks of listed companies. Such investment stood at Rs 90.57 crores in the previous month. Likewise, the scheme has invested Rs 10 crores in the fixed deposits and Rs. 88.58 lakhs in debentures. As of the end of Chaitra, it has a bank balance of Rs 9.70 crores.
In the first nine months of the current fiscal year 2080/81, MMF1 has posted a gross loss of Rs 3.77 crores.
About Mega Mutual Fund-1
Mega Mutual Fund-1 (MMF1) is a close ended-mutual fund scheme operated by the fund manager Mega Capital Markets Limited under Mega Mutual Fund. The fund has a size of Rs 125 crores. It has a maturity period of 10 years. The fund will retire on Bhadra 22, 2088 BS.
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