Siddhartha Equity Fund (SEF) Reports Drop in NAV in Magh

February 23, 2024 | Investopaper

Siddhartha Equity Fund (SEF) has reported a Net Asset Value (NAV) of Rs 9.83 until the end of Magh, 2080 BS. As per the monthly report, the scheme has disclosed a drop in NAV as compared to the end of the previous month. As of Poush’s end 2080 BS, the NAV stood at Rs 9.97.

Note: The dividend of the fiscal year 2079/80 is adjusted in the NAV.


You May Also Like:

Net Asset Value (NAV) Of Mutual Fund Schemes In Nepal

How To Buy Mutual Fund Schemes In Nepal?


SEF has a total investment value of Rs 1.11 Arba in stocks of 76 listed securities. Such investment stood at Rs 1.13 Arba in the previous month. Likewise, the scheme has invested Rs 6.54 crores in debenture/bonds and Rs 7.50 crores in the fixed deposits. As of the end of Magh, SEF has a bank balance of Rs 17.25 crores.

In the first seven month of the current fiscal year 2080/81, SEF has posted a gross loss of Rs. 3.07 crores. From the fiscal year 2079/80, the scheme has distributed a 5 percent cash dividend to its unit-holders.

About SEF

Siddhartha Equity Fund (SEF) is a close ended-mutual fund scheme operated by the fund manager Siddhartha Capital Limited under Siddhartha Mutual Fund. The fund has a size of Rs 1.50 Arba. It has a maturity period of 10 years. The fund will retire on Karthik 23, 2084 BS.


More From Investopaper:

15 Biggest Mutual Fund Schemes in Nepal

Dividend Announcement By Mutual Funds In Nepal

Investopaper

Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

Leave a Reply

Your email address will not be published.

error: Content is protected !!