Siddhartha Mutual Fund Schemes: Top 3 Stock purchases

February 2, 2020 | Investopaper

Siddhartha Capital Limited has published the monthly report (of Poush, 2076) of its mutual fund schemes: Siddhartha Equity Fund (SEF) and Siddhartha Investment Growth Scheme-2 (SIGS2).

The NAV (Net Asset Value) of SEF and SIGS2 stand at Rs. 10.58 and Rs. 10.47 in Poush’s end.

Siddhartha Equity Fund (SEF)

SEF’s total investment in stocks stands at Rs. 97.20 crores. The bank balance of SEF has increased to Rs. 24.67 crores.

Nepal Bank is the top purchased stock by Siddhartha Equity Fund. SEF holds 10.03 percent of total equity investment in Nepal Bank stock only.

Here is the list of top 3 stocks held by the Siddhartha Equity Fund in its portfolio until Poush end, 2076.

S.N.	Securities	Sector	Units	Amount(‘Rs. crores’)	Percent of Total investment in securities
1	Nepal Bank	Bank	365,782	10.13	10.03
2	Nepal Telecom	Others	94,234	6.08	6.02
3	Machhapuchhre Bank	Bank	260,412	5.96	5.90

	Total Value of Investment in securities (‘Rs. crores’)			100.97
	NAV Poush, 2076	10.58

Siddhartha Investment Growth Scheme-2

At the end of Poush, the total investment made by SIGS2 in stocks has a market value of Rs. 55.70 crores. The cash balance in the bank stands at Rs. 47.23 crores.

SIGS2 has issued 12 crores unit share at the par value of Rs. 10.

The list of top 3 stocks purchased by SIGS2 in its portfolio until Poush end, 2076 is shown in the table below:

S.N.	Securities	Sector	Units	Amount(‘Rs. crores’)	Percent of Total investment in securities
1	Nabil Bank	Bank	56,081	4.09	7.34
2	NIC Asia Bank	Bank	84,730	3.75	6.73
3	Machhapuchhre Bank	Bank	162,750	3.73	6.70

	Total Value of Investment in securities (‘Rs. crores’)			55.70
	NAV Poush, 2076	10.47