Siddhartha Investment Growth Scheme 2 (SIGS2) Reports Investment of Rs. 93 Crores in Stocks

September 29, 2023 | Investopaper

Siddhartha Investment Growth Scheme 2 (SIGS2) has reported a Net Asset Value (NAV) of Rs 9.59 until the end of Bhadra, 2080 BS. As per the published monthly report, the scheme’s NAV has declined as compared to the end of the previous month. As of Shrawan’s end 2080 BS, the NAV stood at Rs 10.47.

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

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SIGS2 has a total investment of Rs. 93.16 crores in stocks of 73 listed companies. Such investment stood at Rs 96.68 crores in the previous month. Likewise, the scheme has invested Rs 2.64 crores in debenture/bonds and Rs 8.3 crores in the fixed deposits. As of the end of Bhadra, SIGS2 has a bank balance of Rs 9.77 crores.

In the first two month of the current fiscal year 2080/81, the scheme has posted a gross loss of Rs 5.49 crores. From the fiscal year 2079/80, the scheme has distributed a 6.5 percent cash dividend to its unit-holders.

About SIGS2

Siddhartha Investment Growth Scheme 2 (SIGS2) 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 1.20 Arba. It has a maturity period of 10 years. The fund will retire on Bhadra 9, 2086 BS.

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