Sunrise First Mutual Fund (SFMF) Reports Net Asset Value Of Rs. 11.32

September 30, 2022 | Investopaper

Sunrise First Mutual Fund (SFMF) has reported a Net Asset Value (NAV) of Rs 11.32 until the end of Bhadra, 2079 BS. As per the published monthly report, the scheme has shown a drop in NAV as compared to the end of the previous month. As of Shrawan’s end 2079 BS, the NAV stood at Rs 12.90.


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SFMF has a total investment value of Rs 58.42 crores in stocks of listed companies. Such investment stood at Rs 61.11 crores in the previous month. Likewise, the scheme has invested Rs 18.07 crores in debenture/bonds and Rs 13 crores in the fixed deposits. As of the end of Bhadra, SFMF has a bank balance of Rs 17.27 crores.

In the first two months of the fiscal year 2079/80, the scheme has posted a gross loss of Rs 2.22 crores. In the fiscal year 2078/79, the scheme had distributed a 12 percent cash dividend to its unit-holders.

About SFMF

Sunrise First Mutual Fund (SFMF) is a close ended-mutual fund scheme operated by the fund manager Sunrise Capital Limited under Sunrise Mutual Fund. The fund has a size of Rs 86 crores. It has a maturity period of 10 years. The fund will retire on Karthik 18, 2086 BS.


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