The net worth of Laxmi's mutual funds has increased

Oct Fri 2020 11:28:58

458 views

The net worth of Laxmi's mutual funds has increased

Kathmandu: The net asset value (NAV) of Laxmi Equity Fund has stood at Rs 11.4 per unit as of mid-October. This is 06 paise more than the previous month. In August, its net profit was Rs 10.98. The investment in the shares of the listed company has reached Rs. 775.28 million in mid-October.

 In August, the fund had invested Rs 756.21 million in shares of listed companies. Similarly, the bank balance, which was Rs 467.15 million in August, has reached Rs 497.44 million in September. During this period, the fund has held 1.849 million shares of 62 listed companies.

 Meanwhile, the net profit of Laxmi Unnati Kosh has increased by 1 paise to Rs 10.05 paise in mid-October. In August, its net profit was Rs 10.04. By mid-October, the investment in listed shares has been increased to Rs. 136.63 million. Last month, the share investment was only Rs 182.70 million.

 The bank balance of Laxmi Unnati Kosh is Rs. 484.33 million. Bank balances, on the other hand, declined compared to the previous month. Last month, the fund had a bank balance of Rs 637.23 million. The fund has invested in a total of 29 listed companies.