Kumari Equity Fund earned a profit of over Rs 70 million

Jul Sun 2021 06:03:45

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Kumari Equity Fund earned a profit of over Rs 70 million

Kathmandu. The Kumari Equity Fund, which operates under the Kumari Collective Investment Fund, has made public its unrevised financial statements up to mid-July. According to the public financial statement, the scheme has made a profit of Rs. 71.681 million so far.

The scheme, which operates with the main objective of investing in the securities of companies listed in the securities secondary market, has raised Rs. It has invested Rs. 732.68 million.

By mid-July, the scheme will provide Rs. 150 million while the market value of the shares invested in listed shares, debenture bonds and public issue shares totaled Rs. 593 million 29 thousand has been established. The market value of the scheme is lower than the actual value of investments made in securities other than bank term deposits.