Profit Surges And NAV Rises in Magh of Mutual Fund Scheme of Muktinath Capital Limited
Summary
Muktinath Mutual Fund 1's NAV rose to Rs. 10.38 in Magh 2082 with a net profit of Rs. 2.24 Crores, showing improved financial growth.
Key Points
- Muktinath Mutual Fund 1 (MNMF1) is a 10-year closed-end mutual fund managed by Muktinath Capital Limited.
- The NAV of the scheme increased to Rs. 10.38 at the end of Magh 2082 from Rs. 10.23 the previous month.
- The fund has invested Rs. 1.07 Arba in listed shares and Rs. 4.99 Crores in public issues, rights, and bonus shares.
- Muktinath Mutual Fund 1 reported a net profit of Rs. 2.24 Crores in Magh, up from Rs. 27.90 lakhs the previous month.