"Reliable Samriddhi Yojana" Reports Incline in NAV at Rs. 9.98
Summary
Reliable Samriddhi Yojana mutual fund's NAV increased to Rs. 9.98 in Kartik, 2082, recovering from Rs. 9.74 the previous month, despite a net loss reduction to Rs. 3.54 crores.
Key Points
- Reliable Samriddhi Yojana is a 12-year closed-end mutual fund managed by Reliable Investment and Merchant Capital Limited.
- The NAV increased to Rs. 9.98 as of Kartik, 2082 from Rs. 9.74 the prior month.
- The fund started with Rs. 1.20 Arba and invested Rs. 83.71 crores in listed company shares and Rs. 20.05 crores in bank balances.
- The net loss reduced from Rs. 6.42 crores to Rs. 3.54 crores by the end of Kartik.