Laxmi Equity Fund (LEMF), a closed-end 7 years equity-oriented mutual fund scheme managed by Laxmi Capital Market Limited, has reported a fall in NAV to Rs. 11.50 from Rs. 11.72 in the month of Baisakh.
The scheme, which began with a fund size of Rs. 1.25 Arba has invested Rs. 94.4 crore in listed shares of different companies.
LEMF has invested Rs. 28.44 lakhs in public offerings and Rs. 5.41 crores in bond/debentures. This mutual fund has Rs. 17 crores as fixed deposits and has Rs. 26.12 crores as a bank balance.
It has reported a net profit of Rs. 13.57 crores till Baisakh. In the previous month, the profit was Rs. 16.40 crores.
Similarly, Laxmi Capital Market Limited has also published the…
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