The “Citizens Super 30 Mutual Fund (C30MF),” a closed-end fund with a 10-year maturity, has released its Net Asset Value (NAV) report for the month of Ashwin. The NAV in Ashwin stands at Rs. 10.02, a decrease from Rs. 10.25 a month ago. The fund’s total size is Rs. 75.07 Crores, with investments of Rs. 28.40 crore in listed shares and Rs. 31.84 lakhs in non-listed shares. It has allocated Rs. 10 crore to fixed return assets, Rs. 2.25 crore to debentures, and Rs. 33.73 crore to the bank balance.
However, the fund has reported an increased net loss of Rs. 1.54 crores up to Ashwin, whereas in the previous month, it had a net profit of Rs. 17.69 lakhs.
Additionally, “Citizens Mutual Fund-1 (CMF1),” a 7-year closed-end mutual fund, has published its monthly report for Ashwin 2080. The NAV has decreased to Rs. 9.40 from Rs. 9.75. The fund, which began with a size of Rs. 82 crores, has investments of Rs. 46.52 crores in listed company shares and Rs. 29.90 lakhs in non-listed shares. It has allocated Rs. 4 crores to fixed return assets, Rs. 16.34 crores to debentures, and Rs. 7.71 crore to the bank balance.
CMF1 has reported a net loss of Rs. 6.95 crores until Ashwin, whereas in the previous month, it reported a net loss of Rs. 4.02 crores.
Lastly, “Citizens Mutual Fund-2 (CMF2),” another 7-year closed-end fund offered by Citizens Capital Limited, has released its NAV report for the month of Ashwin, 2080. The NAV has decreased to Rs. 9.16 by the end of Ashwin, down from 9.46 the previous month. The fund started with a size of Rs. 56 crores and invested Rs. 34.92 crores in listed company shares and Rs. 39.93 lakhs in non-listed shares. It allocated Rs. 10.08 crores to debentures and Rs. 3.40 crores to the bank balance.
CMF2 has reported a net loss of Rs. 4.73 crores until the end of Ashwin, with a net loss of Rs. 3.05 crores in the previous month. It’s worth noting that CMF2 distributed an 8% cash dividend to its unitholders for the financial year 2079/80.
