Up until the end of Bhadra, the Net Asset Value (NAV) of Global IME Samunnat Scheme-1 (GIMES1), a closed-ended 7-year mutual fund scheme managed by Global IME Capital Limited, had reported a decline in its Net Asset Value (NAV).
According to the financial report published today, the mutual fund scheme’s net asset value (NAV) fell to Rs. 22.9 at the end of Bhadra from Rs. 26.01 the month before that, according to the financial report.
It has invested Rs. 2.07 Arba in the shares of publicly traded firms since the scheme’s inception with a total of Rs. 1 Arba in capitalization. As of the end of Bhadra’s fiscal year, it has invested Rs. 4.46 crores in non-listed shares. In a similar vein, it has made an investment of Rs. 8.04 crores in debentures.
The fund has declared a net profit of Rs. 17.38 crores for the month of Bhadra, which ended on March 31. Prior to that, the fund had made a net profit of little more than Rs 48.57 crores in the previous month.