“Muktinath Mutual Fund 1 (MNMF1)” has released its monthly NAV update for the month of Magh. This is a closed-end mutual fund initiative with a 10-year timeline, overseen by Muktinath Capital Limited.
As per the financial summary, the mutual fund’s NAV is recorded at Rs. 10.04 by the end of Magh, 2081, an increase from Rs. 9.92 in the prior month.
Initiated with a total fund of Rs. 1.25 Arba, the scheme has allocated Rs. 56.61 crore into listed stocks and Rs. 4.84 crore into public offerings, rights shares, and bonus shares. The fund currently holds Rs. 64.71 crores in its bank account. Additionally, it has invested Rs. 8.41 lakh in bonds and debentures.
In the month of Magh, Muktinath Mutual Fund 1 reported a net profit of Rs. 43.91 lakh, recovering from a net loss of Rs. 94.17 lakhs in the previous month.
