March 28, 2024, Thursday

Laxmi Unnati Kosh’s NAV increased; What is it’s current NAV?

Kathmandu, March 26

By the end of Falgun, Net Asset Value (NAV) of Laxmi Unnati Kosh has increased. The kosh is operated under Laxmi Mutual Fund. As of Magh, the NAV was Rs. 12.55 by the end of Fagun the NAV has reached 13.23. Along with NAV, the profit of the scheme has also increased.

In Magh, the scheme made a profit of Rs. 16 crore 62 lakh, while in Falgun it made a profit of Rs. 21 crore 8 lakh 45 thousand. The increase in the share price of the companies in the stock market in the month of Falgun is due to the increase in profit. The cost of the investment made by the scheme in Falgun is Rs. 41 crore 55 lakh 79 thousand with a market value of Rs. 52 crore 8 lakh 53 thousand. The market value is higher than the cost price of the investment of the scheme.