Income of Laxmi Value Fund-1 grow by 57.48%

Kathmandu December 27- Laxmi Value Fund-1 (LVF-1), a closed-ended 5 years mutual fund scheme managed by Laxmi Capital Market Limited, has reported minor growth in Net Asset Value (NAV). Its NAV has increased to Rs. 11.02 in the Mangsir end from Rs.10.65 in the month of Kartik.

The scheme, which began with a fund size of Rs 500 million, has invested Rs. 217 million in the shares of listed companies and Rs 10.9 million in public issues. The scheme has invested in 279,035 units of 43 listed companies.

Out of its total investment in listed shares, Laxmi Value Fund has bought 28,218 unit shares, the highest, of Chilime Hydropower Company Limited.