Mixed Results for Machhapuchchhre Capital Mutual Funds in Chaitra
MBL Equity Fund's NAV dipped slightly to Rs 11.34, while Machhapuchchhre SIP Yojana saw a significant jump to Rs 11.61 as per the latest monthly financial reports.
Machhapuchchhre Capital Limited has unveiled the Chaitra (2082) performance for its two major schemes. The closed-ended MBL Equity Fund saw its NAV ease to Rs 11.34 from the previous month's Rs 11.46, recording a monthly profit of Rs 10.91 Crores. Conversely, the open-ended Machhapuchchhre SIP Yojana showed strong growth, with its NAV surging to Rs 11.61 from Rs 10.58, and monthly profits climbing to Rs 5.24 Crores. Both funds maintain heavy investments in listed shares, totaling over Rs 1.24 Arba combined.