Nabil Balance Fund-1 Net Assest Value (NAV) rises to Rs 16.26
Tue, Feb 24, 2015 12:00 AM on Mutual Fund, Others,
ShareSansar, February 24:
Nabil Balance Fund-1 has posted a slight jump in its net asset value (NAV). The mutual fund scheme, run by Nabil Mutual Fund, reported an increment in NAV to 16.26 at the end of Magh from the 15.68 posted last month.
As per a financial report published on February 24, the scheme is at a net loss of Rs 6.84 crore this month, an improvement from Rs 11.17 crore that was reported last month.
The fund has Rs 16.26 crore in bank deposits.
The fund has invested Rs 75.41 crore in listed shares and Rs 11.44 crore in debentures. The fund has also invested Rs 10.93 crore in unlisted shares.
Nabil Balance Fund has share investments in 57 companies, with the highest number of investment in the shares of Century Commercial Bank (40,833) followed by Sanima Bank (34,759) and Nepal Telecom (33,335).
