NAV of NMB Hybrid Fund L-1 at Rs. 11.5 and of NMB 50 at Rs. 10.97; both fund NAV rises slightly in Shrawan
Thu, Aug 27, 2020 10:26 AM on Latest, Mutual Fund,
NMB Capital Limited has published the Net Assets Value (NAV) of NMB Hybrid Fund L-1 and NMB 50 till Shrawan, 2077.
NMB Hybrid Fund L-1 (NMBHF-1), 7 years closed-end mutual fund scheme’s NAV increased silightly to Rs. 11.50 in the month of Shrawan compared to NAV of the previous month of Rs. 11.48.
The scheme, which began with a fund size of Rs.1 Arba, has invested only Rs. 48.49 crores in listed shares and Rs. 1.77 crores in the public issue, right shares, and bonus shares. The fund has invested Rs. 30.32 crores in bonds and debentures.
The scheme has kept Rs. 15 crores in fixed deposits and has Rs. 19.2 crores as a bank balance.
The net profit till the end of Shrawan month stands at Rs. 22.31 lakhs.
NMB 50 (NMB50), another 7-year mutual fund scheme managed by NMB Capital has also published financial highlights for the month of Shrawan. The NAV for the period was reported at Rs. 10.97 up from Rs. 10.9 reported in the previous month.
The scheme began with a fund size of Rs.1.25 Arba including seed capital from fund sponsor. The scheme has invested Rs. 57.53 crores in shares of listed companies and Rs. 1.39 crores in the public issue, right shares, and bonus shares. Amount invested in fixed deposit stands at Rs. 18.75 crores while the bank balance stands at Rs. 47.78 crores.
By the end of Shrawan, the scheme has reported a net profit of Rs. 81.53 lakhs. In the previous month, the scheme was at a net profit of Rs. 11.25 crores.
