NMB Sulav Investment Fund NAV improves slightly as scheme approaches maturity; NMB 50 and Hybrid Fund report fall in NAV
Wed, Oct 2, 2019 2:26 PM on Latest, Mutual Fund,
NMB Sulav Investment Fund-1 (NMBSF-1) 5 years closed-end mutual fund scheme’s NAV increased to Rs.10.53 compared to previous month’s NAV of Rs.10.51. The net profit was reported at Rs.84.19 Lakh till the end of Bhadra, 2076.
The mutual fund scheme which began with a total fund of Rs.75 Crore, has investment of Rs.5.68 Crore in the listed shares and Rs.42.04 Lakh in the public issue, right shares and bonus shares. The fund has invested Rs.17.40 Crore in bonds and debentures.
The scheme has total Rs.65.90 Crore in bank balance and the maturity period of this fund is on Kartik 3, 2076.
Out of its total investment in listed shares, NMB Sulav Investment Fund-1 has major investment in Nepal Telecom, Nepal Investment Bank Promoter Shares and Mero Microfinance.
Similarly, NMB Hybrid Fund L-1 (NMBHF-1), 7 years closed-end mutual fund scheme’s NAV decreased to Rs.9.85 in the month of Bhadra compared to NAV of the previous month of Rs.10.04.
The scheme, which began with a fund size of Rs.1 Arba, has invested only Rs.39.32 Crore in listed shares and Rs.1.42 Crore in the public issue, right shares and bonus shares. The fund has invested Rs.19.49 Crore in bonds and debentures.
The scheme has kept Rs.10 Crore in fixed incoming earning instruments and has Rs.37.85 Crore in bank balance.
The net loss till the end of Bhadra month has stood at Rs.1.59 Crore from previous month’s net profit of Rs.31.25 Lakhs.
Out of its total investment in listed shares of 57 companies, NMB Hybrid Fund has major investment in Nepal Telecom, NIB Promoter Shares and Everest Bank.
NMB 50 (NMB50), another 7 year mutual fund scheme managed by NMB Capital has published financial highlights for the month of Bhadra in its short period of operation. The NAV for the period was reported at Rs.9.97.
The scheme began with fund size of Rs.1.25 Arba including seed capital from fund sponsor. The scheme has invested Rs.1.05 Crore in shares of listed companies and no amount in debentures. Amount invested in fixed deposit stands at Rs.4 Crore while the bank balance stands at Rs.1.19 Arba.
By the end of Bhadra, the scheme has reported a net loss of Rs.34.96 Lakhs.
