NIBL Samriddhi Fund-1 (NIBSF1), a 7-year closed-end mutual fund scheme managed by NIBL Ace Capital Limited, has reported an increase in Net Asset Value (NAV) on Falgun end.
According to the financial report published today, the mutual fund scheme’s NAV stands at Rs 11.44 on Falgun end as compared to Rs.11.30 in the previous month.
The scheme which was started with a total fund of Rs.1 Arba has invested Rs.79.35 Crore in listed shares, Rs.1.13 Crore in public issues, rights shares and bonus shares and Rs.5 Crore in debentures.
NIBSF1 reported a net profit of Rs 14 Crore for Falgun which was a net profit of Rs.12.59 Crore till the month of Magh.
The scheme has Rs.10 Crore in fixed deposits and has Rs 18.37 Crore in the bank balance.
NIBL Pragati Fund (NIBLPF), a 7-year closed-end mutual fund scheme managed by NIBL Ace Capital Limited, a wholly-owned subsidiary of Nepal Investment Bank, has reported an increase in NAV as on Falgun end reaching Rs 9.73 from Rs. 9.63 in last month.
The scheme, which was launched with a total fund of Rs.75 Crore, has invested Rs.65.33 Crore in listed shares of companies and Rs.1.44 crore in public issues, rights shares and bonus shares.
NIBLPF reported a net profit of Rs.10.86 Crore till the month of Falgun, up from a net profit of Rs.10.09 Crore in the last month.
This scheme has no fund in fixed deposits and debenture and has Rs.5.18 Crore in the bank balance.
NIBL Sahabhagita Fund is NIBL Ace Capital Fund Scheme and is the first open-ended fund. This fund is not tradeable at Nepal Stock Exchange like other close-ended fund and it has no fixed maturity period. The fund has issued only 1.25 Crore units worth Rs.12.50 Crore to the general public.
According to the financial report published today, the mutual fund scheme’s NAV stands at Rs.10.62 on Falgun end compared to Rs.10.61 posted in the month of Magh.
The scheme has invested Rs.8.03 Crore in listed shares and Rs.2 Crore in fixed deposit.
The scheme reported a net profit of Rs.11.59 crore till Falgun end against a net profit of Rs.1.32 crore till the month of Poush.
The scheme has invested Rs 20 lakh in debentures and has Rs.7.57 Crore in the bank balance.