Ashwin end NAV of Nabil Equity Fund and Nabil Balance Fund 2 stands at Rs.8.59 and Rs.9.96 respectively; both schemes report loss

Nabil Equity Fund (NEF), a closed-end 7 year mutual fund scheme managed by Nabil Investment Limited with Nabil Bank Limited as the fund sponsor, has published its monthly NAV report with decrement for the month of Ashwin. The latest NAV stands at Rs.8.59 which was Rs.8.65 in the previous month.

The scheme, which began with a fund size of Rs.1.25 Arba, has invested Rs.63.45 crore in the shares of listed companies and Rs.2.35 crore on non-listed companies. It has invested Rs.12.50 crore in fixed deposit schemes and has invested Rs.8.88 crore in debentures.

It has reported a net loss of Rs.5.40 crore till the month of Ashwin, 2076 which was a loss of Rs.4.58 crore till the month of Bhadra.

Out of its total investment in listed shares, NEF has the highest investment of Rs.4.86 crore in 27,370 unit shares of Citizen Investment Trust.

Nabil Balance Fund II (NBF2) is Nabil Investment Banking Limited third mutual fund scheme, and is a 10-year closed-end fund. The scheme will be managed by Nabil Investment Banking Limited with Nabil Bank Limited as the fund sponsor.

The listed mutual fund scheme has published NAV report for the month of Ashwin. The latest NAV stands at Rs.9.96 till Ashwin end which was Rs.9.94 till Bhadra end.

The scheme, which began with a fund size of Rs.1.12 Arba, has invested Rs.27.40 crore in the shares of listed companies and Rs.2.92 crore on non-listed companies. It has invested Rs.7.78 crore in fixed deposit schemes and Rs.11.61 crore in debentures.

It has reported a net loss of Rs.91.24 Lakhs till Ashwin, 2076 which was at loss of Rs.1.15 crore till the month of Bhadra.

Out of its total investment in listed shares, NBF II has the highest investment of Rs.2.33 crore in 88,216 unit shares of Prabhu Bank Limited.