Both Mutual Funds of Nabil Investment Bank reports loss for the month of Shrawan; NAV of NEF and NBF II stands at Rs 9.01 and Rs 10 respectively

Nabil Equity Fund (NEF), a closed-end 7 years 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 Shrawan. The latest NAV stands at Rs 9.01 which was Rs 9.02 in the previous month.

The scheme, which began with a fund size of Rs 1.25 Arba, has invested Rs 65.35 crore in the shares of 60 listed companies and Rs 2.33 crore on non-listed companies. It has invested Rs 12.50 crore in fixed deposit schemes and has removed its investments in debentures.

It has reported a net loss of Rs 9.28 lakh till the month of Shrawan, 2076 which was a profit of Rs 4.47crore till the month of Asadh.

Out of its total investment in listed shares, NEF has the highest investment of Rs 6.48 crore in 27,370 unit shares of Citizen Investment Trust.

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

The recently listed mutual fund scheme has published NAV report for the month of Shrawan. The latest NAV stands at Rs 10 till Shrawan end which was Rs 10.04 till Ashad end.

The scheme, which began with a fund size of Rs 1.12 Arba, has invested Rs 23.93 crore in the shares of 32 listed companies and Rs 2.09 crore on non-listed companies. It has invested Rs 11.20 crore in fixed deposit schemes and Rs 11.61 crore in debentures.

It has reported a net loss of Rs 40.27 lakh till Shrawan, 2076 which was a profit of Rs 44.97 lakhs till the month of Asadh.

Out of its total investment in listed shares, NBF II has the highest investment of Rs 2.37 crore in 88,216 unit shares of Prabhu Bank Limited.

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