Citizens Mutual Fund 1 and 2 reports NAV of Rs 10.37 and Rs 9.66 respectively
Tue, Dec 31, 2019 10:40 AM on Latest, Mutual Fund, Stock Market,
Citizens Mutual Fund-1 (CMF1) a 7-year closed-end mutual fund scheme has published its monthly report for the month of Mangsir, 2076.
As per the report, the mutual fund has reported increase in Net Assets Value (NAV) to Rs.10.37 from Rs.10.25. The scheme, which began with a fund size of Rs.82 Crore has invested Rs.54.74 Crore in the shares of listed companies and Rs.26.85 Lakhs in non-listed shares.
This scheme has invested Rs.8.24 Crore in fixed deposit and has Rs.16.62 Crore in the bank balance.
The mutual fund is the first mutual fund of CBIL Capital. The scheme is managed by CBIL Capital with Citizens Bank International as the fund sponsor.
It has reported a net loss of Rs.3 Crore till Mangsir which was at net loss of Rs.3.99 Crore till the last month.
Citizens Mutual Fund-2 (CMF2) is CBIL Capital Limited second mutual fund scheme, and is a 7-year closed-end fund. The scheme has published its NAV report for the month of Mangsir, 2076.
As per the report, the mutual fund has published Net Assets Value (NAV) of Rs.9.66 till Mangsir end down from Rs.9.40 last month. The scheme, which began with a fund size of Rs.1 Arba has invested Rs.36.85 Crore in the shares of listed companies and Rs.2.23 crore in non-listed companies.
This scheme has invested Rs.4 Crore in fixed deposit and has Rs.9.51 Crore in the bank balance.
The scheme is managed by CBIL Capital with Citizens Bank International as the fund sponsor.
It has reported a net loss of Rs.1.51 Crore till Mangsir end which was net loss of Rs.2.99 Crore last month.
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