Citizens Mutual Fund-1 (CMF1) and Citizens Mutual Fund-2 (CMF2) Report Higher NAV in Poush

Citizens Mutual Fund-1 (CMF1), a 7-year closed-end mutual fund scheme has published its monthly report for the month of Poush, 2078. 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.

As per the report, a mutual fund has reported a rise in Net Assets Value (NAV) to Rs 11.53 from Rs 10.12. The scheme which began with a fund size of Rs 82 crore has invested Rs 67.56 crore in the shares of listed companies and Rs 1.37 lakhs in non-listed shares.

This scheme has invested Rs 3 crore in fixed return assets and has Rs 5.88 crore in the bank balance.

It has reported a net profit of Rs 1.81 crores till Poush. The fund had reported a net loss of Rs. 9.74 crores in the previous month.

Report

Citizens Mutual Fund-2 (CMF2) is CBIL Capital Limited's second mutual fund scheme and is a 7-year closed-end fund. The recently launched scheme has published its NAV report for the month of Poush, 2078. The scheme is managed by CBIL Capital with Citizens Bank International as the fund sponsor.

As per the report, the mutual fund has reported a rise in its Net Assets Value (NAV) to Rs 12.56 till Poush's end from Rs 11.1 in the month before that. The scheme, which began with a fund size of Rs 1 Arba has invested Rs 49.63 crore in the shares of listed companies and Rs 1.14 lakhs in non-listed shares.

This scheme has invested Rs 4 crore in fixed return assets and has Rs 8.69 crore in the bank balance.

It has reported a net profit of Rs 2.12 crore till Poush's end. It had reported a net loss of Rs 6.05 crores in the previous month.

Report