Decline in NAV and Profitability in Baisakh for Mutual Funds of Nabil Invest

Nabil Equity Fund (NEF), a closed-end 7-year mutual fund scheme managed by Nabil Investment Banking Limited with Nabil Bank Limited as the fund sponsor, has published its monthly NAV report for the month of Baisakh. The latest NAV stands at Rs. 16.99 which was Rs. 17.24 in the previous month.

The scheme, which began with a fund size of Rs.1.25 Arba, has invested Rs. 1.64 Arba in the shares of listed companies and Rs. 90.94 lakhs on non-listed shares. It has invested Rs. 20.5 crore in fixed deposit schemes and has invested Rs. 12.12 crore in debentures.

It has reported a net profit of Rs. 86.99 crore till the month of Baisakh, 2077 which was Rs 90.14 crore in the previous month.

Announcement

Nabil Balanced Fund 2 (NBF2) is Nabil Investment Banking Limited's third mutual fund scheme and is a 10-year closed-end fund. The scheme is managed by Nabil Investment Banking Limited with Nabil Bank Limited as the fund sponsor.

The listed mutual fund scheme has published the NAV report for the month of Baisakh. The latest NAV stands at Rs. 16.26 till Baisakh end which was Rs. 16.35 in the previous month.

The scheme, which began with a fund size of Rs.1.12 Arba, has invested Rs. 1.39 Arba in the shares of listed companies and Rs. 1.07 crores on non-listed shares. It has invested Rs. 6.20 crore in fixed deposit schemes and Rs. 21.74 crore in listed debentures.

It has reported a net profit of Rs. 67.6 crore till Baisakh, 2077. The fund was at a net profit of Rs. 68.64 crore in the previous month.

Announcement