Global IME Capital Unveils NAV Report of its 2 Mutual Funds for the Month of Magh
Mon, Feb 27, 2023 12:00 PM on Latest, Mutual Fund,
The NAV report of "Global IME Balanced Fund – 1 (GIBF1)" has been unveiled for the month of Magh.
The "Global IME Balanced Fund – 1" is a closed-end fund and has a maturity period of 10 years. Global IME Balanced Fund – 1 has a fund size of Rs. 1.02 Arba.
The NAV stands at Rs. 10.39 in Magh which was Rs. 10.51 in the previous month. The fund has invested Rs. 79.23 crores in listed shares, Rs. 4.6 crore in non-listed shares, and Rs. 8 crores in fixed deposits. The fund has Rs. 2.32 crores in the bank and other assets worth Rs. 24.58 crores.
The fund was at a net profit of Rs. 3.99 crores in Magh. In the month before that, the fund saw a net profit of Rs. 5.21 crores.
Similarly, Global IME Samunnat Scheme-1 (GIMES1), a closed-ended 7 years mutual fund scheme managed by Global IME Capital Limited, has reported a rise in its Net Asset Value (NAV) till the end of Magh.
As per the financial report published, the mutual fund scheme’s NAV has fell to Rs. 10.45 by the end of Magh from Rs. 10.51 in the month before that.
The scheme, which was launched with a total fund of Rs. 1 Arba, has invested Rs. 95.66 crores in the shares of listed companies. It has invested Rs. 2.6 crores in non-listed shares as of Magh's end. Similarly, it has invested Rs. 7.22 crore in debentures, and Rs. 3 crore in fixed deposits.
The fund has reported a net loss of Rs. 25.53 crores till the month of Magh. In the month before that, the fund saw a net loss of Rs. 24.96 crores.
