Global IME Capital Unveils NAV Report of its 2 Mutual Funds for the Month of Mangsir
Fri, Dec 30, 2022 10:41 AM on Latest, Mutual Fund,
The NAV report of "Global IME Balanced Fund – 1 (GIBF1)" has been unveiled for the month of Mangsir.
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. 9.88 in Mangsir which was Rs. 9.87 in the previous month. The fund has invested Rs. 26.39 crores in listed shares, Rs. 1.67 crores in non-listed shares, and Rs. 12 crores in fixed deposits. The fund still has Rs. 55.96 crores in the bank and other assets worth Rs. 5.34 crores.
The fund was at a net loss of Rs. 1.25 crores in Mangsir. In the month before that, the fund saw a net loss of Rs. 1.31 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 slight fall in its Net Asset Value (NAV) till the end of Mangsir.
As per the financial report published, the mutual fund scheme’s NAV has risen to Rs. 9.11 by the end of Mangsir from Rs. 9.12 in the month before that.
The scheme, which was launched with a total fund of Rs. 1 Arba, has invested Rs. 71.89 crores in the shares of listed companies. It has invested Rs. 28.06 lakhs in non-listed shares as of Mangsir's end. Similarly, it has invested Rs. 7.05 crores in debentures.
The fund has reported a net loss of Rs. 38.96 crores till the month of Mangsir. In the month before that, the fund saw a net loss of Rs. 38.86 crores.
