How did the Mutual Funds of NIBL Ace Capital Performed in the Month of Mangsir?
Wed, Dec 28, 2022 11:40 AM on Latest, Mutual Fund,
NIBL Ace Capital Limited has published the Net Asset Value (NAV) till Mangsir, 2079 of all three of its funds.
NIBL Pragati Fund (NIBLPF)
NIBL Pragati Fund (NIBLPF), a 7 years closed-end mutual fund scheme managed by NIBL Ace Capital Limited, a wholly-owned subsidiary of Nepal Investment Bank has reported a fall in its net asset value (NAV) for the month of Mangsir.
According to the financial report published, the mutual fund scheme’s NAV has declined to Rs. 9.81 as of Mangsir end, 2079 which was Rs. 9.83 in the previous month.
The scheme which began with a total fund of Rs. 75 crore has invested Rs. 46.96 crores in the listed shares and Rs. 13.50 crores in public issues, right shares, and bonus shares. This scheme has Rs. 12.93 crores in the bank balance.
NIBLPF has posted a net loss of Rs. 1.46 crores in the month of Mangsir. The loss was Rs. 1.32 crores in the month before that.
NIBL Sahabhagita Fund (NIBLSF)
NIBL Sahabhagita Fund (NIBLSF) is NIBL Ace Capital's fund scheme and is the first open-ended fund. This fund is not tradable at Nepal Stock Exchange like other closed-ended funds and it has no fixed maturity period.
The fund size as of Mangsir is Rs. 99.05 crores which was Rs. 92.35 crores a month ago.
According to the financial report published today, the fund scheme’s NAV stands at Rs. 9.95 as of Mangsir end, 2079 which was Rs. 9.96 in the previous month.
The scheme has invested Rs. 35.68 crores in the listed shares and Rs. 10.53 crores in public issues, right shares, and bonus shares. It has 13.85 crores in fixed deposits and has invested 6.4 crores in bonds and debentures.
This scheme has Rs. 31.71 crores in the bank balance. NIBL Sahabhagita Fund has posted a net loss of Rs. 44.06 lakhs in the month of Mangsir. The loss was Rs. 32.47 lakhs last month.
NIBL Samriddhi Fund - II (NIBSF2)
NIBL Samriddhi Fund - II (NIBSF) has also unveiled its NAV report.
The fund has the size of Rs. 1.5 Arba. The NAV for the month of Mangsir stands at Rs. 8.44, which was same last month as well.
Rs. 64.83 crores of the fund are invested in listed shares and Rs. 12.28 crores in bonds and debentures. Rs. 22 crores of the fund are in fixed deposits and Rs. 10.73 crores in bank deposits. The fund has invested Rs. 16 crores in public issue and has Rs. 1.10 crores worth of other assets.
The fund is at a net loss of Rs. 1.75 crores in Mangsir. In the month before that, it was at a loss of Rs. 1.78 crores.
