Improvement in NAV of NMB Sulav Investment, NIBL Sambriddhi and Laxmi Value fund

ShareSansar September 1:

NMB Sulav Investment Fund – 1 (NMBSF1)— a closed-end 5 years mutual fund scheme promoted by NMB Bank Limited, and operated by the bank’s subsidiary NMB Capital Limited—has reported slight growth in net asset value (NAV).

According to the financial report published today, the mutual fund scheme’s NAV inched up to Rs 11.94 in Shrawan end from Rs10.24 in Ashad end. The NAV of the fund is above the par value of Rs 10 per unit

The scheme, which began with a total fund of Rs 75 crore, has invested Rs 62.46 crore, Rs 2.45 crore in public issues, rights shares and bonus shares. The scheme has invested in 705,251 kittas of 67 listed companies.

NMBSF-1has reported a net profit of Rs 1.28 crore for the month of Shrawan up from net loss of 1.87 lakh in last month.

Out of its total investment in listed shares, NMB Sulav Investment Fund – 1has bought 31,105 unit shares,the highest shares of Nepal Doorsanchar Company Limited.

Likewise, Laxmi Value Fund-1 (LVF-1), a closed-ended 5 years mutual fund scheme managed by Laxmi Capital Market Limited, has reported slight increment in Net Asset Value (NAV)  

As per the financial report published today, the mutual fund scheme’s NAV rose to Rs 11.02 in the Shrawan end from Rs10.24 in Ashadend. The NAV of the fund is above the par value of Rs 10 per unit

The scheme, which began with a fund size of Rs 50 crore, has invested Rs 22.90 crore in the shares of listed companies and Rs 84.66 lakh in public issues. The scheme has invested in 230,035 kittas of 32 listed companies.

LVF-1 hasreported a net profit of Rs 5.11 crorefor the month ofShrawan up from Rs 1.21 crore in previous month.

Out of its total investment in listed shares,Laxmi Value Fund– 1 has bought 20, 351 unit shares,the highest shares ofChilime Hydropower Company limited.

Similarly, NIBLSamriddhi Fund-1 (NIBSF1), a 7 years close-ended mutual fund scheme managed by NIBL Capital Market Limited, has reported net asset value (NAV) of Rs 11.09 per unit as on Shrawan end up from Rs 9.97 in the month of  Ashad.

The scheme, which was launched with a total fund of Rs 100 crore, has invested Rs 64.84 crore in listed shares, Rs 3.30 crore on bonds and debentures and Rs 2.79 crore in public issues as of Shrawan end. The scheme has invested in 54 listed companies.

NIBSF1 hasreported a net profit of Rs 11.12 crore for the month of Shrawan from the net loss of Rs 26.36 lakh in previous month.

Out of its total investment in listed shares,NIBL Samriddhi Fund-1has bought 38,285unit shares,the highest shares of Nepal Bangladesh Bank limited.