Mutual Funds of RBB Merchant and Global IME Capital Report Slight NAV Decline in Magh
Sun, Feb 27, 2022 10:43 AM on Latest, Mutual Fund,
"RBB Mutual Fund 1" is a closed-end fund, meaning it can be traded in the secondary market. The fund has a maturity period of 7 years. Each unit has a par value of Rs. 10.
According to the financial report published today, the mutual fund scheme’s NAV stands at Rs. 9.88 as of Magh end, 2078 which was Rs. 10.01 in the previous month.
The scheme which began with a total fund of Rs.1 Arba has invested Rs. 43.32 crores in the listed shares and Rs. 3.71 crores in public issues, right shares, and bonus shares. This scheme has Rs. 53.51 crores in the bank balance. The scheme has Rs. 18.75 crores in fixed deposits and has invested Rs. 3.5 crores in bonds and debentures.
RBB Mutual Fund-1 has posted a net loss of Rs. 1.50 crores in the month of Magh. Its profit was Rs. 13.65 lakhs last month.
Likewise; Global IME Samunnat Scheme-1 (GIMES1), a closed-ended 7 years mutual fund scheme managed by Global IME Capital Limited, has reported a fall in its Net Asset Value (NAV) till the end of Magh.
As per the financial report published today, the mutual fund scheme’s NAV has fallen to Rs. 13.19 till the end of Magh from Rs. 13.67 in the month before that.
The scheme, which was launched with a total fund of Rs. 1 Arba, has invested Rs.1.10 Arba in the shares of listed companies. It has invested Rs. 8.72 crores in non-listed shares as of Magh's end. Similarly, it has invested Rs. 7.51 crores in debentures.
The fund has reported a net profit of Rs. 20.53 crores till the month of Magh. In the month before that, the fund saw a net profit of slightly over Rs 24.75 crores.
