Nabil Balance fund-1 NAV drops slightly to Rs 17.54 till Bhadra end

Nabil Balanced Fund-1 (NBF-1), a close-ended five years mutual fund scheme run by Nabil Investment Banking Limited has reported slight decline in Net Asset Value (NAV). The mutual fund scheme’s NAV decreased to Rs 17.54 at the end of Bhadra from Rs 18.26 posted last month. The NAV of the fund is above the par value of Rs 10 per unit. According to the financial report published today, Nabil Balanced Fund-1 has invested Rs 96.28 crore in listed shares of 61 companies, Rs 11.44 crore in debentures, and Rs4.96 crore in non-listed shares. Out of its total investment in listed shares, Nabil Balance Fund-1 has bought 33,335 unit shares, the highest shares of Nepal Doorsanchar Company Limited. The last traded price of NBF-1in Nepal Stock Exchange Limited stood at Rs13.80 as on September 23. Click Here For Announcement