Nabil Balanced fund-1 NAV drop to Rs. 16.21 on Kartik end

Nabil Balanced Fund-1 (NBF-1), a close-ended five years mutual fund scheme managed by Nabil Investment Banking Limited has posted a slight fall in its net asset value (NAV). The mutual fund scheme’s NAV slightly declined to Rs 16.21 at the end of Kartik, 2072 from Rs 16.82 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 91.23 crore in the 66 listed companies’ shares, Rs 11.44 crore in debentures, and Rs 5crore in non-listed shares. The fund reported a net profit of Rs 13.01 crore during the same period. Out of its total investment in listed shares Nabil Balanced Fund-1 has bought 34,225 unit shares, the highest, of Siddhartha Bank Limited.