Nabil Equity Fund reports NAV of Rs 8.77; Nabil balanced Fund 2 climbs out of loss reporting net profit of Rs 86.59 lakh

Nabil Equity Fund (NEF), a closed-end 7 year mutual fund scheme managed by Nabil Investment Banking Limited with Nabil Bank Limited as the fund sponsor, has published its monthly NAV report for the month of Mangsir. The latest NAV stands at Rs.8.77 which was Rs.8.59 in the previous month.

The scheme, which began with a fund size of Rs.1.25 Arba, has invested Rs.67.37 crore in the shares of listed companies and Rs.1.93 crore on non-listed companies. It has invested Rs.12.50 crore in fixed deposit schemes and has invested Rs.8.88 crore in debentures.

It has reported a net loss of Rs.3.04 crore till the month of Mangsir, 2076 which was a loss of Rs.5.29 crore till the month of Kartik.

Announcement

Nabil Balance Fund II (NBF2) is Nabil Investment Banking Limited third mutual fund scheme, and is a 10-year closed-end fund. The scheme is managed by Nabil Investment Banking Limited with Nabil Bank Limited as the fund sponsor.

The listed mutual fund scheme has published NAV report for the month of Mangsir. The latest NAV stands at Rs.10.12 till Mangsir end which was Rs.9.92 till Kartik end.

The scheme, which began with a fund size of Rs.1.12 Arba, has invested Rs.33.59 crore in the shares of listed companies and Rs.2.09 crore on non-listed companies. It has invested Rs.6.20 crore in fixed deposit schemes and Rs.14.61 crore in listed debentures.

It has reported a net profit of Rs.86.59 lakh till Mangsir, 2076 which was at net loss of Rs.1.33 crore till the month of Kartik.

Announcement