Nabil Equity Fund’s NAV stands at Rs 8.66 as of Ashadh end; Net loss increased to Rs 16.35 crore
Mon, Jul 30, 2018 2:14 AM on Financial Analysis, Latest, Mutual Fund, Stock Market,
Nabil Equity Fund (NEF), a closed-end seven years mutual fund scheme managed by Nabil Investment Banking Limited has posted decrease in its Net Asset Value by Rs 0.13 per unit.
According to the financial report published today, the mutual fund scheme’s NAV declined to Rs 8.66 at the end of Ashadh, 2075 from Rs 8.79 posted in previous month, 2075.
The NAV of the fund is below the par value of Rs 10 per unit.
The scheme, which began with a total fund of Rs 1.25 arba, has investment of Rs 65.82 crore in 56 listed companies’ shares and Rs 12.50 crore in fixed deposits as of Ashadh end.
The fund reported a net loss of Rs 16.35 crore in Ashadh from net loss of Rs 14.74 crore last month.
Out of its total investment in listed shares, Nabil Equity Fund has invested the highest amount in the 22,423 unit shares worth Rs 5.60 crore of Citizen Investment Trust.
Also See: Mutual Funds and their latest NAVs
