NAV of Citizens Mutual Fund 1 and 2 stands at Rs 11.47 and Rs 9.77 as on Shrawan end 2076
Sun, Sep 1, 2019 12:13 PM on Latest, Mutual Fund, Stock Market,
Citizens Mutual Fund-1 (CMF1) a 7-year closed-end mutual fund scheme has published its monthly report for the month of Shrawan, 2076.
As per the report, a mutual fund has reported a minimal increase in Net Assets Value (NAV) to Rs 11.47 from Rs 11.35. The scheme, which began with a fund size of Rs 82 crore has invested Rs 67.22 crore in the shares of listed companies and Rs 7.56 crore in non-listed shares.
This scheme has invested Rs 8 crore in fixed deposit and has Rs 11.58 crore in the bank balance.
The mutual fund is the first mutual fund of CBIL Capital. The scheme is managed by CBIL Capital with Citizens Bank International as the fund sponsor.
It has reported a net profit of Rs 26.20 lakh till Shrawan which was Rs 9.26 crore till the last month.
Citizens Mutual Fund-2 (CMF2) is CBIL Capital Limited second mutual fund scheme, and is a 7-years closed-end fund. The recently launched scheme has published its NAV report for the month of Shrawan, 2076.
As per the report, a mutual fund has reported Net Assets Value (NAV) of Rs 9.77 till Shrawan end down from Rs 9.92 last month. The scheme, which began with a fund size of Rs 1 arba has invested Rs 33 crore in the shares of listed companies but hasn't invested any fund in non-listed companies.
This scheme has invested Rs 4 crore in fixed deposit and has Rs 18.04 crore in the bank balance.
The scheme is managed by CBIL Capital with Citizens Bank International as the fund sponsor.
It has reported a net loss of Rs 91.65 Lakhs till Shrawan end which was net loss of Rs 42.03 lakh last month.
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