NAV of Nabil Balance Fund-1 drops to Rs 15.69, NIBL Samriddhi Fund-1 to Rs 9.82

ShareSansar, May 5:

Nabil Balanced Fund-1, a close-ended five years mutual fund scheme, has posted a slight fall in its net asset value (NAV). The mutual fund scheme’s NAV declined to Rs 15.69 at the end of Chaitra from Rs 16.08 posted last month. Still, the NAV of the fund is above the par value of Rs 10 per unit.

According to the financial report published on May 5, Nabil Balanced Fund has invested Rs 80.62 crore in listed shares, Rs 11.44 crore in debentures, and Rs 4.70 crore in non-listed shares. The fund reported a net loss of Rs 11.11 crore.

Nabil Balanced Fund-1has invested Rs 80.62 crore in the shares of 57 listed companies.

Nepal Investment Bank Limited (NIBL) Samriddhi Fund-1, a 7 years close-ended mutual fund scheme managed by NIBL Capital Market Limited, has reported net asset value (NAV) of Rs 9.82 per unit as on Chaitra end, which is below the par value of Rs 10 per unit.

The scheme’s net asset value (NAV) was at Rs. 9.94 on Falgun end, which indicates a slight decline at the end of Chaitra.

The scheme, which was launched with a total fund of Rs 100 crore, has invested Rs 47.95 crore in listed shares and Rs 2.5 crore on bonds and debentures as of Chaitra end.

NIBL Samriddhi Fund–1 has invested Rs 40.95 crore in the shares of 44 listed companies.