NAV of Nabil Balance Fund-1 inches up to Rs 21.36; Highest Investment in Sanima Bank

Nabil Balanced Fund-1, a close-ended five years mutual fund scheme managed by Nabil Investment Banking Limited has posted growth in its net asset value (NAV). According to the financial report published yesterday, the mutual fund scheme’s NAV inches up to Rs 21.36 at the end of Chaitra, 2072 from Rs 20.70 posted last month. The NAV of the fund is above the par value of Rs 10 per unit. The scheme, which began with a total fund of Rs 75 crore, has invested Rs 1.16 arba  in the  77 listed companies shares, Rs 11.44 crore in debentures, and Rs 19.03 crore in non-listed shares as of Chaitra end . The fund reported a net profit of Rs 51.65 crore in the month of Chaitra up from Rs 46.70 crore last month. Its profit increases by 10.60 percent. Out of its total investment in listed shares, Nabil Balanced Fund-1 has bought 43,756 unit shares, the highest shares of Sanima Bank Limited.