NAV of Nabil Equity Fund stands at Rs.9.02 while that of Nabil Balance Fund-2 stands at Rs.10.04 till the month of Asadh

Wed, Jul 31, 2019 1:17 PM on Financial Analysis, Latest, Mutual Fund,

Nabil Equity Fund (NEF), a closed-end 7 years mutual fund scheme managed by Nabil Investment Limited with Nabil Bank Limited as the fund sponsor, has published its monthly NAV report with decrement for the month of Asadh end. The latest NAV stands at Rs 9.02 which was Rs 9.08 in the previous month.

The scheme, which began with a fund size of Rs 1.25 Arba, has invested Rs 65.28 crore in the shares of 58 listed companies and Rs 2.63 crore on non-listed companies. It has invested Rs 12.50 crore in fixed deposit schemes and Rs 25 lakhs in debentures.

It has reported a net profit of Rs 4.47 crore till the month of Asadh which previously was at Rs 5.28 crore at the end of Jestha month.

Out of its total investment in listed shares, NEF has the highest investment of Rs 6.64 crore in 27,370 unit shares of Citizen Investment Trust.

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

The recently listed mutual fund scheme has published NAV report for the month of Asadh. The latest NAV stands at Rs 10.04 till Asadh end.

The scheme, which began with a fund size of Rs 1.12 Arba, has invested Rs 15.21 crore in the shares of 23 listed companies and Rs 2.09 crore on non-listed companies. It has invested Rs 11.20 crore in fixed deposit schemes and Rs 11.61 crore in debentures.

It has reported a net profit of Rs 44.97 lakhs till the month of Asadh.

Out of its total investment in listed shares, NEF has the highest investment of Rs 1.62 crore in 48,267 unit shares of Nepal Bank Limited.