NAV of NIC Asia Growth Fund stands at Rs 11.11 for Shrawan 2076; Net profit stands at Rs 80.10 lakh
Wed, Aug 28, 2019 1:23 PM on Latest, Mutual Fund, Stock Market,
NIC Asia Growth Fund (NICGF), a closed-end 7 years mutual fund scheme managed by NIC Asia Capital Limited with NIC Asia Bank Limited as the fund sponsor, has published its monthly NAV report with its NAV declining to Rs 11.11 for the month of Shrawan 2076. The NAV stood at Rs 11.18 in the previous month.
The scheme, which began with a fund size of Rs 83.52 crore, has invested Rs 53.09 crore in the shares of listed companies and Rs 1.04 crore on non-listed companies. It has invested Rs 8.35 crore in fixed deposit schemes. This scheme has the investment of Rs 1.73 crore in debenture and has Rs 26.72 crore as bank balance.
It has reported a net profit of Rs 80.10 lakh till the month of Shrawan which previously was Rs 9.19 at the end of Ashad 2076.
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