NIBL Ace Capital Publishes NAV of NIBSF1, NIBLPF, and NIBL Sahabhagita Fund for Ashad

NIBL Ace Capital Limited has published the Net Asset Value (NAV) till Ashad, 2077 of all three of its funds.

NIBL Samriddhi Fund-1 (NIBSF1)

NIBL Samriddhi Fund-1 (NIBSF1), a 7-year closed-end mutual fund scheme managed by NIBL Ace Capital Limited has reported an increase in its net asset value (NAV) for the month of Ashad.

According to the financial report published today, the mutual fund scheme’s NAV stands at Rs. 11.6 as of Ashad end, 2077 which was Rs. 10.39 in the previous month.

The scheme which began with a total fund of Rs.1 Arba has invested Rs. 74.74 crores in the listed shares and Rs. 86.49 lakhs in public issues, right shares, and bonus shares. The scheme has Rs. 10 crores in fixed deposits and has invested Rs. 5 crores in bond and debenture as of Ashad 2077.

This scheme has Rs. 21.37 crores in the bank balance. This figure stood at Rs. 18.11 crores in the previous month.

NIBSF1 has posted a net profit of Rs. 15.57 crores in the month of Ashad.

NIBL Pragati Fund (NIBLPF)

NIBL Pragati Fund (NIBLPF), a 7 years closed-end mutual fund scheme managed by NIBL Ace Capital Limited, a wholly-owned subsidiary of Nepal Investment Bank has reported an increase in its net asset value (NAV) for the month of Ashad.

According to the financial report published today, the mutual fund scheme’s NAV stands at Rs. 9.86 as of Ashad end, 2077 which was Rs. 8.54 in the previous month.

The scheme which began with a total fund of Rs.75 crores has invested Rs. 64.11 crores in the listed shares and Rs. 1.08 crores in public issues, right shares, and bonus shares.

This scheme has Rs. 8.21 crores in the bank balance. This figure stood at Rs. 6.13 crores in the previous month.

NIBLPF has posted a net profit of Rs. 11.83 crores in the month of Ashad.

NIBL Sahabhagita Fund

NIBL Sahabhagita Fund is NIBL Ace Capital Fund Scheme and is the first open-ended fund. This fund is not tradable at Nepal Stock Exchange like other close-ended fund and it has no fixed maturity period.

According to the financial report published today, the fund scheme’s NAV stands at Rs. 11.07 as of Ashad end, 2077 which was Rs. 10.05 in the previous month.

The scheme has invested Rs. 10.72 crores in the listed shares and Rs. 16.7 lakhs in public issues, right shares, and bonus shares.

This scheme has Rs. 8.21 crores in the bank balance. This figure stood at Rs. 6.13 crores in the previous month. The scheme has Rs. 2 crores in fixed deposits and has invested Rs. 1.25 crores in bond and debenture as of Ashad 2077. NIBL Sahabhagita Fund has posted a net profit of Rs. 2.24 crores in the month of Ashad.