NIBL Ace Capital publishes NAV report for Ashwin of all three of its mutual fund schemes

NIBL Ace Capital Limited has published the Net Asset Value (NAV) till Ashwin, 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 a slight increase in its net asset value (NAV) for the month of Ashwin.

According to the financial report published today, the mutual fund scheme’s NAV stands at Rs. 11.44 as of Ashwin end, 2077 which was Rs. 11.38 in the previous month.

The scheme which began with a total fund of Rs.1 Arba has invested Rs. 79.43 crores in the listed shares and Rs. 5.04 crores in public issues, right shares, and bonus shares. The scheme has Rs. 15 crores in fixed deposits and has invested Rs. 5 crores in bond and debenture as of Ashwin 2077.

This scheme has Rs. 10.72 crores in the bank balance.

NIBSF1 has posted a net profit of Rs. 10.30 crores in the month of Ashwin. Its profit for the previous month was Rs. 9.73 crores.

Report

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 Ashwin.

According to the financial report published today, the mutual fund scheme’s NAV stands at Rs. 11.10 as of Ashwin end, 2077 which was Rs. 11.09 in the previous month.

The scheme which began with a total fund of Rs.75 crores has invested Rs. 70.61 crores in the listed shares and Rs. 5.1 crores in public issues, right shares, and bonus shares.

This scheme has Rs. 7.74 crores in the bank balance. This figure stood at Rs. 11.9 crores in the previous month.

NIBLPF has posted a net profit of Rs. 9.24 crores in the month of Ashwin. Its profit was Rs. 9.20 crores last month.

Report

NIBL Sahabhagita Fund

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

According to the financial report published today, the fund scheme’s NAV stands at Rs. 11.28 as of Ashwin end, 2077 which was Rs. 11.2 in the previous month.

The scheme has invested Rs. 14.42 crores in the listed shares and Rs. 1.04 crores in public issues, right shares, and bonus shares. It has 3.5 crores in fixed deposits and has invested 1.49 crores in bonds and debentures.

This scheme has Rs. 4.54 crores in the bank balance. NIBL Sahabhagita Fund has posted a net profit of Rs. 2.2 crores in the month of Ashwin. The profit was Rs. 2.03 crores last month.

Report