NIBL Pragati Fund reports a loss of Rs 14.25 crore in the month of Falgun; NAV stands at Rs 8.15

NIBL Pragati Fund (NIBLPF), a 7 years close-end mutual fund scheme managed by NIBL capital, a wholly owned subsidiary of Nepal Investment Bank, has reported a contracts in NAV to Rs 8.15 for the month of Falgun from Rs 8.73 as on Magh 2074. The scheme which was launched with a total fund of Rs 75 crore, has total investments of Rs 52.54 crore in listed shares and Rs 4.79 crore in public issues, right shares and bonus shares as of Falgun end. NIBLPF reported a net loss of Rs 14.25 crore for the month of Falgun, from net loss of Rs 9.86 crore for the month of Magh. Out of its total investment in listed shares, NIBL Pragati Fund has bought, 1,19,900  units shares, the highest of Siddhartha Equity Oriented Scheme. Notice