NIBL Samriddhi and NIBL Pragati Fund NAV rises by 7% and 9.53% in Baisakh
Tue, May 28, 2019 7:21 AM on Latest, Mutual Fund,
NIBL Samriddhi Fund-1 (NIBSF1), a 7-year closed-end mutual fund scheme managed by NIBL Ace Capital Limited, has reported an increase in Net Asset Value (NAV) by 7% on Baisakh end.
According to the financial report published today, the mutual fund scheme’s NAV stands at Rs 11 on Baisakh end as compared to Rs 10.28 in previous month.
The scheme which was started with a total fund of Rs 1 arba, has invested Rs 76.21 crore in listed shares, Rs 1.28 crore in public issues, right shares and bonus shares and Rs 5 crore in debentures.
NIBSF1 reported a net profit of Rs 9.07 crore till the month of Baisakh.
The scheme has Rs 9.50 crore in fixed deposits and has Rs 19.24 crore in bank balance.
Click here for NIBSF1 Baisakh NAV Report:
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 incline in NAV by 9.53% to Rs 8.62 as on Baisakh end from Rs 7.87 in last month.
The scheme, which was launched with a total fund of Rs 75 crore, has invested Rs 58.40 crore in listed shares of listed companies and Rs 2.29 crore in public issues, rights shares and bonus shares.
NIBLPF reported a net profit of Rs 6.10 crore till the month of Baisakh, from Rs 47.81 lakh in the last month.
This scheme has no fund in fixed deposits and debenture and has Rs 3.86 crore in bank balance.
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