NIBL Samriddhi Fund-1 NAV inches up to Rs. 10.81; Highest shares of Laxmi Bank

NIBL Samriddhi Fund-1 (NIBSF-1), a 7 years close-ended mutual fund scheme managed by NIBL Capital Market Limited, has reported slight increase in net asset value (NAV). According to the financial report published today, the mutual fund scheme’s NAV rose to Rs. 10.81 in the Mangsir end from Rs. 10.71 in Kartik end. The NAV of the fund is above the par value of Rs 10 per unit. The scheme, which was launched with a total fund of Rs 100 crore, has invested Rs. 76.71 crore in listed shares of 70 listed companies, Rs 3.30 crore on bonds and debentures, Rs. 3.88 crore in public issues, rights shares and bonus shares and as of Mangsir end. NIBSF-1 reported a net profit of Rs 8.54 crore for the month of Mangsir up from Rs. 7.30 crore in last month. Out of its total investment in listed shares, NIBL Sambriddhi Fund1 has bought 46,258 unit shares, the highest shares of Laxmi Bank Limited (LBL).