NIBL Samriddhi Fund reports decrease in NAV for Falgun end; NAV and Net loss stand at Rs 11.59 and Rs 15.57 crore respectively

NIBL Samriddhi Fund-1 (NIBSF1), a 7 year close-end mutual fund scheme managed by NIBL Capital Markets Limited, has reported shrinkage in Net Asset Value (NAV) in Falgun 2074 end. According to the financial report published today, the mutual fund scheme’s NAV was at Rs 11.59 per unit, as compared to Rs 12.20 in Magh 2074. The scheme which was with a total fund of Rs 1 arba, has invested Rs 78.30 crore in listed shares and Rs 7.05 crore in public issues, right shares and bonus shares. NIBSF1 reported a net loss of 15.57 crore for the month of Falgun, from net loss of Rs 9.40 crore for the month of Magh. Out of its total investment in listed shares, NIBL Samriddhi Fund-1 has bought 4,01,800 unit shares, the highest of Siddhartha Equity Oriented Scheme. However, its highest investment of Rs 3.71 crore in 48,492 shares of Chilime Hydropower Company Limited.