NIBL Samriddhi Fund’s NAV slightly decreases in Bhadra; NIBL Pragati Fund reports increased NAV at Rs 8

NIBL Samriddhi Fund-1 (NIBSF1), a 7 year close-end mutual fund scheme managed by NIBL Ace Capital Limited, has reported slight decrease in Net Asset Value (NAV) in Bhadra 2075 end.

According to the financial report published today, the mutual fund scheme’s NAV stands at Rs 10.39 per unit on Bhadra 2075, as compared to Rs 11.15 in Shrawan, 2075.

The scheme which was with a total fund of Rs 1 arba, has invested Rs 79.49 crore in listed shares and Rs 6.11 crore in public issues, right shares and bonus shares.

NIBSF1 reported a net loss profit of Rs 2.96 crore for the month of Bhadra, from net loss of Rs 1.41 crore for the month of Shrawan.

Out of its total investment in listed shares, NIBL Samriddhi Fund-1 has highest investment of Rs 3.50 crore in 48,492 shares of Chilime Hydropower Company Limited.

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 decline in NAV to Rs 8.00 as on Bhadra end from Rs 7.63 in last month.

The scheme, which was launched with a total fund of Rs 75 crore, has invested Rs 55.17 crore in listed shares of 65 listed companies and Rs. 3.19 crore in public issues, rights shares and bonus shares and as of Bhadra end.

NIBLPF reported a net profit of Rs 1.40 crore for the month of Bhadra, from net loss of Rs. 1.37 crore in last month.

Out of its total investment in listed shares, NIBL Pragati Fund has highest investment of Rs 2.45 crore in 32,373 shares of promoter shares of Nabil Bank Limited.

Also See: Mutual Funds and their latest NAVs