NIBL Samriddhi Fund’s NAV stands at Rs 11.29 as on Ashadh end; NIBL Pragati Fund’s loss increases with Rs 7.81 as the NAV

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 Ashadh  2075 end.

According to the financial report published today, the mutual fund scheme’s NAV stands at Rs 11.29 per unit on Ashadh 2075, as compared to Rs 11.50 in Jestha, 2075.

The scheme which was with a total fund of Rs 1 arba, has invested Rs 77.86 crore in listed shares and Rs 2.21 crore in public issues, right shares and bonus shares.

NIBSF1 reported a net loss of Rs 18.53 crore for the month of Ashadh, from net loss of Rs 16.45 crore for the month of Jestha.

Out of its total investment in listed shares, NIBL Samriddhi Fund-1 has highest investment of Rs 3.83 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 7.81 as on Ashadh end from Rs 8.04 in last month.

The scheme, which was launched with a total fund of Rs 75 crore, has invested Rs 52.91 crore in listed shares of 66 listed companies and  Rs. 2.80 crore in public issues, rights shares and bonus shares and as of Ashadh end.

NIBLPF reported a net loss of Rs 16.76 crore for the month of Ashadh, from net loss of Rs. 15.01 crore in last month.

Out of its total investment in listed shares, NIBL Pragati Fund has highest investment of Rs 2.34 crore in 35,361 shares of Everest Bank Limited.

Also See: Mutual Funds and their latest NAVs