NIBSF1 & NIBPF1 earning rises to Rs 2.48 crore & Rs 61 lakh respectively in Shrawan end

NIBL Samriddhi Fund-1 (NIBSF1), a 7 years closed-end mutual fund scheme managed by NIBL Capital Markets Limited, has  reported increase in its Net Asset Value (NAV) in Shrawan 2074 end. According to the financial report published today, the mutual fund scheme’s NAV in Shrawan 2074 is at Rs 15.19 per unit, as compared to Rs 14.94 in Asadh 2074. The scheme, which launched with a total fund of Rs 1 arba, has invested Rs 1.04 arba in shares of 81 listed companies, Rs 2.73 crore in public issues, rights shares and bonus shares, and Rs 3.30 crore in bonds and debentures as of Shrawan end. NIBSF1 reported a net profit of Rs 2.48 crore for the month of Shrawan from the net loss of Rs 6.51 crore in Asadh, 2074. Out of its total investment in listed shares, NIBL Samriddhi Fund-1 has bought 15.64 lakh unit shares, the highest shares of Siddhartha Investment Growth Scheme-1 (SIGS1). However, the fund has its highest investment i.e. Rs 4.44 crore in shares of Asian Life Insurance Company Limited. The last traded price (LTP) of NIBSF1 stood at Rs 13.09 as of yesterday. Recently,  NIBL Sambriddi Fund-1 has proposed 18 percent cash dividend to its unit holders. NIBL Pragati Fund (NIBLPF), a 7 years closed-end mutual fund scheme managed by NIBL Capital, a wholly-owned subsidiary of Nepal Investment Bank, has also reported slight increment in NAV to Rs 10.13 as of Shrawan end from Rs 10.75 last month. The scheme, which was launched with a total fund of Rs 75 crore, has total investments of Rs 55.39 crore in listed shares of 57 listed companies and Rs 1.32 crore in public issues, rights shares and bonus shares and as of Shrawan end. NIBLPF reported a net profit of Rs 61 lakh for the month of Shrawan, from net profit of Rs 34.95 lakh crore in Asadh 2074 end. Out of its total investment in listed shares, NIBL Pragati Fund has bought 2.49 lakh unit shares, the highest of SEOS. However, it has its highest investment of Rs 3.02 crore in Asian Life Insurance Company Limited. The last traded price (LTP) of NIBLPF stood at Rs 10.3 as of last trading day.