NMB Capital's Hybrid Fund L-1 and NMB 50 Funds Report NAV of Rs 11.48 and Rs 10.9 Respectively

NMB Capital Limited has published the Net Asset Value (NAV) till Ashad, 2077 of both NMB Hybrid Fund L-1 and NMB 50.

NMB Hybrid Fund L-1 (NMBHF-1)

NMB Hybrid Fund L-1 (NMBHF-1), 7 years closed-end mutual fund scheme’s NAV increased to Rs.11.48 in the month of Ashad compared to NAV of the previous month of Rs.10.72.

The scheme, which began with a fund size of Rs.1 Arba, has invested only Rs.43.46 crores in listed shares and Rs.2.55 crores in the public issue, right shares and bonus shares. The fund has invested Rs.29.88 crores in bonds and debentures.

The scheme has kept Rs.10 Crore in fixed incoming earning instruments and has Rs.28.06 crores in the bank balance.

The net profit till the end of Ashad month has stood at Rs. 14.66 crores.

NMB 50 (NMB50)

NMB 50 (NMB50), another 7-year mutual fund scheme managed by NMB Capital has published financial highlights for the month of Ashad. The NAV for the period was reported at Rs.10.9 up from Rs.10.42 reported in the previous month.

The scheme began with a fund size of Rs.1.25 Arba including seed capital from fund sponsor. The scheme has invested Rs. 32.28 crores in shares of listed companies and Rs. 1.03 crore in the public issue, right shares, and bonus shares. Amount invested in bond and debentures stands at Rs. 11.91 crores while Rs.11.5 crores are in fixed deposits.

By the end of Ashad, the scheme has reported a net profit of Rs. 11.27 crores in Ashad.