NMB Hybrid Fund L-1 NAV inches up to Rs 10.07 on Mangsir end; NMB Sulav Investment Fund-1 NAV declined to Rs 15.68

NMB Hybrid Fund L-1, a 7 years closed-end mutual fund scheme managed by NMB Capital and wholly owned subsidiary of NMB Bank, has reported increase in Net Asset Value (NAV). According to the financial report published today, the mutual fund scheme’s NAV slightly inched up to Rs. 10.07 at the end of Mangsir, 2073 from Rs 10.02 posted in last month. The NAV of the fund is above the par value of Rs 10 per unit. The scheme, which began with a fund size of Rs. 1 arba, has invested Rs 2.70 crore in listed shares, Rs 23.64 lakh in public issues, bonds and debentures and has set Rs 10 crore aside in fixed deposits. NMB Hybrid Fund L-1 reported a net profit of Rs 63.77 lakh in the month of Mangsir compared to Rs 16.22 lakh in the month of Kartik. The company has made investment in the shares of 3 listen companies; it has bought 31,820 unit shares, the highest, of Nepal Doorsanchar Company Limited (NTC). NMB Sulav Investment Fund – 1 (NMBSF-1) a close-ended 5 years mutual fund scheme promoted by NMB Bank Limited, and operated by the bank’s subsidiary NMB Capital Limited, has reported slight decline in net asset value (NAV). The fund’s NAV dropped to Rs. 15.68 at the end of Mangsir from Rs 16.86 at the end of Ashwin. The mutual scheme which began with a total fund of Rs 75 crore, has invested Rs 61.08 crore in the listed share of total 69 listed companies and Rs 6.69 crore in public issues, right and bonus share. The fund has set aside Rs 7 crore in fixed deposits. Out of its total investment in listed shares, NMB Sulav Investment Fund – 1 has bought 639,687 unit shares, the highest shares of Nabil Balanced Fund-1. NMBSF-1 reported net profit of Rs 16.22crore for the month of Mangsir up from Rs 10.74 crore in the month Ashwin. Profit rose by percent. The last traded price (LTP) of NMBSF-1 stood at Rs 12.62 as on December 21, 2016.