NMB Hybrid Fund L-1 NAV surges to Rs 10.57 on Chaitra; NMB Sulav Investment Fund-1 NAV also up at Rs 17.24

NMB Hybrid Fund L-1, a 7 years closed-end mutual fund scheme managed by NMB Capital Limited, has reported increase in its Net Asset Value (NAV). According to the financial report published today, the mutual fund scheme’s NAV inched up to Rs. 10.57 at the end of Chaitra, 2073 from Rs 10.26 posted in Falgun. 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 21.74 crore in listed shares, Rs 1.83 crore in public issues and has set Rs 49 crore aside in fixed income instruments. NMB Hybrid Fund L-1 reported a net profit of Rs 3.43 crore in the month of Chaitra compared to Rs 2.33 crore in the month of Falgun. The company has made investment in the shares of 29 listed companies and has bought 44,805 unit shares, the highest, of Nepal Doorsanchar Company Limited (NTC). The last traded price (LTP) of NMB Hybrid Fund L-1 stood at Rs 10.10 as of Baisakh 14, 2074. Likewise, NMB Sulav Investment Fund – 1 (NMBSF-1) a 5 years close-ended mutual fund scheme promoted by NMB Bank Limited, and managed by the bank’s subsidiary NMB Capital Limited, has reported a Rs 2.29 per unit increase in its Net Asset Value (NAV). The fund’s NAV increased to Rs. 17.24 at the end of Chaitra from Rs 14.95 at the end of Falgun 2073. The mutual scheme, which began with a total fund of Rs 75 crore, has investment of Rs 66.08 crore in shares of total 68 listed companies and Rs 6.85 crore in public issues, right and bonus share. The fund has set aside Rs 22 crore in fixed deposits and Rs 1.4 crore in bonds and debentures. Out of its total investment in listed shares, NMB Sulav Investment Fund – 1 has bought 44,295 unit shares, the highest shares of Nepal Doorsanchar Company Limited. Likewise, it has highest investment of Rs 2.97 crore in 23,685 shares of Nabil Bank Limited – Promoter shares. NMBSF-1 reported net profit of Rs 21.59 crore for the month of Chaitra. The last traded price (LTP) of NMBSF1 stood at Rs 13.80 as on Baisakh 14, 2074.