NMB Sulav Fund registers slight rise in NAV to Rs 13.29; NMB Hybrid Fund’s NAV stands unchanged at Rs 10.37

NMB Sulav Investment Fund-1 (NMBSF-1) and NMB Hybrid Fund L-1 (NMBHF-1), both promoted by NMB Bank Limited and managed by NMB Capital. The NAV of NMBSF-1 has slightly increased while the NAV of NMBHF-1 has remained as compared to the previous month’s.

 According to the financial report published today, NMBSF-1 a 5 years close ended mutual fund scheme’s NAV increased to Rs 13.29 from the previous month’s value of Rs 13.18. Still the NAV of the fund is above the par value of Rs 10 per unit.

The mutual fund scheme which began with a total fund of Rs 75 crore, has investment of Rs 41.29 crore in listed shares and Rs 1.61 crore in the public issue, right shares and bonus shares. The fund has set aside Rs 1.40 crore in bonds and debentures.

Out of its total investment in listed shares, NMB Sulav Investment Fund-1 has bought 32,265 unit shares of Nepal Telecom worth Rs 2.38 crore.

Likewise, NMBHF-1 a 7 years close-end mutual fund scheme’s NAV remained unchanged at Rs 10.37 in the month of Shrawan which was Rs 10.37 in the previous month. The NAV is slightly above the par value of Rs 10 per unit.

The scheme, which began with a fund size of Rs 1 arba, has invested Rs 24.59 crore in listed shares and Rs 91.34 lakh in the public issue, right shares and bonus shares. The fund has set aside Rs 8.50 crore in bonds and debentures.

Out of its total investment in listed shares, NMB Hybrid Fund has bought Rs 3.30 crore worth of 44,720 shares of Nepal Telecom.

Also See: Mutual Funds and their latest NAVs