NMB Sulav Investment Fund-1 earns Rs 14.53 crore on Jestha end; NAV surges to Rs 17.82

NMB Sulav Investment Fund – 1 (NMBSF-1) a closed-end 5 years mutual fund scheme promoted by NMB Bank Limited, and operated by the bank’s subsidiary NMB Capital Limited, has reported growth in net asset value (NAV). The fund’s NAV rose to Rs. 17.82 at the end of Jestha 2073 from Rs 16.26 at the end of Baisakh 2073. The mutual scheme which began with a total fund of Rs 75 crore, has invested Rs 90.58 crore in the listed share of total 77 listed companies and Rs 7.29 crore in public issues, right and bonus share. The fund has collected Rs 7.50 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 Balance Fund-1. NMBSF_1 reported net profit of Rs 14.53 crore for the month of Jestha up from Rs 11.14 crore in the month Baisakh. The last traded price (LTP) of NMBSF-1 stood at Rs 13.22 as on June 22, 2016.