NMB Sulav Investment Fund-1 NAV climbs to Rs 10.37; investment in listed shares at Rs 47.32 cr
Fri, Feb 27, 2015 12:00 AM on Mutual Fund, Others,
ShareSansar, February 27:
NMB Sulav Investment Fund - 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 a rise in net asset value (NAV).
The fund’s NAV grew to Rs 10.37 at the end of Magh, which is a slight improvement over Rs 10.14 reported at the end of Poush.
Launched with a total fund of Rs 75 crore, the scheme has invested Rs 47.32 crore in listed shares, Rs 2.40 crore in public issues. The fund has invested in the listed shares of 59 companies.
The fund has mobilized Rs 7.5 crore in fixed deposits. The last traded price of NMB Sulav Investment Fund-1 is Rs 10.
