NMB Sulav Investment Fund -1 NAV drops to Rs 9.95
Fri, Jun 26, 2015 12:00 AM on Mutual Fund, Financial Analysis,
ShareSansar, June 26:
NMB Sulav Investment Fund - 1 has reported a slight decline in its net asset value (NAV) for the month of Jestha. The fund’s NAV fell to Rs 9.95 at the end of Jestha from Rs 10.08 reported at the end of Baisakh.
NMB Sulav Investment Fund-1, a closed-end five years mutual fund scheme, promoted by NMB Bank Limited, and operated by the bank’s subsidiary NMB Capital Limited,
The mutual scheme which began with a total fund of Rs 75 crore, has invested Rs 51.41crore in the listed share, Rs 2.17 crore in public issues. The scheme has invested in the shares of total 69 listed companies.
The fund has mobilized Rs 7.5 crore in fixed deposits. The highest number of shares the fund has invested in is that of Nepal Doorsanchar Limited with a total of 31,105 shares.
The last traded price of NMB Sulav Investment Fund-1 stood at Rs 10 on June 24.
