NMB Sulav Investment Fund-1 reports NAV of Rs 10.11

ShareSansar, April 21

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 net asset value (NAV) of Rs 10.11 for the month of Chait.

The mutual fund’s NAV change to Rs 10.11 at the end of Chait, which is a slight decline over Rs 10.32 reported at the end of falgun.

The scheme, which began with a total fund of Rs 75 crore, invested Rs 51.89 crore in listed shares, Rs 2.06 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 on April 20.