NMB Sulav Investment fund-1 reports NAV of Rs 19.03 on Shrawan end; Profit declined to Rs 5.73 crore from Rs 18.69 crore

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 slight decrease in net asset value (NAV). The fund’s NAV declined to Rs 19.03 at the end of  Shrawan 2073 from Rs 19.27 at the end of Ashad 2073. The mutual scheme which began with a total fund of Rs 75 crore, has invested Rs 90.61 crore in the listed share of total 74 listed companies and Rs 3.99 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 decreased to Rs 5.73 crore for the month of Shrawan from Rs 18.69 crore in the month Shrawan. The last traded price (LTP) of NMBSF-1 stood at Rs  as on August 24, 2016.