NMB Sulav Investment Fund reports NAV of Rs.10.51 while NMB Hybrid Fund NAV stands at Rs.10.04 for the month of Shrawan

NMB Sulav Investment Fund-1 (NMBSF-1) 5 years closed-end mutual fund scheme’s NAV fell to Rs.10.51 compared to previous month’s NAV of Rs.11.92. The net profit was reported at Rs.70.70 Lakh till the end of Shrawan, 2076.

The mutual fund scheme which began with a total fund of Rs.75 Crore, has investment of Rs.7.27 Crore in the listed shares and Rs.74.38 Lakh in the public issue, right shares and bonus shares. The fund has invested Rs.17.40 Crore in bonds and debentures.

The scheme has total Rs.64.17 Crore in bank balance and the maturity period of this fund is on Kartik 3, 2076.

Out of its total investment in listed shares, NMB Sulav Investment Fund-1 has major investment in Nepal Telecom, Nabil Bank, Nepal Investment Bank Promoter Shares.

Similarly, NMB Hybrid Fund L-1 (NMBHF-1), 7 years closed-end mutual fund scheme’s NAV decreased to Rs.10.04 in the month of Shrawan compared to NAV of the previous month of Rs.11.01.

The scheme, which began with a fund size of Rs.1 Arba, has invested only Rs.35.16 Crore in listed shares and Rs.1.45 Crore in the public issue, right shares and bonus shares. The fund has invested Rs.13.50 Crore in bonds and debentures.

The scheme has kept Rs.10 Crore in fixed incoming earning instruments and has Rs.50.31 Crore in bank balance.

The net profit till the end of Shrawan month has decreased to Rs.33.02 Lakh from previous month’s Rs.7.44 Crore.

Out of its total investment in listed shares of 47 companies, NMB Hybrid Fund has major investment in Nepal Telecom, NIB Promoter Shares and Everest Bank.