The NAV report of "Global IME Balanced Fund – 1 (GIBF1)" has been unveiled for the month of Falgun.
The "Global IME Balanced Fund – 1" is a closed-end fund and has a maturity period of 10 years. Global IME Balanced Fund – 1 has a fund size of Rs. 1.02 Arba.
The NAV stands at Rs. 9.76 in Falgun which was Rs. 10.39 in the previous month. The fund has invested Rs. 82.54 crore in listed shares, Rs. 3.05 crore in non-listed shares, and Rs. 3 crore in fixed deposits. The fund has Rs. 6.8 crores in the bank and other assets worth Rs. 8.61 crores.
The fund was at a net loss of Rs. 2.49 crores in Falgun. In the month before that, the fund saw a net profit of Rs. 3.99 crores.
Similarly, Global IME Samunnat Scheme-1 (GIMES1), a closed-ended 7 years mutual fund scheme managed by Global IME Capital Limited, sponsored by Global IME Bank Limited. The mutual fund scheme is matured on Chaitra 11, 2079.
The fund has reported a fall in its Net Asset Value (NAV) till the end of Falgun.
As per the financial report published, the mutual fund scheme’s NAV has fallen to Rs. 9.81 by the end of Falgun from Rs. 10.45 in the month before that.
The scheme, which was launched with a total fund of Rs. 1 Arba, has invested Rs. 94.41 crores in the shares of listed companies. It has invested Rs. 71.89 lakhs in non-listed shares as of Falgun's end. Similarly, it has invested Rs. 7.28 crore in debentures, and Rs. 1 crore in fixed deposits.
The fund has reported a net loss of Rs. 31.98 crores till the month of Falgun. In the month before that, the fund saw a net loss of Rs. 25.53 crores.