Rise in NAV and Net Profit of All 3 Mutual Fund Scheme of NIBL Ace Capital

NIBL Ace Capital Limited has published the Net Asset Value (NAV) till Poush, 2079 of all three of its funds.

NIBL Pragati Fund (NIBLPF)

NIBL Pragati Fund (NIBLPF) is a 7 years closed-end mutual fund scheme. The fund has reported a rise in its net asset value (NAV) for the month of Poush.

According to the financial report published, the mutual fund scheme’s NAV has inclined to Rs. 10.74 as of Poush end, 2079 which was Rs. 9.81 in the previous month. The scheme which began with a total fund of Rs. 75 crores has invested Rs. 53.46 crores in the listed shares and Rs. 13.54 crores in public issues, right shares, and bonus shares. This scheme has Rs. 12.32 crores in the bank balance.

NIBLPF has posted a net profit of Rs. 5.54 crores in the month of Poush. The loss was Rs. 1.46 crores in the month before that.

Report

NIBL Sahabhagita Fund (NIBLSF)

NIBL Sahabhagita Fund (NIBLSF) is NIBL Ace Capital's fund scheme and is the first open-ended fund. This fund is not tradable at Nepal Stock Exchange like other closed-ended funds and it has no fixed maturity period.

The fund size as of Poush is Rs. 1.07 Arba which was Rs. 99.05 crores a month ago.

According to the financial report published today, the fund scheme’s NAV stands at Rs. 10.50 as of Poush end, 2079 which was Rs. 9.95 in the previous month. The scheme has invested Rs. 44.69 crores in the listed shares and Rs. 11.58 crores in public issues, right shares, and bonus shares. It has 15.05 crores in fixed deposits and has invested 6.46 crores in bonds and debentures.

This scheme has Rs. 34.12 crores in the bank balance. NIBL Sahabhagita Fund has posted a net profit of Rs. 5.36 crores in the month of Poush. The loss was Rs. 44.06 lakhs last month.

Report

NIBL Samriddhi Fund - II (NIBSF2)

NIBL Samriddhi Fund - II (NIBSF) has also unveiled its NAV report.

The fund has a size of Rs. 1.5 Arba. The NAV for the month of Poush stands at Rs. 9.05, which was Rs. 8.44 last month.

Rs. 73.07 crores of the fund are invested in listed shares and Rs. 12.28 crores in bonds and debentures. Rs. 22 crores of the fund are in fixed deposits and Rs. 9.93 crores in bank deposits. The fund has invested Rs. 16.09 crores in public issue and has Rs. 3 crores worth of other assets.

The fund is at a net profit of Rs. 7.44 crores in Poush. In the month before that, it was at a loss of Rs. 1.75 crores.

Report