Rise in NAV and Net Profit of Citizens Mutual Fund-1 (CMF1) and Citizens Mutual Fund-2 (CMF2) in Falgun
Thu, Mar 25, 2021 11:19 AM on Latest, Mutual Fund,
Citizens Mutual Fund-1 (CMF1), a 7-year closed-end mutual fund scheme has published its monthly report for the month of Falgun, 2077.
As per the report, a mutual fund has reported an increase in Net Assets Value (NAV) to Rs 13.82 from Rs 12.76. The scheme which began with a fund size of Rs 82 crore has invested Rs 73.37 crore in the shares of listed companies and Rs 34.57 lakhs in non-listed shares.
This scheme has invested Rs 12.3 crore in fixed return assets and has Rs 26.79 crore in the bank balance.
The mutual fund is the first mutual fund of CBIL Capital. The scheme is managed by CBIL Capital with Citizens Bank International as the fund sponsor.
It has reported a net profit of Rs 29.86 crores till Falgun. The fund had reported a net profit of Rs. 21.15 crores in the previous month.
Citizens Mutual Fund-2 (CMF2) is CBIL Capital Limited's second mutual fund scheme and is a 7-year closed-end fund. The recently launched scheme has published its NAV report for the month of Falgun, 2077.
As per the report, the mutual fund has reported an increase in its Net Assets Value (NAV) to Rs 14.49 till Falgun's end from Rs 13.51 last month. The scheme, which began with a fund size of Rs 1 Arba has invested Rs 53.99 crore in the shares of listed companies and Rs 23.11 lakhs in non-listed shares.
This scheme has invested Rs 8.4 crore in fixed return assets and has Rs 18.51 crore in the bank balance.
The scheme is managed by CBIL Capital with Citizens Bank International as the fund sponsor.
It has reported a net profit of Rs 24.37 crore till Falgun's end. It had reported a net profit of Rs 18.86 crore in the previous month.
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