Rise in NAV and Net Profit of Citizens Mutual Fund-1 (CMF1) and Citizens Mutual Fund-2 (CMF2) in Jestha
Mon, Jun 28, 2021 12:35 PM 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 Jestha, 2078. 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.
As per the report, a mutual fund has reported a rise in Net Assets Value (NAV) to Rs 15.2 from Rs 14.61. The scheme which began with a fund size of Rs 82 crore has invested Rs 59.6 crore in the shares of listed companies and Rs 19,500 in non-listed shares.
This scheme has invested Rs 29.78 crore in fixed return assets and has Rs 36.47 crore in the bank balance.
It has reported a net profit of Rs 41.13 crores till Jestha. The fund had reported a net profit of Rs. 36.32 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 Jestha, 2077. The scheme is managed by CBIL Capital with Citizens Bank International as the fund sponsor.
As per the report, the mutual fund has reported a rise in its Net Assets Value (NAV) to Rs 16.26 till Baisakh's end from Rs 15.42 last month. The scheme, which began with a fund size of Rs 1 Arba has invested Rs 52.66 crore in the shares of listed companies and Rs 20.19 lakhs in non-listed shares.
This scheme has invested Rs 16.02 crore in fixed return assets and has Rs 23.1 crore in the bank balance.
It has reported a net profit of Rs 34.25 crore till Jestha's end. It had reported a net profit of Rs 29.58 crore in the previous month.
