Rise in NAV and Net Profit of Citizens Mutual Fund-1 (CMF1) and Citizens Mutual Fund-2 (CMF2) in Kartik

Citizens Mutual Fund-1 (CMF1) a 7-year closed-end mutual fund scheme has published its monthly report for the month of Kartik, 2077.

As per the report, a mutual fund has reported an increase in Net Assets Value (NAV) to Rs 11.35 from Rs 10.92. The scheme, which began with a fund size of Rs 82 crore has invested Rs 52.74 crore in the shares of listed companies and Rs 6.85 lakh in non-listed shares.

This scheme has invested Rs 12.3 crore in fixed return assets and has Rs 26.53 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 9.55 crores till Kartik. The fund had reported a net profit of Rs. 6.05 crores in the month of Ashwin.

Report

Citizens Mutual Fund-2 (CMF2) is CBIL Capital Limited's second mutual fund scheme and is a 7-years closed-end fund. The recently launched scheme has published its NAV report for the month of Kartik, 2077.

As per the report, the mutual fund has reported an increase in its Net Assets Value (NAV) to Rs 11.45 till Kartik's end from Rs 10.99 last month. The scheme, which began with a fund size of Rs 1 Arba has invested Rs 40.07 crore in the shares of listed companies and Rs 6.85 lakhs in non-listed shares.

This scheme has invested Rs 8.4 crore in fixed return assets and has Rs 14.5 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 7.31 crore till Kartik's end. It had reported a net profit of Rs 4.78 crore till Ashwin's end.

Report