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

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

As per the report, a mutual fund has reported an increase in Net Assets Value (NAV) to Rs 12.76 from Rs 12.35. The scheme which began with a fund size of Rs 82 crore has invested Rs 60.27 crore in the shares of listed companies and Rs 2.29 crores in non-listed shares.

This scheme has invested Rs 12.3 crore in fixed return assets and has Rs 29.6 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 21.15 crores till Magh. The fund had reported a net profit of Rs. 17.77 crores in the previous month.

Report

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 Magh, 2077.

As per the report, the mutual fund has reported an increase in its Net Assets Value (NAV) to Rs 13.51 till Magh's end from Rs 12.86 last month. The scheme, which began with a fund size of Rs 1 Arba has invested Rs 47.14 crore in the shares of listed companies and Rs 1.52 crores in non-listed shares.

This scheme has invested Rs 8.4 crore in fixed return assets and has Rs 19.27 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 18.86 crore till Magh's end. It had reported a net profit of Rs 15.25 crore in the previous month.

Report