See the major highlights from the NAV report of NMB Sulav Investment Fund-1 and NMB Hybrid Fund L-1 for the month of Poush

NMB Sulav Investment Fund-1 (NMBSF-1) and NMB Hybrid Fund L-1 (NMBHF-1), both promoted by NMB Bank Limited and managed by NMB Capital Limited have  published their NAV report for the month of Poush.

According to the financial report published today, NMBSF-1 a 5 years closed end mutual fund scheme’s NAV increased to Rs 11.33 from the previous month’s value of Rs 10.83. The NAV of the fund has always been above the par value of Rs 10 per unit. Whereas, there are many schems who have not been able to maintain like NMBSF1. 

The net profit stands at Rs 2.19 crore till the end of Poush month.

The mutual fund scheme which began with a total fund of Rs 75 crore, has investment of Rs 41.18 crore in listed shares and Rs 1.41 crore in the public issue, right shares and bonus shares. The fund has set aside Rs 17.40 crore in bonds and debentures.

Out of its total investment in listed shares, NMB Sulav Investment Fund-1 has highest investment in Nepal Telecom 32,265 unit shares of worth Rs 2.38 crore.

Likewise, NMBHF-1 a 7 years close-end mutual fund scheme’s NAV increased at Rs 10.67 in the month of Poush which was Rs 10.38 in the previous month. The scheme is performing quite well and slightly above the par value of Rs 10 per unit.

The scheme, which began with a fund size of Rs 1 arba, has invested only Rs 24.89 crore in listed shares and Rs 56.36 lakh in the public issue, right shares and bonus shares. The fund has set aside Rs 8.50 crore in bonds and debentures.

The net profit till the end of Poush month has increased to Rs 3.97 crore from previous month’s Rs 1.08 crore.

Out of its total investment in listed shares, NMB Hybrid Fund has also invested highest of Rs 3.30 crore worth in 44,720 shares of Nepal Telecom.

Also See: Mutual Funds and their latest NAVs