See the major highlights of both mutual funds managed by NIBL Ace Capital for the month of Shrawan

NIBL Samriddhi Fund-1 (NIBSF1), a 7 year close-end mutual fund scheme managed by NIBL Ace Capital Limited, has reported slight decrease in Net Asset Value (NAV) in Shrawan  2075 end.

According to the financial report published today, the mutual fund scheme’s NAV stands at Rs 11.15 per unit on Shrawan 2075, as compared to Rs 11.29 in Ashadh, 2075.

The scheme which was started with a total fund of Rs 1 arba, has invested Rs 76.47 crore in listed shares and Rs 51.56 lakh in public issues, right shares and bonus shares.

NIBSF1 reported a net loss of Rs 1.41 crore for the month of Shrawan, from net loss of Rs 18.53 crore for the month of Ashadh.

Out of its total investment in listed shares, NIBL Samriddhi Fund-1 has highest investment of Rs 3.54 crore in 48,492 shares of Chilime Hydropower Company Limited.

NIBL Pragati Fund (NIBLPF), a 7 years closed-end mutual fund scheme managed by NIBL Ace Capital Limited, a wholly owned subsidiary of Nepal Investment Bank, has reported decline in NAV to Rs 7.63 as on Shrawan end from Rs 7.81 in last month.

The scheme, which was launched with a total fund of Rs 75 crore, has invested Rs 52.33 crore in listed shares of 64 listed companies and  Rs. 2.81 crore in public issues, rights shares and bonus shares and as of Shrawan end.

NIBLPF reported a net loss of Rs 1.37 crore for the month of Shrawan, from net loss of Rs. 16.76 crore in last month.

Out of its total investment in listed shares, NIBL Pragati Fund has highest investment of Rs 2.45 crore in 39,572 shares of Asian Life Insurance Company Limited.

Also See: Mutual Funds and their latest NAVs