Citizens Mutual Fund 1 Reports Rise in NAV and Net Profit in Chaitra
Fri, Apr 28, 2023 11:15 AM 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 Chaitra, 2079.
As per the report, a mutual fund has reported a slight fall in Net Assets Value (NAV) to Rs. 9.19 from Rs. 9.18. The scheme which began with a fund size of Rs. 82 crores have invested Rs. 48.38 crores in the shares of listed companies and Rs. 4.91 crores in non-listed shares. This scheme has invested Rs. 3 crores in fixed return assets, Rs 15.86 crores in debentures, and Rs. 3.4 crores in the bank balance.
It has reported a net profit of Rs. 43.18 lakhs till Chaitra. The fund had reported a net profit of Rs. 34.87 lakhs in the month before that.
Citizens Mutual Fund-2 (CMF2) is CBIL Capital Limited's second mutual fund scheme and is a 7-year closed-end fund. The scheme has published its NAV report for the month of Chaitra, 2079.
As per the report, the NAV has slightly fallen to Rs. 9.83 till Chaitra’s end which was 9.92 a month ago. The scheme, which began with a fund size of Rs. 56 crores has invested Rs. 37.79 crores in the shares of listed companies and Rs. 3.77 crores in non-listed shares. This scheme has invested Rs 9.37 crore in debentures, and Rs. 4.57 crore in the bank balance.
It has reported a net loss of Rs. 56.15 lakhs till Chaitra’s end. In the month before that, a net loss was Rs. 56,320 of this fund.
