Decline in NAV and Net Profit of Mutual Funds of NIMB Ace Capital in Shrawan
Fri, Sep 1, 2023 10:41 AM on Latest, Mutual Fund,
NIMB Ace Capital Limited has published the Net Asset Value (NAV) till Shrawan, 2080 of all five of its funds.
NIBL Pragati Fund (NIBLPF) is a 7-year closed-end mutual fund scheme. The fund has reported a decrease in its net asset value (NAV) for the month of Shrawan.
According to the financial report published, the mutual fund scheme’s NAV has decreased to Rs. 10.48 as of Shrawan end, 2080 which was Rs. 10.68 in the previous month. The scheme which began with a total fund of Rs. 75 crore has invested Rs. 43.76 crore in the listed shares and Rs. 14.68 crore in public issues, right shares, and bonus shares. This scheme has Rs. 20.09 crores in the bank balance.
NIBLPF has posted a net loss of Rs. 1.44 crores in the month of Shrawan. The profit was Rs. 5.04 crore in the month before that.
NIBL Sahabhagita Fund (NIBLSF) is NIBL Ace Capital's fund scheme and is the first open-ended fund. This fund is not tradable at Nepal Stock Exchange like other closed-ended funds and it has no fixed maturity period.
The fund size as of Shrawan is Rs. 1.99 Arba which was Rs. 1.86 Arba a month ago.
According to the financial report published today, the fund scheme’s NAV stands at Rs. 10.16 as of Shrawan end, 2080 which was Rs. 10.68 in the month before that. The scheme has invested Rs. 98.42 crore in the listed shares and Rs. 17.65 crore in public issues, right shares, and bonus shares. It has 28.50 crores in fixed deposits and has invested 14.05 crores in bonds and debentures.
This scheme has Rs. 51.78 crores in the bank balance. NIBL Sahabhagita Fund posted a net loss of Rs. 2.27 crores in the month of Shrawan. It was at a profit of Rs. 9.92 crores last month.
NIBL Sahabhagita Fund (NIBLSF) has announced to distribution of a four percent cash dividend to its shareholders for the financial year 2079-80. The book closure was announced for Shrawan 11, 2080.
NIBL Samriddhi Fund - II (NIBSF) has also unveiled its Net Asset Value (NAV) report for the month of Shrawan. It is a 10-year closed-end fund.
The fund has a size of Rs. 1.5 Arba. The NAV for the month of Shrawan stands at Rs. 9.13, which was Rs. 9.27 last month.
Rs. 71.12 crores of the fund are invested in listed shares and Rs. 12.78 crores in bonds and debentures. Rs. 22.50 crores of the fund are in fixed deposits and Rs. 12.93 crores in bank deposits. The fund has invested Rs. 17.25 crores in public issues and has Rs. 54.89 lakhs worth of other assets.
The fund is at a net loss of Rs. 2.17 crores in Shrawan. In the month before that, it was at a profit of Rs. 10.72 crores.
NIBL Growth Fund (NIBLGF) has also unveiled its NAV report.It is a 10-year closed-end fund.
The fund has a size of Rs. 1.32 Arba. The NAV for the month of Shrawan stands at Rs. 10.08, which was Rs. 10.24 last month.
Rs. 58.84 crores of the fund are invested in listed shares and Rs. 6.83 crores in bonds and debentures. Rs. 19.80 crores of the fund are in fixed deposits and Rs. 34.03 crores in bank deposits. The fund has invested Rs. 15.50 crore in public issues and has Rs. 63.22 lakhs worth of other assets.
The fund is at a net loss of Rs. 2.05 crores in Shrawan. In the month before that, it was at a profit of Rs. 3.16 crores.
"Mega Mutual Fund 1" (MMF-1) is a closed-end fund and has a maturity period of 10 years. The issue began with a fund size of Rs. 1.25 Arba.
The fund has invested Rs. 81.39 crores in listed shares in Shrawan. Rs. 1.47 crores have been invested in non-listed shares and Rs. 10 crores in fixed deposits. The fund has Rs. 16.59 crores worth of bank deposits, and Rs. 24.05 lakhs of other assets.
The fund has reported a NAV of Rs. 8.83 in Shrawan, compared to the NAV of Rs. 8.91 in the month before that. It has reported a net loss of Rs. 97.59 lakhs In the month before that, it was at a net profit of Rs. 3.33 crores.
