Decline in NAV of All 3 Mutual Fund Scheme of NMB Capital
Sun, Feb 25, 2024 9:52 AM on Latest, Mutual Fund,
The NAV report of "NMB Saral Bachat Fund - E (NMBSBF)" has also been unveiled. This is an open-ended mutual fund with no maturity period, and the fund manager can add to the size of the mutual fund whenever needed.
The fund size as of Magh is Rs. 1.72 Arba which was Rs. 1.65 Arba a month ago. The NAV declined to Rs. 9.20 in Magh compared to Rs. 9.46 in the month before. The fund has invested Rs. 1.23 Arba in listed shares, Rs. 2.62 crore in public issues, and Rs. 11 crore in fixed deposits. The fund still has Rs. 14.56 crores in the bank and bond/debentures worth Rs. 6.52 crores.
The fund is at a net loss of Rs. 3.80 crore in Magh. The month before that, it was at a profit of Rs. 52.06 lakhs.
"NMB 50 (NMB50)", another 10-year closed-ended mutual fund scheme managed by NMB Capital has also published NAV for the month of Magh. The NAV for the period was reported at Rs. 10.72 declined as compared to the NAV of the previous month Rs 10.89.
The scheme began with a fund size of Rs. 1.25 Arba including seed capital from the fund sponsors. The scheme has invested Rs. 1.01 Arba in shares of listed companies and Rs. 1.58 Crore in public issues, right shares, and bonus shares. The amount invested in fixed deposit is Rs. 9 Crore while the bank balance is Rs. 5.41 Crore. The fund has invested 16.70 crores in bonds and debentures.
By the end of Magh, the scheme had reported a net loss of Rs. 1.62 crore, whereas, In the previous month, the scheme was at a profit of Rs. 57.44 lakhs.
The NAV report of "NMB Sulav Investment Fund - II (NSIF2)" has also been published. This is a closed-end fund and has a maturity period of 10 years. NMB Sulav Investment Fund - II has a fund size of Rs. 1.2 Arba.
The NAV stands at Rs. 11.27 in Magh compared to Rs. 11.49 in the month before. The fund has invested Rs. 1.03 Arba in listed shares, Rs. 3.87 Crore in public issues, and Rs. 17.10 crore in fixed deposits. The fund has Rs. 4.80 crores in the bank.
The fund has a net profit of Rs. 11.25 lakh in Magh. The month before that, it was at a profit of Rs. 2.84 crores.
