Decline in NAV of All 5 Mutual Fund Scheme of NIMB Ace Capital Limited
Thu, Apr 25, 2024 12:11 PM on Latest, Mutual Fund,
NIMB Ace Capital Limited has published the Net Asset Value (NAV) report of all five mutual funds for the month of Chaitra, 2080.
"NIBL Sahabhagita Fund (NIBLSF)" 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 Chaitra is Rs. 2.99 Arba which was Rs. 2.99 Arba a month ago.
According to the financial report published today, the fund scheme’s NAV stands at Rs. 10.11 as of Chaitra's end, 2080 which was Rs. 10.30 in the month before that. The scheme has invested Rs. 1.74 Arba in the listed shares and Rs. 31.37 crore in public issues, right shares, and bonus shares. It has 41.20 crores in fixed deposits and has invested 16.39 crores in bonds and debentures.
This scheme has Rs. 77.16 crores in the bank balance. NIBL Sahabhagita Fund posted a net loss of Rs. 1.99 crores in the month of Chaitra. It was at a profit of Rs. 3.75 crores last month.
"NIBL Samriddhi Fund - II (NIBSF2)" has also unveiled its Net Asset Value (NAV) report for the month of Chaitra. It is a 10-year closed-end fund.
The fund has a size of Rs. 1.5 Arba. The NAV for the month of Chaitra stands at Rs. 9.06, which was Rs. 9.19 last month.
Rs. 76.01 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. 8.24 crores in bank deposits. The fund has invested Rs. 15.75 crores in public issues and has Rs. 1.30 crore worth of other assets.
The fund is at a net loss of Rs. 3.11 crore in Chaitra. In the month before that, it was at a profit of Rs. 1.30 crore.
"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 Chaitra stands at Rs. 10.08, which was Rs. 10.31 last month.
Rs. 78.50 crores of the fund are invested in listed shares and Rs. 7.33 crores in bonds and debentures. Rs. 19.80 crores of the fund are in fixed deposits and Rs. 13.34 crores in bank deposits. The fund has invested Rs. 13.74 crore in public issues and has Rs. 1.35 crore worth of other assets.
The fund is at a net loss of Rs. 2.06 Crore in Chaitra. In the month before that, it was at a profit of Rs. 90.69 lakhs.
"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. 87.26 crores in listed shares in Chaitra. Rs. 20.02 lakhs have been invested in non-listed shares and Rs. 10 crore in fixed deposits. The fund has Rs. 9.70 crores worth of bank deposits, and Rs. 13.74 lakh of other assets.
The fund has reported a NAV of Rs. 8.61 in Chaitra, compared to the NAV of Rs. 8.89 in the month before that. It has reported a net loss of Rs. 3.77 crore, In the month before that, it was at a net loss of Rs. 26.68 lakh.
"NIBL Stable Fund" has also unveiled its NAV report. It is a closed-end fund.
The fund has a size of Rs. 1.13 Arba. The NAV for the month of Chaitra stands at Rs. 10.00, which was Rs. 10.03 last month.
The fund has invested Rs. 17.96 crores in listed shares in Chaitra. Rs. 16.95 crore of the fund is in fixed deposits and Rs. 78.39 crore is in bank deposits and has Rs. 95.46 crore worth of other assets.
The fund is at a net profit of Rs. 2.68 lakh in Chaitra, In the month before that, it was at a net profit of Rs. 32.50 lakh.
