RBB Mutual Fund Reports Decline in NAV and Net Profit in Kartik
Thu, Nov 28, 2024 9:51 AM on Latest, Mutual Fund,
"RBB Mutual Fund-1 (RMF1)" has unveiled its Net Asset Value (NAV) report for Kartik month. It is a closed-end fund and has a maturity period of 7 years.
According to the financial report, the mutual fund scheme’s NAV stands at Rs. 11.31 as of Kartik's end, 2081 which was Rs. 11.57 in the previous month.
The scheme which began with a total fund of Rs. 1.25 Arba has invested Rs. 1.07 Arba in the listed shares and Rs. 55.83 lakhs in public issues, right shares, and bonus shares. This scheme has Rs. 13.08 crores in the bank balance. The scheme has Rs. 10 crores in fixed deposits and has invested Rs. 10.25 crores in bonds and debentures.
RBB Mutual Fund-1 posted a net profit of Rs. 16.39 crores in the month of Kartik. It posted a net profit of Rs. 19.71 crores in the month before that.
"RBB Mutual Fund-2 (RMF2)" has also unveiled its NAV report for Kartik month. It is a closed-end fund and has a maturity period of 10 years.
According to the financial report, the mutual fund scheme’s NAV stands at Rs. 11.70 as of Kartik's end, 2081 which was Rs. 12.01 in the previous month.
The scheme which began with a total fund of Rs. 84.61 Crores has invested Rs. 76.55 crores in the listed shares and Rs. 12.33 lakhs in public issues, right shares, and bonus shares. This scheme has Rs. 7.52 crores in the bank balance. The scheme has Rs. 12.50 crores in fixed deposits and has invested Rs. 2.31 crores in bonds and debentures.
RBB Mutual Fund-2 posted a net profit of Rs. 12.51 crores in the month of Kartik. However, it posted a net profit of Rs. 15.13 crores in the month before that.
