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    Nepal Breaking NewsBusinessIn Bhadra, CBIL Capital Mutual Funds reported a decrease in net profit

    In Bhadra, CBIL Capital Mutual Funds reported a decrease in net profit

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    Citizens Mutual Fund-1 (CMF1), a seven-year closed-end mutual fund scheme, has released its monthly report for Bhadra 2078. The mutual fund is CBIL CapitalR7;s mutual fund. Citizens Bank International is the fund sponsor, while CBIL Capital manages the programme.

    According to the study, a mutual fundR7;s Net Assets Value (NAV) dropped from Rs 16.1 to Rs 11.35. This, however, is due to a dividend adjustment. The programme, which started with a fund size of Rs 82 crore, has invested Rs 70.06 crore in listed company shares and Rs 1.18 crore in non-listed company shares since its inception.

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    This programme has invested Rs 20.26 crore in fixed-income assets and has a bank balance of Rs 3.84 crore.

    Until Bhadra, it generated a of Rs 38.36 lakhs. In the preceding month, the fund made a net profit of Rs. 6.5 crores.

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    Citizens Mutual Fund-2 (CMF2) is CBIL Capital LimitedR7;s second mutual fund scheme, and it is a closed-end fund with a seven-year investment horizon. The NAV report for the month of Bhadra, 2077, has been released by the freshly launched plan. Citizens Bank International is the fund sponsor, while CBIL Capital manages the programme.

    According to the report, the mutual fundR7;s Net Assets Value (NAV) fell to Rs 12.39 at the end of Bhadra from Rs 17.24 the month before. This, however, is due to a dividend adjustment. The programme, which started with a capital size of Rs 1 Arba, has invested Rs 55.3 crore in listed company shares and Rs 80.5 lakhs in non-listed company shares since its inception.

    This scheme has invested Rs 7.45 crore in fixed-income assets and has a bank balance of Rs 26.54 crore.

    Until the end of Bhadra, it earned a of Rs .17 crore. In the preceding month, it had a of Rs 5.9 crore.


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