In Mangsir, the NAV of mutual funds managed by NIBL Ace Capital has fallen by 10%.

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The Net Asset Value (NAV) of all four of NIBL Ace Capital Limited’s funds up to Mangsir, 2078, has been disclosed by the company.

NIBL Samriddhi Fund-1 is a non-profit organization (NIBSF1)

It has been reported that NIBL Samriddhi Fund-1 (NIBSF1), a closed-end mutual fund scheme administered by NIBL Ace Capital Limited, has experienced a decline in its net asset value (NAV) for the month of Mangsir this year.

According to the financial report published today, the mutual fund scheme’s net asset value (NAV) as of Mangsir end, 2078, was Rs. 12.62, down from Rs. 12.66 the previous month, according to the report.

It has invested Rs. 2.73 crores in listed and Rs. 14.79 lakhs in public issues, right shares, and stocks since its inception with a total fund of Rs.1 Arba, according to the scheme’s website. It has Rs. 1 Arba in fixed deposits and Rs. 10.45 crores in bonds and debentures, according to the scheme’s financial statements.

The bank account for this scheme now has Rs. 9.74 crores in it.

Mangsir month brought in a net profit of Rs. 1.22 crores for the NIBSF1 group of companies. The company made Rs. 1.58 crores in profit in the preceding month.

Report

NIBL Pragati Fund is a non-profit organization that provides financial assistance to low-income individuals and families (NIBLPF)

The net asset value (NAV) of the NIBL Pragati Fund (NIBLPF), a 7-year closed-end mutual fund scheme managed by NIBL Ace Capital Limited, a wholly-owned subsidiary of Nepal Investment Bank, has decreased for the month of Mangsir, according to the fund’s quarterly report.

Accordig to the financial report published today, the mutual fund scheme’s net asset value (NAV) stood at Rs. 11.62 at the end of the month of March 2078, down from Rs. 12.73 the previous month.

It has invested Rs. 49.8 crores in listed shares and another Rs. 13.61 crores in public issues, right shares, and bonus since it was launched with a total fund of Rs. 75 crores in 2008. This scheme has a bank balance of Rs. 23.45 crores, which is sufficient for its operations.

In the month of Mangsir, NIBLPF reported a financial of Rs. 12.03 crores, the company’s first ever. It suffered a loss of Rs. 3.66 crores in the previous month.

Report

NIBL Sahabhagita Fund is a non-profit organization.

The NIBL Sahabhagita Fund is a fund scheme managed by NIBL Ace Capital, and it is the country’s first open-ended fund. In contrast to other closed-ended funds, this fund is not on the Nepal Stock Exchange and does not have a specified maturity period.

According to the financial report published today, the fund scheme’s net asset value (NAV) as of Mangsir end, 2078, was Rs. 11.34, down from Rs. 12.33 the previous month, according to the financial report.

The scheme has made investments of Rs. 21.2 crores in listed shares and Rs. 5.05 crores in public issues, right shares, and shares, according to the latest figures. It has fixed deposits of Rs. 7.65 crores and has made investments worth Rs. 4.16 crores in bonds and debentures.

The bank account for this scheme now has Rs. 6.85 crores in it. This month, the NIBL Sahabhagita Fund has registered a net of Rs. 4.51 crores, which is a decrease from the previous month. Last month, the company suffered a loss of Rs. 66.85 lakhs.

Report

NIBL Samriddhi Fund (NIBL Samriddhi Fund – II)

After being launched on the NEPSE, the NIBL Samriddhi Fund – II has also released its net asset value (NAV) report. The “NIBL Samriddhi Fund – II” was recently listed on the NEPSE with a total of 15,00,00,000 units.

An investment in the NIBL Samriddhi Fund II is worth Rs 1.2 Arba at the start of the scheme’s life. Taking into consideration that each unit of a mutual fund has a face value of Rs. 10, a total of twelve crore units have been distributed. Incorporated in 2006, the NIBL Samriddhi Fund – II is a closed-end mutual fund scheme with a 10-year maturity period. Ten lakh units were allocated for the issue manager, NIBL Ace Capital, out of a total of 12 crore units. A similar number of units (2.3 crore) were set aside for the fund’s promoter, Nepal Investment Bank. After that, the remaining 9.6 crore units were made to the general population. Because the fund was oversubscribed, it was downsized to be worth Rs. 1.5 Arba as a result of the oversubscription.

The net asset value (NAV) for the month of Mangsir is Rs. 9.14, which is lower than the NAV for the previous month of Rs. 9.93. The fund has invested Rs. 66.16 crores in listed shares and Rs. 8.75 crores in bonds and debentures, for a total of Rs. 66.16 crores. Fixed deposits account for Rs. 22 crores of the fund, with bank deposits accounting for Rs. 24.6 crores. The fund has invested Rs. 15.21 crores in a public issue and has other assets worth Rs. 1.01 crores, according to the latest figures.

Mangsir has resulted in a net of Rs. 12.82 crores for the fund. Before that, the company had suffered a loss of Rs. 1.04 crores in the previous month.

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