NIC Asia Balanced Fund (NICBF), a 10-year closed-end mutual fund managed by NIC Asia Capital, has released its NAV report for the month of Jestha. The NAV stands at Rs. 10.61, up from Rs. 10.35 in the previous month. The fund started with a size of Rs. 75.50 crores, investing Rs. 43.00 crores in listed shares and Rs. 21.77 crores in debentures. It also has Rs. 19.11 lakhs in non-listed shares and a bank balance of Rs. 7.57 crores. The net profit for Jestha is Rs. 4.04 crores, compared to Rs. 2.09 crores the previous month.
NIC Asia Dynamic Debt Fund (NADDF), an open-end fund with no fixed maturity, also published its NAV report. The fund size is Rs. 72.86 crores, with investments of Rs. 20.58 crores in listed shares, Rs. 23.98 lakhs in non-listed shares, and Rs. 31.64 crores in debentures. It has Rs. 8.70 crores in fixed deposits and Rs. 17.16 crores in bank deposits. The NAV for Jestha is Rs. 10.86, up from Rs. 10.73 the previous month. The net profit for Jestha is Rs. 5.00 crores, up from Rs. 4.00 crores the previous month.
NIC Asia Growth Fund (NICGF), a 7-year closed-end fund, reported its NAV for Jestha at Rs. 11.00, up from Rs. 10.65 the previous month. The fund started with Rs. 83.52 crores and has invested Rs. 61.91 crores in listed shares and Rs. 14.72 lakhs in non-listed shares. It holds Rs. 14.60 crores in the bank and Rs. 1.25 crores in debentures. The net profit for Jestha is Rs. 7.89 crores, up from Rs. 5.33 crores the previous month.
NIC Asia Select-30 (NICSF), another closed-end mutual fund with a 7-year maturity, also released its NAV report for Jestha. The NAV stands at Rs. 10.99, up from Rs. 10.85 the previous month. The fund, which began with Rs. 1.25 Arba, has invested Rs. 85.48 crores in listed shares and Rs. 76.14 lakhs in non-listed shares. It holds Rs. 19.25 crores in fixed deposits and Rs. 32.02 crores in the bank. The fund reported a profit of Rs. 11.31 lakhs for Jestha, recovering from a loss of Rs. 1.64 crores the previous month.
NIC Asia Flexi Cap Fund (NICFC) reported its NAV for Jestha at Rs. 10.84, up from Rs. 10.63 the previous month. The fund, with a size of Rs. 1.02 Arba, has invested Rs. 70.59 crores in listed shares, Rs. 19.11 lakhs in non-listed shares, and Rs. 15.30 crores in fixed deposits. It also holds Rs. 22.11 crores in the bank and other assets worth Rs. 1.71 crores. The net profit for Jestha is Rs. 4.44 crores, up from Rs. 2.25 crores the previous month.
NIC Asia Growth Fund 2 (NICGF2), a 7-year closed-end mutual fund, reported its NAV for Jestha at Rs. 9.75, up from Rs. 9.69 the previous month. The fund size is Rs. 90.50 crores, with investments of Rs. 37.03 crores in listed shares, Rs. 34.70 lakhs in non-listed shares, and Rs. 12.50 crores in fixed deposits. It holds Rs. 38.67 crores in the bank and other assets worth Rs. 21.93 lakhs. The net loss for Jestha is Rs. 2.22 crores, improving from a net loss of Rs. 2.78 crores the previous month.