NIMB Ace Capital Limited has released the Net Asset Value (NAV) reports for all five of its mutual fund schemes for the month of Shrawan 2081, showcasing the financial performance and asset allocation of each fund.
NIBL Sahabhagita Fund (NIBLSF), the first open-ended fund in the portfolio, differs from other closed-ended funds as it is not tradable on the Nepal Stock Exchange and does not have a fixed maturity period. The fund size remained stable at Rs. 3.99 Arba in Shrawan, consistent with the previous month. The NAV of NIBLSF saw a rise, standing at Rs. 11.93 at the end of Shrawan, up from Rs. 10.54 the month before. The scheme has invested Rs. 2.63 Arba in listed shares and Rs. 31.78 crore in public issues, right shares, and bonus shares. Additionally, the fund holds Rs. 31.60 crore in fixed deposits and Rs. 16.39 crore in bonds and debentures. The bank balance of the scheme stands at Rs. 1.57 Arba, with the fund posting a net profit of Rs. 49.61 crore in Shrawan, a significant increase from the Rs. 14.85 crore profit reported the previous month.
NIBL Samriddhi Fund – II (NIBSF2), a 10-year closed-end fund, also published its NAV report. The fund size is Rs. 1.5 Arba, and the NAV for Shrawan stands at Rs. 11.14, up from Rs. 9.58 in the previous month. The fund has allocated Rs. 1.21 Arba in listed shares and Rs. 12.78 crore in bonds and debentures, with Rs. 15 crore in fixed deposits and Rs. 2.52 crore in bank deposits. The fund’s investment in public issues amounts to Rs. 15.92 crore, with Rs. 1.22 crore worth of other assets. Despite these investments, the fund reported a net loss of Rs. 3.05 crore in Shrawan, compared to a profit of Rs. 4.67 crore in the previous month.
NIBL Growth Fund (NIBLGF), another 10-year closed-end fund, disclosed its NAV report, showing a fund size of Rs. 1.32 Arba. The NAV for Shrawan is Rs. 12.46, an increase from Rs. 10.64 last month. The fund has invested Rs. 1.07 Arba in listed shares and Rs. 7.33 crore in bonds and debentures, with Rs. 8 crore in fixed deposits and Rs. 22.14 crore in bank deposits. Investments in public issues amount to Rs. 13.88 crore, with Rs. 7.41 crore in other assets. The fund reported a net profit of Rs. 22.51 crore in Shrawan, a significant rise from Rs. 5.24 crore the previous month.
Mega Mutual Fund 1 (MMF-1), a 10-year closed-end fund with an initial size of Rs. 1.25 Arba, reported its NAV at Rs. 12.05 for Shrawan, up from Rs. 9.28 the previous month. The fund has invested Rs. 1.25 Arba in listed shares, Rs. 25.52 lakh in non-listed shares, and Rs. 10 crore in fixed deposits. The bank deposits amount to Rs. 6.85 crore, with Rs. 8.14 crore in other assets. The fund posted a net profit of Rs. 13.68 crore in Shrawan, a notable increase from the Rs. 4.59 crore profit in the previous month.
NIBL Stable Fund, another closed-end fund, has a fund size of Rs. 1.13 Arba and reported a NAV of Rs. 10.88 for Shrawan, up from Rs. 10.16 in the previous month. The fund has invested Rs. 58.88 crore in listed shares, Rs. 5 crore in fixed deposits, and Rs. 61.98 crore in bank deposits, with Rs. 2.72 crore in other assets. The fund achieved a net profit of Rs. 9.62 crore in Shrawan, compared to Rs. 1.84 crore in the previous month.
