November 1, 2022 | Investopaper
Citizens Mutual Fund-2 (CMF2) has reported a Net Asset Value (NAV) of Rs 9.61 until the end of Ashwin, 2079 BS. As per the monthly report, the scheme has disclosed a stable NAV as compared to the end of the previous month. As of Bhadra’s end 2079 BS, the NAV stood at Rs 9.61.
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CMF2 has a total investment of Rs 28.75 crores in stocks of listed companies. Such investment stood at Rs 28.58 crores in the previous month. Likewise, the scheme has invested Rs 10.03 crores in debenture/bonds and Rs 7.5 crores in the fixed deposits. As of the end of Ashwin, CMF2 has a bank balance of Rs 7.27 crores.
In the first three months of the current fiscal year 2079/80, the scheme has posted a loss of Rs 1.74 crores. In the fiscal year 2077/78, the scheme had distributed a 40 percent cash dividend to its unit-holders.
Citizens Mutual Fund-2 (CMF2) is a close ended-mutual fund scheme operated by the fund manager CBIL Capital Limited under Citizens Mutual Fund. The fund has a size of Rs 56 crores. It has a maturity period of 7 years. The fund will retire on Ashad 21, 2083 BS.
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