NAV Of Nabil Equity Fund (NEF) Declines to Rs. 10.33 | Fund to Retire on Karthik 18
November 1, 2023 | Investopaper
Nabil Equity Fund (NEF) has reported a Net Asset Value (NAV) of Rs 10.33 until the end of Ashwin, 2080 BS. As per the monthly report, the scheme has disclosed a fall in NAV as compared to the end of the previous month. As of Bhadra’s end 2080 BS BS, the NAV stood at Rs 10.44.
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NEF has a total investment of Rs 38.72 crores in stocks of listed companies. Such investment stood at Rs 66.51 crores in the previous month. Likewise, the scheme has invested Rs 10.22 crores in debenture/bonds and Rs 42 crores in the fixed deposits. As of the end of Ashwin, NEF has a bank balance of Rs 34.95 crores.
In the first three month of the current fiscal year 2080/81, NEF has posted a gross loss of Rs 5.99 crores. From the fiscal year 2078/79, the scheme had distributed a 5 percent cash dividend to its unit-holders.
About NEF
Nabil Equity Fund (NEF) is a close ended-mutual fund scheme operated by the fund manager Nabil Investment Banking Limited under Nabil Mutual Fund. The fund has a size of Rs 1.25 Arba. It has a maturity period of 7 years. The fund will retire on Karthik 18, 2080 BS.
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