Nabil Flexi Cap Fund Reports Decline in NAV in Ashwin
November 1, 2023 | Investopaper
Nabil Flexi Cap Fund has reported a Net Asset Value (NAV) of Rs 9.41 until the end of Ashwin, 2080 BS. As per the monthly report, the scheme has disclosed a drop in NAV as compared to the end of the previous month. As of Bhadra’s end 2080 BS, the NAV stood at Rs 9.56.
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The mutual fund scheme has a total investment value of Rs 25.21 crores in stocks of listed securities. Such investment stood at Rs 24.47 crores in the previous month. Likewise, the scheme has invested Rs 2.75 crores in debenture/bonds and Rs 6.75 crores in the fixed deposits. As of the end of Ashwin, the scheme has a bank balance of Rs 12.66 crores.
In the first three month of the current fiscal year 2080/81, the open-ended scheme has posted a gross loss of Rs. 2.43 crores.
About Nabil Flexi Cap Fund
Nabil Flexi Cap Fund is an open ended-mutual fund scheme operated by the fund manager Nabil Investment Banking Limited under Nabil Mutual Fund. The fund has a size of Rs 51.03 crores [Ashwin End, 2080 BS].
In an open-ended mutual fund, interested investors can purchase or sell the units of the fund directly from the fund. There is no need to purchase from existing unitholders.
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