September 1, 2023 | Investopaper
NIBL Pragati Fund (NIBLPF) has reported a Net Asset Value (NAV) of Rs 10.48 until the end of Shrawan, 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 Ashad’s end 2080 BS, the NAV stood at Rs 10.68.
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NIBLPF has a total investment value of Rs 43.76 crores in stocks of listed companies. Such investment stood at Rs 49.40 crores in the previous month. The scheme has no investment in debenture/bonds and fixed deposits. As of the end of Shrawan, NIBLPF has a bank balance of Rs 20.09 crores.
In the first month of the current fiscal year 2080/81, NIBLPF has posted a gross loss of Rs 1.44 crores. From the previous fiscal year 2079/80, the scheme has proposed a 6.8 percent cash dividend to its unit-holders.
NIBL Pragati Fund (NIBLPF) is a close ended-mutual fund scheme operated by the fund manager NIMB Ace Capital Limited under NIBL Mutual Fund. The fund has a size of Rs 75 crores. It has a maturity period of 7 years. The fund will retire on Poush 26, 2080 BS.
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