NIC Asia Select-30 (NICSF) Posts Gross Profit of Rs. 28.33 Crores
August 29, 2024 | Investopaper
NIC Asia Select-30 (NICSF), a mutual fund scheme operated by NIC Asia Capital Limited, has reported a Net Asset Value (NAV) of Rs. 13.68 until the end of Shrawan, 2081 BS. As per the monthly report, the scheme has disclosed a rise in NAV as compared to the end of the previous month. As of Ashad’s end, 2081 BS, the NAV stood at Rs 11.46.
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NICSF has a total investment value of Rs 123.82 crores in stocks of listed companies. Such investment stood at Rs 95.46 crores in the previous month. Likewise, the scheme has invested Rs 19.25 crores in the fixed deposits. As of the end of Shrawan, NICSF has a bank balance of Rs 28 crores.
In the first month of the current fiscal year 2080/81, NICSF has posted a gross profit of Rs 28.33 crores. From the fiscal year 2080/81, the scheme has proposed a 14 percent cash dividend to its unit-holders.
About NICSF
NICSF is a close ended-mutual fund scheme operated by the fund manager NIC Asia Capital Limited under NIC Asia Bank 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 Ashad 22, 2085 BS.
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