November 1, 2023 | Investopaper
NMB Saral Bachat-E, a mutual fund scheme operated by NMB Capital Limited, has reported a Net Asset Value (NAV) of Rs 8.81 until the end of Ashwin, 2080 BS. As per the monthly report, the scheme has disclosed a decline in NAV as compared to the end of the previous month. As of Bhadra’s end 2080 BS, the NAV stood at Rs 9.23.
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NMB Saral Bachat-E has a total investment value of Rs 90.52 crores in stocks of listed securities. Such investment stood at Rs 93.60 crores in the previous month. Likewise, the scheme has invested Rs 15.65 crores in the fixed deposits and Rs. 5.95 crores in debentures. As of the end of Ashwin, the scheme has a bank balance of Rs 11.96 crores.
In the first three month of the current fiscal year 2080/81, the mutual fund scheme has posted a gross loss of Rs 9.89 crores.
About NMB Saral Bachat-E Scheme
NMB Saral Bachat-E is an open ended-mutual fund scheme operated by the fund manager NMB Capital Limited under NMB Mutual Fund. The fund received approval for operation from Securities Board Of Nepal (SEBON) on Shrawan 22, 2078 BS.
As of Ashwin’s end 2080 BS, the fund has a size of Rs. 145.05 crores.
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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