Nabil Balance Fund-1, a mutual fund scheme of Nabil Mutual Fund that
is managed by Nabil Investment Banking Limited, a subsidiary company of
the Nabil Bank Limited, has registered a slight growth in its net asset
value (NAV).
The NAV of the closed-end 5 years mutual fund scheme increased by Rs 0.25 to Rs 10.22 per unit from Rs 9.97 per unit last month.
The mutual fund scheme is sponsored by Nabil Bank Limited.
Nabil Balanced Fund- 1 has 75 million unit shares of Rs 10 face value, which translates into a Rs 750 million fund that can be mobilized to invest in equities and equity related instruments and debt securities, including the money market instruments of Nepal.
As per a data published for the month of Asar, 2070, Nabil Investment Banking Limited has invested Rs 31.47 crore in listed shares and Rs 6.40 crore in debentures.
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