The net assst value of both the schemes operated under NMB Mutual Fund increased

Kathmandu, March 23

NMB Hybrid Fund L1 and NMB 50, which operates under NMB Mutual Fund, published their financial statements for the month of Falgun on Tuesday.

According to the financial statement, the net asset value (NAV) of both the schemes has increased in Falgun as compared to Magh.

The NAV of NMB Hybrid Fund L1 stood at Rs. 15.03 on Falgun where as it was Rs. 14.57 on Magh. Similarly, the NAV of NMB 50 has reached Rs. 16.37 on Falgun. The net price per unit of the scheme in Magh was Rs. 16.02.

Along with the NAV of the scheme, the profit has also increased. In Magh, the profit increased by Rs. 70 crore 2 lakh, where it increased by Rs.74 crore 56 lakh. The cost of investing in listed and unlisted shares and debentures under the scheme is Rs. 97 crore 91 lakh and 15 thousand, where its market value is Rs. 1 arba 45 crore and 10 lakh.

The market value is higher than the cost price of the investment made by both the schemes in Falgun. In Falgun, both the schemes increased the share price of the companies invested in the stock market and increased the profit and NAV.