Mutual Fund Performance Update: Nabil Investment Banking Funds See Rise in Net Asset Value (NAV) and Profits
Hey investors and finance enthusiasts! We’ve got an exciting update from the world of mutual funds in the Nepalese market. Nabil Investment Banking, a leading player in the investment management space, has released its latest performance figures, and the results are quite encouraging. Let’s dive into the details of how their three mutual funds fared in the month of Ashar.
Nabil Balanced Fund-2 is showing strong performance, with its NAV per unit increasing from NPR 11.43 to NPR 11.96 at the end of Ashar. The fund holds listed shares worth NPR 81.63 crore, a slight decrease from NPR 88.93 crore the previous month. Interestingly, its bank balance increased to NPR 24.24 crore. The profit for this fund reached NPR 21.49 crore by the end of Ashar, a notable increase from NPR 15.57 crore in the preceding month. This makes Nabil Balanced Fund-2 an excellent choice for diversification of investment portfolio.
Nabil Balanced Fund-3 mirrored the positive trend, with its NAV climbing from NPR 11.22 to NPR 11.74. The fund’s holdings of listed shares stood at NPR 86.48 crore at the end of Ashar, while its bank balance rose to NPR 31.94 crore. Profit for this fund saw a significant jump, reaching NPR 23.24 crore, up from NPR 16.67 crore the previous month. Mutual fund investment is crucial in the stock market today.
Finally, Nabil Flexi Cap Fund demonstrated growth, with its NAV rising from NPR 11.32 to NPR 11.67. This fund held NPR 89.75 crore in listed shares at the end of Ashar, and its bank balance stood at NPR 28.47 crore. This flexi cap fund also experienced a substantial rise in profit, reaching NPR 10.93 crore, a jump from NPR 6.77 crore the month before. For long-term investment strategy, this is a fantastic option.
These positive results across all three Nabil Investment Banking mutual funds are a testament to the company’s robust investment strategies and its ability to navigate the financial market effectively. With growing NAV and increased profits, these funds present attractive investment opportunities for both new investors and seasoned financial planners. As always, it’s crucial to conduct thorough investment research and consider your own financial goals before making any decisions. We’ll continue to bring you the latest market updates and investment insights, so stay tuned for more!
