NIC Asia Balanced Fund (NICBF), a 10-year mutual fund scheme managed by NIC Asia Capital has published financial highlights for the month of Magh. The NAV for the period was reported at Rs. 14.27 from the previous months’ NAV of Rs. 14.60.

The scheme began with a fund size of Rs. 75.50 crores including seed capital from the fund sponsor. The scheme has invested Rs. 62.56 crores in shares of listed companies and Rs. 15.42 crores in debentures. Rs. 7.18 crore is invested in non-listed shares. Amount invested in fixed deposits stands at Rs. 9 crores while the bank balance stands at Rs. 12.08 crores.

NIC Asia Balanced Fund (NICBF) is at a profit of Rs.30.81 crores in Magh. In the previous month, it was at a net…


Read full article at ShareSansar.com


Leave a Reply

Your email address will not be published.


You May Also Like

Too Many Bad News in Single Day: NEPSE Loses 2.17% and Closes at 2,661.44 – |

The NEPSE index closed at 2,661.44 today after losing 58.99 points from…

Last Day to Apply for IPO of Emerging Nepal Limited – |

Emerging Nepal Limited is closing its IPO issue today. Investors have till…

IPO of Emerging Nepal Limited Oversubscribed 40.58 Times by 18,02,182 Applicants, IPO Closes on Sunday – |

Emerging Nepal Limited has issued 5,55,600 units worth Rs 5.5 crore as Initial…

Dolti Power Company appoints NIC ASIA Capital as issue manager to float shares in IPO; 4.5 MW project to go public – |

Dolti Power Company has appointed NIC ASIA Capital as the issue manager…

IPO of Emerging Nepal Limited Closes With 24,15,919 Profit-Hungry Applicants – |

Emerging Nepal Limited has closed its IPO issue today. The investment company…