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NAV of Nabil Balance Fund-1 Rs 21

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NAV of Nabil Balance Fund-1 Rs 21
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April 29: The NAV of Nabil Balance Fund-1 has reached Rs 21.36 in mid-April which was Rs 20.70 in mid-March.

Investors who bought a unit from primary market have gained 133 percent return from their investment. In the one hand, the investors have gained 113 percent from price fluctuation and in the other; they also have received cash dividends of 5.5 percent and 14 percent twice.

The Nabil Balance fund-1 has earned Rs 60 million net profit within a month from investment in secondary market. The fund earned net profit of 30 million from sales of stock in the month of mid-April. Similarly, the fund earned Rs 100 million from share trading till mid-March which increased to above Rs 130 in mid-April. Similarly, the outstanding return of the fund has also increased by 30 million from the share investment. The outstanding income of the fund has increased to Rs 398.5 million in mid-April which was Rs 368.8 million in mid-March.

Meanwhile, the total price of shares invested by the fund has reached Rs 1.16 billion. The fund has earned Rs 13.6 million from interest income, Rs 3.8 million from dividend income and Rs 0.2 million from other income.

Likewise, the fund has invested Rs 114.4 million in listed securities while Rs 190 million in de-listed shares. Similarly, the fund has invested Rs 75 million in fixed deposit. The operation expenses of the fund are at Rs 30 million and profit of the fund till mid-April is Rs 510 million.  

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