NAV of NIC Growth Fund increases in Shrawan

Aug 29, 2018 Merolagani

The net asset of NIC Growth Fund (NICGF) has increased to Rs 849.686 million in Shrawan compared to Rs 841.685 million in Asadh. The net asset increased by Rs 8 million in the month of Shrawan compared to the month of Asadh.

Similarly, the net asset value (NAV) of the fund increased to Rs 10.17 in Shrawan compared to Rs 10.08 of the last month. The NAV increased by Rs 0.09 during the review period,

Meanwhile, the profit of the fund decreased to Rs 266,573 compared to Rs 6.48 million of Asadh. The profit decreases by Rs 6.218 million in Shrawan compared to Asadh.

NIC Growth Fund has invested Rs 40.298 million in various stocks of 55 companies and Rs 80 million in FD. Similarly, it maintained Rs 419.363 million in bank deposit during Shrawan.

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