How Did Mutual Fund Perform in the Month of Ashwin? A Complete Analysis of Multiple Factors
Wed, Nov 2, 2022 11:07 AM on Mutual Fund, Exclusive,
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Mutual Funds have an investment in listed/unlisted companies of Rs. 17.10 Arba in the month of Ashwin compared to Rs. 17.30 Arba in Bhadra, 2079.
Similarly, the mutual fund bank balance decreased to Rs. 8.583 Arba in Ashwin from Rs. 8.926 Arba in Bhadra. Mutual Funds have invested in debentures and bonds amounting to Rs. 3.24 Arba. Similarly, the funds also have invested 1.64% in primary shares/Rights which amounts to Rs. 54.75 crores.
The top investments by mutual funds irrespective of sectors in the month of Ashwin are as follows:
The topmost bought stocks in Ashwin by the overall mutual fund industry are as follows:
The topmost sold stocks in Ashwin by the overall mutual fund industry are as follows:
Sector-wise Breakdown
Investment in the commercial banking industry accounts for the highest sector-wise investment of Rs. 6.183 Arba, making up 36% of total investment. Likewise, they have an investment of Rs. 3.12 Arba in shares of the Microfinance sector, accounting for 18.21% of total investment. The Non-life Insurance sector stands at the third-highest investment priority for mutual funds with an investment worth Rs. 1.656 Arba, contributing 9.64% of total investments.
Commercial Banks:
Among the commercial banks, NIC Asia Bank Limited (NICA) is seen as the top priority for investment by mutual funds. It accounts for an investment worth Rs. 70.84 crores. Nabil Bank Limited (NABIL) stands in the second position with an investment of Rs. 52.18 crores. Sanima Bank Limited (SANIMA) stands in the third position with an investment of Rs. 45.70 crores.
Development Banks:
As for the development banks, Garima Bikas Bank Limited (GBBL) has the highest investment preference among mutual funds. The mutual funds have invested an amount worth Rs. 30.13 crores. Muktinath Bikas Bank Limited (MNBBL) is seen in the second position with an investment worth Rs. 28.99 crores. Mahalaxmi Bikas Bank Limited (MLBL) has an investment of Rs. 12.98 crores at the third position.
Finance:
As for the finance companies, the top two investments were Manjushree Finance Limited (MFIL) and Goodwill Finance company Limited (GFCL). Mutual funds invested Rs. 5.15 Crores in MFIL, and Rs. 4.39 crores in GFCL.
Hotels and Tourism:
Among the four listed hotels and a tourism sector in NEPSE, mutual funds have given higher priority to Oriental Hotel Limited (OHL) with an investment of Rs. 3.12 crores.
Hydropower Companies:
The inclination of investment in hydropower companies for mutual funds was in Chilime Hydropower Company Limited (CHCL) with an investment of Rs. 10.94 crores, Sanima Mai Hydropower Limited (SHPC) with an investment of Rs. 9.13 crores and Arun Valley Hydropower Development Company Limited (AHPC) with an investment of Rs. 7.69 crores.
Life Insurance Companies:
Among the life insurance companies in Nepal, National Life Insurance Company Limited (NLICL), Life Insurance Corporation Limited (LICN) and Prime Life Insurance Company Limited (PLIC) are the investment companies of top priorities for mutual funds. Mutual Fund schemes have around Rs. 43.84 crores in investments in NLICL, Rs. 25.33 crores investments in LICN, and Rs. 20.29 crores in PLIC.
Manufacturing and Products:
Mutual Funds have invested Rs. 22.16 crores in Himalayan Distillery Limited (HDL), Rs. 12.38 crores in Shivam Cements Limited (SHIVM) and Rs. 6.51 crore in Unilever Nepal Limited (UNL) as of Ashwin, 2079.
Microfinance Companies:
Among the listed microfinance companies, Chhimek Laghubitta Bittiya Sanstha Limited (CBBL), Nirdhan Utthan Laghubitta Bittiya Sanstha Limited (NUBL) and Sana Kisan Laghubitta Bittiya Sanstha Limited (SKBBL) were the top three investment priorities for mutual funds. Mutual Funds invested Rs. 63.76 crores in CBBL, Rs. 33.61 crores in NUBL, and Rs. 31.09 crores in SKBBL.
Mutual Fund:
The mutual fund schemes also invest in other mutual funds. Kumari Dhanabriddhi Yojana (KDBY) falls under the highest investment value mutual fund. It has an investment of Rs. 5.95 crores. NIC Asia Flexi Cap Fund (NICFC) has the second-highest equity fund with a value of Rs. 5.88 crores. Finally, RBB Mutual Fund-1 (RMF1) stood third-highest investment of Rs. 5.45 crores.
Non-Life Insurance companies:
Among the non-life insurance companies in Nepal, Neco Insurance Company Limited (NIL), Premier Insurance Company Limited (PIC), and Sagarmatha Insurance Company Limited (SIC) are the investment companies of top priorities for mutual funds. Mutual Fund schemes have around Rs. 40.08 crores investments in NIL, Rs. 26.73 crores in PIC, and Rs. 15.46 crores in SIC.
Promoter shares:
Similarly, the promoter share as per the choice of mutual funds are:
Others:
As for the other sector, mutual funds have invested Rs. 20.38 crores in Nepal Reinsurance Company Limited (NRIC), Rs. 9.58 crores in Nepal Doorsanchar Company Limited (NTC).
Investment:
As for the Investment sector, Citizen Investment Trust (CIT) has the highest investment worth Rs. 20.26 crores. Similarly, Nepal Infrastructure Bank Limited (NIFRA) stands in the second position with an investment of Rs. 6.48 crores.
Change in NAV:
NAV stands for Net Asset Value which represents a fund’s per unit market value. Investors use this Value for the transaction of a particular mutual fund in the market. Since the NAV is calculated by subtracting all the liabilities from the total value of all the assets in a portfolio, the value changes in accordance with the change in their asset and liabilities.
In the month of Ashwin, 2079, Sanima Equity Fund (SAEF) NAV lost highest by 18.06% followed by GIMES1 which has fallen by 3.01%.
| S.No. | Mutual Fund | Symbol | NAV as of Ashwin 2079 | NAV as of Bhadra 2079 | Price Change | % Change |
|---|---|---|---|---|---|---|
| 1 | Sanima Equity Fund | SAEF* | 11.43 | 13.95 | -2.52 | -18.06% |
| 2 | Global IME Samunnat Scheme 1 | GIMES1 | 9.02 | 9.30 | -0.28 | -3.01% |
| 3 | NMB Hybrid Fund L- 1 | NMBHF1 | 10.62 | 10.90 | -0.28 | -2.57% |
| 4 | Nabil Balanced Fund - 2 | NBF2 | 10.1 | 10.36 | -0.26 | -2.51% |
| 5 | Laxmi Equity Fund | LEMF | 9.39 | 9.63 | -0.24 | -2.49% |
| 6 | Siddhartha Investment Growth Scheme-2 | SIGS2 | 9.39 | 9.60 | -0.21 | -2.19% |
| 7 | Siddhartha Equity Fund | SEF | 9.47 | 9.68 | -0.21 | -2.17% |
| 8 | Nabil Equity Fund | NEF | 9.93 | 10.15 | -0.22 | -2.17% |
| 9 | Laxmi Unnati Kosh | LUK | 9.67 | 9.88 | -0.21 | -2.13% |
| 10 | Siddhartha Systematic Investment Scheme | SSIS | 7.78 | 7.94 | -0.16 | -2.02% |
| 11 | Sanima Large Cap Fund | SLCF | 8.53 | 8.70 | -0.17 | -1.95% |
| 12 | Nabil Balanced Fund III | NBF3 | 8.13 | 8.28 | -0.15 | -1.81% |
| 13 | Sunrise Bluechip Fund | SBCF | 8.54 | 8.66 | -0.12 | -1.39% |
| 14 | NIBL Pragati Fund | NIBLPF | 9.64 | 9.77 | -0.13 | -1.33% |
| 15 | Sunrise First Mutual Fund | SFMF | 11.19 | 11.32 | -0.13 | -1.15% |
| 16 | NMB Saral Bachat Fund - E | NMBSBF | 8.68 | 8.77 | -0.09 | -1.03% |
| 17 | Kumari Equity Fund | KEF | 10.19 | 10.28 | -0.09 | -0.88% |
| 18 | NIBL Samriddhi Fund - 2 | NIBSF2 | 8.33 | 8.40 | -0.07 | -0.83% |
| 19 | NMB 50 | NMB50 | 10.67 | 10.75 | -0.08 | -0.74% |
| 20 | Global IME Balance Fund-I | GIBF1 | 9.73 | 9.80 | -0.07 | -0.71% |
| 21 | Citizens Mutual Fund-1 | CMF1 | 8.84 | 8.90 | -0.06 | -0.67% |
| 22 | Mega Mutual Fund - 1 | MMF1 | 8.08 | 8.13 | -0.05 | -0.62% |
| 23 | NIC Asia Growth Fund | NICGF | 12.42 | 12.49 | -0.07 | -0.56% |
| 24 | NIBL Sahabhagita Fund | NIBLSF | 9.86 | 9.90 | -0.04 | -0.40% |
| 25 | RBB Mutual Fund 1 | RMF1 | 8.9 | 8.93 | -0.03 | -0.34% |
| 26 | NIC Asia Flexi Cap Fund | NICFC | 9.96 | 9.99 | -0.03 | -0.30% |
| 27 | Prabhu Select Fund | PSF | 9.72 | 9.74 | -0.02 | -0.21% |
| 28 | NIC ASIA Balanced Fund | NICBF | 11.88 | 11.90 | -0.02 | -0.17% |
| 29 | Citizens Mutual Fund - 2 | CMF2 | 9.61 | 9.61 | 0 | 0.00% |
| 30 | Kumari Dhanabriddhi Yojana | KDBY | 10.02 | 10.02 | 0 | 0.00% |
| 31 | NMB Sulav Investment Fund - II | NMBSF2 | 9.99 | 9.97 | 0.02 | 0.00% |
| 32 | Shubha Laxmi Kosh | SLK | 9.87 | 9.89 | -0.02 | 0.00% |
| 33 | NIC Asia Dynamic Debt Fund | NADDF | 10.77 | 10.75 | 0.02 | 0.19% |
| 34 | NIC Asia Select-30 | NICSF | 9.93 | 9.89 | 0.04 | 0.40% |
* SAEF Dividend Adjusted
Analyzing the pattern of investment of mutual fund schemes can help investors design their own investment portfolios, and customize them on the basis of risk-taking capacity. It is also helpful for relatively new investors to make buy/sell decisions based on the decisions of the mutual fund's schemes and safeguard themselves against some risk.
All the data are generated from SSpro Software. To know more about the software, click on the link below
Disclaimer: Any kind of information that is provided in the article should not be used as sole advice or recommendation by investors in order to design their investment portfolio. So, before taking steps for any kind of information, the investors are required to base their judgment on their financial analysis, the appropriateness of the information, and seek independent financial advice. The information about the company has been taken from authorized sources like the website of company. NEPSE, financial reports, and press releases of the companies. So, any changes not updated in these may differ in the analysis.
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