There are currently 36 mutual funds listed on Nepal Stock Exchange. Nabil Flexi Cap Fund (NFCF) and Sanima Growth Fund (SGF) recently issued their units to the general public. Click here for a detailed list of Mutual funds.
Mutual Funds have an investment in listed/unlisted companies of Rs. 17.47 Arba in the month of Mangsir compared to Rs. 17.66 Arba in Kartik, 2079.
Similarly, the mutual fund bank balance increased to Rs. 9.108 Arba in Mangsir from Rs. 8.159 Arba in Kartik. Mutual Funds have invested in debentures and bonds amounting to Rs. 3.09 Arba. Similarly, the funds also have invested 2.26% in primary shares/Rights which amounts to Rs. 77.74 crores.
The top investments by mutual funds irrespective of sectors in the month of Mangsir are as follows:
The topmost bought stocks in Mangsir by the overall mutual fund industry are as follows:
The topmost sold stocks in Mangsir by the overall mutual fund industry are as follows:
Investment in the commercial banking industry accounts for the highest sector-wise investment of Rs. 5.987 Arba, making up 34.36% of total investment. Likewise, they have an investment of Rs. 3.143 Arba in shares of the Microfinance sector, accounting for 18.04% of the total investment. The Non-life Insurance sector stands at the third-highest investment priority for mutual funds with an investment worth Rs. 1.721 Arba, contributing 9.88% of total investments.
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. 77.87 crores. Nabil Bank Limited (NABIL) stands in the second position with an investment of Rs. 46.46 crores. Sanima Bank Limited (SANIMA) stands in the third position with an investment of Rs. 41.72 crores.
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. 32.87 crores. Muktinath Bikas Bank Limited (MNBBL) is seen in the second position with an investment worth Rs. 30.74 crores. Mahalaxmi Bikas Bank Limited (MLBL) has an investment of Rs. 12.67 crores in the third position.
As for the finance companies, the top two investments were Manjushree Finance Limited (MFIL) and Goodwill Finance company Limited (GFCL). Mutual funds invested Rs. 6.34 Crores in MFIL, and Rs. 5.33 crores in GFCL.
Hotels and Tourism:
Among the four listed hotels and the tourism sector in NEPSE, mutual funds have given higher priority to Oriental Hotel Limited (OHL) with an investment of Rs. 3.5 crores.
The inclination of investment in hydropower companies for mutual funds was in Chilime Hydropower Company Limited (CHCL) with an investment of Rs. 13.32 crores, Sanima Mai Hydropower Limited (SHPC) with an investment of Rs. 11.87 crores and Arun Valley Hydropower Development Company Limited (AHPC) with an investment of Rs. 7.6 crores.
Life Insurance Companies:
Among the life insurance companies in Nepal, National Life Insurance Company Limited (NLICL), Life Insurance Corporation Limited (LICN), and Nepal Life Insurance Company Limited (NLIC) are the investment companies of top priority for mutual funds. Mutual Fund schemes have around Rs. 43.86 crores in investments in NLICL, Rs. 31.47 crores in investments in LICN, and Rs. 22.78 crores in NLIC.
Manufacturing and Products:
Mutual Funds have invested Rs. 22.11 crores in Himalayan Distillery Limited (HDL), Rs. 12.24 crores in Shivam Cements Limited (SHIVM), and Rs. 6.29 crore in Unilever Nepal Limited (UNL) as of Mangsir, 2079.
Among the listed microfinance companies, Chhimek Laghubitta Bittiya Sanstha Limited (CBBL), Sana Kisan Laghubitta Bittiya Sanstha Limited (SKBBL), and Nirdhan Utthan Laghubitta Bittiya Sanstha Limited (NUBL) were the top three investment priorities for mutual funds. Mutual Funds invested Rs. 65.06 crores in CBBL, Rs. 33.02 crores in SKBBL, and Rs. 32.89 crores in NUBL.
The mutual fund schemes also invest in other mutual funds. Global IME Balance Fund-I (GIBF1) falls under the highest investment value mutual fund. It has an investment of Rs. 6.69 crores. Kumari Dhanabriddhi Yojana (KDBY) has the second-highest equity fund with a value of Rs. 5.78 crores. Finally, RBB Mutual Fund-1 (RMF1) stood third-highest investment of Rs. 5.73 crores.
Non-Life Insurance companies:
Among the non-life insurance companies in Nepal, Neco Insurance Company Limited (NIL), Premier Insurance Company Limited (PIC), and Shikhar Insurance Company Limited (SICL) are the investment companies of top priorities for mutual funds. Mutual Fund schemes have around Rs. 44.4 crores investments in NIL, Rs. 24.08 crores in PIC, and Rs. 16.14 crores in SICL.
Similarly, the promoter share as per the choice of mutual funds are:
As for the other sector, mutual funds have invested Rs. 24.74 crores in Nepal Reinsurance Company Limited (NRIC), and Rs. 6.49 crores in Nepal Doorsanchar Company Limited (NTC).
As for the Investment sector, Citizen Investment Trust (CIT) has the highest investment worth Rs. 21.62 crores. Similarly, Nepal Infrastructure Bank Limited (NIFRA) stands in the second position with an investment of Rs. 6.13 crores.
Change in NAV:
NAV stands for Net Asset Value which represents a fund’s per unit market value. Investors use this value to transact 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 Mangsir, 2079, Sanima Equity Fund (SAEF) NAV gained the highest by 2.96% followed by SLCF which has risen by 2.06%.
||NAV as of Mangsir 2079
||NAV as of Kartik 2079
||Sanima Equity Fund
||Sanima Large Cap Fund
||Sunrise Bluechip Fund
||NIC Asia Dynamic Debt Fund
||NIC Asia Flexi Cap Fund
||Sunrise First Mutual Fund
||Prabhu Select Fund
||Global IME Balance Fund-I
||NIBL Samriddhi Fund - 2
||NIC Asia Select-30
||NMB Sulav Investment Fund - II
||Shubha Laxmi Kosh
||Sanima Growth Fund
||Nabil Flexi Cap Fund
||NIBL Sahabhagita Fund
||Global IME Samunnat Scheme 1
||NIC ASIA Balanced Fund
||Kumari Dhanabriddhi Yojana
||NIBL Pragati Fund
||Citizens Mutual Fund-1
||Nabil Balanced Fund III
||NMB Saral Bachat Fund - E
||NMB Hybrid Fund L- 1
||Siddhartha Systematic Investment Scheme
||Nabil Equity Fund
||NIC Asia Growth Fund
||Citizens Mutual Fund - 2
||Siddhartha Investment Growth Scheme-2
||Nabil Balanced Fund - 2
||RBB Mutual Fund 1
||Kumari Equity Fund
||Laxmi Unnati Kosh
||Laxmi Equity Fund
||Siddhartha Equity Fund
||Mega Mutual Fund - 1
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.