Know How Did The Mutual Funds Perform in Kartik, A Complete Analysis of Multiple Factors
Tue, Dec 2, 2025 12:31 PM on Mutual Fund, SS Pro, Highlight News,
There are currently 40 closed-end mutual funds listed on the Nepal Stock Exchange, whereas 12 open-end schemes are traded directly with the respective fund manager, upon which there will be 52 schemes altogether.
Click here for a detailed list of Mutual funds:
Mutual Fund Schemes have an accumulative investment in listed/unlisted companies of Rs. 50.12 Arba in the month of Kartik, 2082, compared to Rs. 48.67 Arba in Ashwin, 2082.
Similarly, the mutual fund bank balance increased to Rs. 10.65 Arba in Kartik from Rs. 10.49 Arba in Ashwin. Mutual Funds have invested in debentures and bonds amounting to Rs. 3.71 Arba. Similarly, the funds have also invested 2.11% in primary shares/Rights, which amounts to Rs. 1.41 Arba.
The top investments by mutual funds, irrespective of sectors, in the month of Kartik, are as follows:
The topmost bought stocks in Kartik by the overall mutual fund industry are as follows:
The topmost sold stocks in Kartik by the overall mutual fund industry are as follows:
Sector-wise Breakdown
Mutual funds had significant holdings in various sectors as of the end of Kartik. Investment in the commercial banking industry accounts for the highest sector-wise investment of Rs. 9.02 Arba, making up 18.00% of total investment. Likewise, they have an investment of Rs. 6.53 Arba in shares of the Microfinance sector, for 13.04% of the total investment. The Hydropower sector stands at the third-highest investment priority for mutual funds, with an investment worth Rs. 6.48 Arba, contributing 12.95% of total investments.
Smaller allocations were observed in sectors like manufacturing and products, promoter share, and others. These sector-wise holdings provide insight into the diversification strategies employed by mutual funds and their preferences for sector exposure.
Commercial Banks:
Among the commercial banks, Everest Bank Limited (EBL) is seen as the top priority for investment mutual funds. It accounts for an investment worth Rs. 1.21 Arba. Sanima Bank Limited (SANIMA) stands in second place with an of Rs. 97.5 crores. Prime Commercial Bank Limited (PCBL ) stands in the third position with an investment of Rs. 87.4 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. 1.11 Arba. Shine Resunga Development Bank Limited (SHINE) is seen in the second position with an investment worth Rs. 71.64 crores. Muktinath Bikas Bank Limited (MNBBL) has an investment of Rs. 64.16 crores in the third position.
Finance:
As for the finance companies, the top two investments were Manjushree Finance Limited (MFIL) and ICFC Finance Limited (ICFC). Mutual funds invested Rs. 22.3 Crores in MFIL and Rs. 16.94 Crores in ICFC.
Hotels and Tourism:
Among the Six listed hotels and the tourism sector in NEPSE, mutual funds have given higher priority to Soaltee Hotel Limited (SHL) with an investment of Rs. 55.22 crores.
Hydropower Companies:
The inclination of investment in hydropower companies for mutual funds was in Mountain Energy Nepal Limited (MEN) with an investment of Rs. 1.08 Arba, with an investment of Api Power Company Limited (API) of Rs. 83.5 crores, and Sahas Urja Limited (SAHAS) with an investment of Rs. 62.13 crores.
Life Insurance Companies:
Among the life insurance companies in Nepal, National Life Insurance Company Limited (NLICL), Nepal Life Insurance Company Limited (NLIC), and Asian Life Insurance Company Limited (ALICL) are the top priority investment companies for mutual funds. Mutual Fund schemes have around Rs. 1.55 Arba in investments in NLICL, Rs. 1.34 Arba in investments in NLIC, and Rs. 69.38 crore in ALICL.
Manufacturing and Products:
Mutual Funds have invested Rs. 1.30 Arba in Shivam Cements Limited (SHIVM), Rs. 54.36 crore in Sarbottam Cements Limited (SARBTM), and Rs. 44.99 crore in Himalayan Distillery Limited (HDL), as of Kartik, 2082.
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. 1.37 Arba in CBBL, Rs. 1.03 Arba in NUBL, and Rs. 98.83 crores in SKBBL.
Mutual Fund:
The mutual fund schemes also invest in other mutual funds. NIBL Stable Fund (NIBLSTF) falls under the highest investment value mutual fund. It has an investment of Rs. 17.95 crores. NIC Asia Growth Fund 2 (NICGF2) has the second-highest equity fund with a value of Rs. 16.97 crores. Finally, Kumari Sabal Yojana (KSY) stood as the third-highest investment of Rs. 12.15 crores.
Non-life insurance companies:
Among the non-life insurance companies in Nepal, Siddhartha Premier Insurance Limited (SPIL), Sagarmatha Lumbini Insurance Company Limited (SALICO) and Neco Insurance Company Limited (NIL), are the investment companies of top priority for mutual funds. Mutual Fund schemes have around Rs. 1.29 Arba investments in SPIL, Rs. 1.10 Arba in SALICO and Rs. 1.05 Arba in NIL.
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. 1.03 Arba in Himalayan Reinsurance Limited (HRL), and Rs. 98.37 crores in Nepal Reinsurance Company Limited (NRIC).
Investment:
As for the Investment sector, Citizen Investment Trust (CIT) has the highest investment worth Rs. 67.87 crores. Similarly, CEDB Hydropower Development Company Limited (CHDC) stands in the second position with an investment of Rs. 43.31 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 following the change in their asset and liabilities.
In the month of Kartik, 2082, Muktinath Mutual Fund 1 (MNMF1) NAV gained the highest by 4.74%. Conversely, HLI Large Cap Fund (HLICF) gained the least, 0.31 %.
| S.N | Mutual Fund | Symbol | NAV as of Kartik | NAV as of Ashwin | Price Change | % Change |
|---|---|---|---|---|---|---|
| 1 | Muktinath Mutual Fund 1 | MNMF1 | 9.51 | 9.08 | 0.43 | 4.74% |
| 2 | Garima Samriddhi Yojana | GSY | 9.29 | 8.95 | 0.34 | 3.80% |
| 3 | Citizens Mutual Fund - 2 | CMF2 | 9.45 | 9.11 | 0.34 | 3.73% |
| 4 | Prabhu Systematic Investment Scheme | PSIS | 9.7 | 9.4 | 0.3 | 3.19% |
| 5 | Sunrise First Mutual Fund | SFMF | 10.09 | 9.78 | 0.31 | 3.17% |
| 6 | Himalayan 80-20 | H8020 | 11.00 | 10.69 | 0.31 | 2.90% |
| 7 | MBL Equity Fund | MBLEF | 10.08 | 9.8 | 0.28 | 2.86% |
| 8 | Prabhu Select Fund | PSF | 11.31 | 11.01 | 0.3 | 2.72% |
| 9 | Nabil Balanced Fund III | NBF3 | 9.83 | 9.57 | 0.26 | 2.72% |
| 10 | Citizens Sadabahar Yojana | CSY | 9.46 | 9.21 | 0.25 | 2.71% |
| 11 | Global IME Samunnat Yojana -II | GBIMESY2 | 9.36 | 9.12 | 0.24 | 2.63% |
| 12 | Global IME Balance Fund-I | GIBF1 | 11.09 | 10.82 | 0.27 | 2.50% |
| 13 | Kumari Dhanabriddhi Yojana | KDBY | 10.31 | 10.06 | 0.25 | 2.49% |
| 14 | Reliable Samriddhi Yojana | RSY | 9.98 | 9.74 | 0.24 | 2.46% |
| 15 | Siddhartha Equity Fund | SEF | 9.61 | 9.38 | 0.23 | 2.45% |
| 16 | Nabil Flexi Cap Fund | NFCF | 10.06 | 9.82 | 0.24 | 2.44% |
| 17 | Kumari Sunaulo Lagani Yojana | KSLY | 10.68 | 10.43 | 0.25 | 2.40% |
| 18 | NIBL Sahabhagita Fund | NIBLSF | 9.63 | 9.41 | 0.22 | 2.34% |
| 19 | Kumari Sabal Yojana | KSY | 9.64 | 9.42 | 0.22 | 2.34% |
| 20 | Citizens Super 30 Mutual Fund | C30MF | 9.9 | 9.68 | 0.22 | 2.27% |
| 21 | Sunrise Bluechip Fund | SBCF | 9.45 | 9.24 | 0.21 | 2.27% |
| 22 | Siddhartha Investment Growth Scheme-2 | SIGS2 | 9.91 | 9.69 | 0.22 | 2.27% |
| 23 | RBB Mutual Fund 2 | RMF2 | 10.13 | 9.91 | 0.22 | 2.22% |
| 24 | Prabhu Smart Fund | PRSF | 11.54 | 11.3 | 0.24 | 2.12% |
| 25 | Sanima Large Cap Fund | SLCF | 9.64 | 9.44 | 0.2 | 2.12% |
| 26 | Laxmi Value Fund-II | LVF2 | 9.8 | 9.6 | 0.2 | 2.08% |
| 27 | NMB 50 | NMB50 | 9.88 | 9.68 | 0.2 | 2.07% |
| 28 | Sanima Growth Fund | SAGF | 9.99 | 9.79 | 0.2 | 2.04% |
| 29 | Shubha Laxmi Kosh | SLK | 9.97 | 9.78 | 0.19 | 1.94% |
| 30 | Siddhartha Systematic Investment Scheme | SSIS | 10.07 | 9.88 | 0.19 | 1.92% |
| 31 | NMB Sulav Investment Fund - II | NSIF2 | 11.01 | 10.81 | 0.2 | 1.85% |
| 32 | Sanima Flexi Fund | SFF | 9.91 | 9.74 | 0.17 | 1.75% |
| 33 | NMB Hybrid Fund L-II | NMBHF2 | 9.96 | 9.79 | 0.17 | 1.74% |
| 34 | RBB Mutual Fund 1 | RMF1 | 9.38 | 9.22 | 0.16 | 1.74% |
| 35 | Sunrise Focused Equity Fund | SFEF | 10.1 | 9.93 | 0.17 | 1.71% |
| 36 | Siddhartha Investment Growth Scheme 3 | SIGS3 | 10.2 | 10.03 | 0.17 | 1.69% |
| 37 | NIBL Samriddhi Fund - 2 | NIBSF2 | 9.3 | 9.16 | 0.14 | 1.53% |
| 38 | NIBL Growth Fund | NIBLGF | 9.31 | 9.17 | 0.14 | 1.53% |
| 39 | NIBL Stable Fund | NIBLSTF | 9.25 | 9.12 | 0.13 | 1.43% |
| 40 | Kumari Equity Fund | KEF | 9.57 | 9.44 | 0.13 | 1.38% |
| 41 | Mega Mutual Fund - 1 | MMF1 | 9.11 | 9 | 0.11 | 1.22% |
| 42 | NIC Asia Dynamic Debt Fund | NADDF | 9.54 | 9.43 | 0.11 | 1.17% |
| 43 | NIC ASIA Balanced Fund | NICBF | 9.67 | 9.56 | 0.11 | 1.15% |
| 44 | Nabil Balanced Fund - 2 | NBF2 | 10.02 | 9.91 | 0.11 | 1.11% |
| 45 | NIC Asia Select-30 | NICSF | 9.12 | 9.02 | 0.1 | 1.11% |
| 46 | Laxmi Unnati Kosh | LUK | 9.56 | 9.46 | 0.1 | 1.06% |
| 47 | NMB Saral Bachat Fund - E | NMBSBF | 10.00 | 9.90 | 0.1 | 1.01% |
| 48 | NIC Asia Growth Fund 2 | NICGF2 | 9.71 | 9.62 | 0.09 | 0.94% |
| 49 | NI 31 | NI31 | 9.74 | 9.65 | 0.09 | 0.93% |
| 50 | NIC Asia Flexi Cap Fund | NICFC | 9.68 | 9.6 | 0.08 | 0.83% |
| 51 | NIC ASIA Equity Linked Investment Scheme | NICELIS | 9.61 | 9.55 | 0.06 | 0.63% |
| 52 | HLI Large Cap Fund | HLICF | 9.72 | 9.69 | 0.03 | 0.31% |
All the data are generated from SSpro Software. To learn 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 and 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 the company. NEPSE, financial reports, and press releases of the companies. So, any changes not updated in these may differ in the analysis.
