There are currently 11 mutual funds run by 6 merchant banks in Nepal. Laxmi Equity Fund recently floated its public issue and had already been listed in Nepal Stock Exchange Limited (NEPSE). All the mutual funds have published their monthly report. Today, Five Mutual Fund published financial report of Shrawan end and they are NMB Sulav Investment Fund-1 (NMBSF1), NMB Hybrid Fund L-1 (NMBHF1), Global IME Samunnat Scheme-1 (GIMES1), Laxmi Value Fund-1 (LVF1) and Laxmi Equity Fund (LEF).
Based on their report for the month of Shrawan 2074 of mutual fund companies, NMB Sulav Investment Fund-1 (NMBSF-1) 5 years closed-end mutual fund scheme has the highest Net Asset Value (NAV) which remains at Rs 17.06 per unit. NMBSF1 has recently proposed 21.0563 percent cash dividend to its unit holders. Its last trading price was at Rs 13.7 as of yesterday (July 30, 2017). Laxmi Equity Fund, a 7 years close-ended mutual fund scheme has the lowest Net Asset Value as of Shrawan 2074 end, which stands at only Rs 9.97 per unit. This is lower than its par value of Rs 10 per unit. Its last trading price as of yesterday was at Rs 10.15.
| S.No. |
1 |
2 |
3 |
4 |
5 |
| Mutual Fund Companies |
NMBHF1 |
NMBSF1 |
GIMES1 |
LVF |
LEF |
| Scheme Duration |
7 years |
5 years |
5 year |
5 years |
7 years |
| License Approval Date |
Bhadra 14, 2073 |
Bhadra 20, 2071 |
Magh 13, 2072 |
Magh 9, 2071 |
Baisakh 3, 2074 |
| Fund Size |
Rs 100 cr |
Rs 75 cr |
Rs 100 cr |
Rs 50 cr |
Rs 1.25 arba |
| NAV (Rs.) |
10.62 |
17.06 |
10.64 |
11.97 |
9.97 |
| Public Issue (IPO/Right Share/Bonus Share) Rs. |
64.07 lakh |
3.32 cr |
5.52 cr |
15.63 lakh |
12.06 lakh |
| Cash Balance Rs. |
18.35 cr |
37.36 cr |
15.24 cr |
18.44cr |
65.59 cr |
| Other Asset Rs. |
2.89 cr |
1.93 cr |
1.44 cr |
1.89 cr |
17.42 lakh |
| Total Companies |
42 |
70 |
93 |
40 |
46 |
| Listed Share investment (Rs) |
30.63 cr |
71.92 cr |
76.26 cr |
32.77 cr |
36.84 cr |
