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ShareSansar July 17:

There are six licensed mutual fund schemes run by five merchant Banks so far in Nepal. ShareSansar has concluded most preferable sector of each mutual fund scheme as of Jestha end, 2072.



Siddhartha Investment Growth Scheme-1 (SIGS1)

Siddhartha Investment Growth Scheme-1 (SIGS1), a closed-end 5 years mutual fund scheme managed by Siddhartha Capital Limited (SCL), SCL is a subsidiary of Siddhartha Bank Limited. The Scheme was approved by SEBON on Ashwin, 2069. The base size of the scheme was Rs 50 crore in the beginning whereas now it stands at Rs 88.12 crore.  Its NAV stands at Rs 17.41 as of Jestha end. Its last trading price stood at Rs 14.80 as of July 16 in NEPSE.

Siddhartha Investment Growth Scheme has an investment worth Rs 47.83 crore in stocks of commercial banks, which accounts for 59.16% of its total fund of Rs 82.65 crore invested in listed shares.

After commercial banks, SIGS has favored Non life insurance sector (Rs 8.31 crore or 10.06%), followed by Hydropower (Rs 7.34 crore or 8.89%).

Nabil Balance Fund-1 (NBF1)

Nabil Balance Fund-1 (NBF1), a closed end 5 years mutual fund scheme managed by Nabil Investment Banking Limited, a subsidiary company of the Nabil Bank Limited.  The merchant banker had floated 60 million units scheme of Rs 10 face value from 7th to 11th Chaitra, 2069 for the general public.

The scheme value of Nabil Balance Fund -1 was Rs 75 crore and now its scheme value amount is Rs 1.13 arba. Its present NAV stands at Rs 15.25 and last trading price stands at Rs 13.50 as on July 16 in NEPSE.

NBF1 has invested Rs 37.02 crore in commercial banking stocks. It has chosen Microfinance sector as its second most preferred investment option after commercial banks. From its total fund of Rs 76.38 crore, Nabil Balance Fund-1 has invested 15.36% or Rs 11.73 crore in microfinance, followed by 10.04% or Rs 7.68 crore in the Hydropower sector.  

Siddhartha Equity Oriented Scheme (SEOS)

Siddartha Capital’s another scheme Siddhartha Equity Oriented Scheme (SEOS) is a 5 year closed end mutual scheme. The base size of the scheme was 100 crore at the beginning and now it stands at Rs 96.53 crore.

The Scheme was approved by SEBON on Jestha, 2071.  Its latest NAV stands at Rs 9.73. Last trading price stands at Rs 10.18 in NEPSE.

Siddhartha Equity Oriented Scheme (SEOS) has bought banking stocks worth just Rs 35.87 crore or 58.54%. Siddhartha Capital’s penchant for Hydropower stocks becomes apparent with the company investing 7.70% or Rs 4.72 crore from its second mutual fund scheme, Siddhartha Equity Oriented Scheme.

NMB Sulav Investment Fund- 1 (NMBSF1)

NMB Sulav Investment Fund- 1 (NMBSF1) a closed-end 5 years mutual fund scheme managed by NMB Capital Limited, a subsidiary of NMB Bank Limited. The Scheme was approved by SEBON on Bhadra, 2071.

The base size of the scheme was Rs 75 crore in the beginning whereas now it stands at Rs 88.12 crore.  Its NAV stands at Rs 9.95 till Jestha end. Its last trading price as of July 16 stands at Rs 10 in NEPSE.

NMB Sulav Investment Fund has an investment of 57.27% or Rs 29.55 crore in shares of commercial Banks. It has a major investment in Microfinance sector after commercial banks.  Out of its total Rs 51.41 crore fund invested in listed shares, NMB Sulav has invested 13.53% or 6.95 crore in Microfinance sector, followed by 8.17% or Rs 4.20 crore in Development Banking sector.  

NIBL Sambriddhi Fund- 1 (NIBSF1)


NIBL Sambriddhi Fund- 1 (NIBSF1) is a 7 year closed-end mutual fund scheme run by NIBL Capital Limited, a Subsidiary of Nepal Investment Bank Limited. NIBL had floated scheme from 17th to 21st Mangsir, 2071 to the general public.

The base size of the scheme was Rs 1 arba in the beginning whereas it now stands at Rs 1 arba 33 lakhs till Jestha end. Its Latest NAV stands at Rs 9.77. Last trading price in NEPSE stands at Rs 10.10 as of July 16, 2015.

NIBSF1 stands out as the only scheme with very strong preference for insurance stocks after that of commercial banks. Of its total fund of Rs 44.66 crore invested in listed shares, the scheme has invested 55.90% or Rs 24.96 crore in Commercial Banking sector, 11.69% or Rs 5.22 crore in Life insurance sector and Rs 4.19 crore or 9.40% in Non-life insurance sector.

Laxmi Value Fund -1 (LVF1)

Laxmi Value Fund -1 (LVF1) is also a 5 year closed-end mutual fund scheme run by Laxmi Capital Limited, a subsidiary of Laxmi Bank Limited. Laxmi Capital had issued Rs 10 face value scheme from 29th to 6th Fagun, 2071 for the general public.

The base size of the scheme is Rs 50 crore. Its latest NAV stands at RS 10.03.

Laxmi Value Fund has invested the highest chunk of its money in buying stocks of commercial banks. It has invested an amount of Rs 9.20 crore or 53.61% in Commercial Bank Sector, 3.06 crore or 17.87% in Life Insurance Sector, out of its total amount of Rs 17.16 crore invested in listed share till Jestha end.