See which mutual funds are trading lower and higher than their NAVs
Thu, Dec 15, 2016 4:39 PM on Latest, Exclusive, Mutual Fund, Mutual Fund, Stock Market,
Merchant banks publish the net asset values (NAV) of mutual funds they manage on a weekly basis. This gives the mutual fund holders an idea as to how much their unit is worth. It is also a measure that affects their trading prices in the stock market.
An investor willing to buy a mutual fund on the market wants to see more return on his investment. This is why, mutual funds generally trade in prices lower than their weekly NAV. The differences between their latest NAV and trading price of 7 listed mutual fund schemes are shown in the table below.
Among the 7 listed mutual fund schemes that are currently trading in NEPSE, the trading price of NMB Sulav Fund -1 was found to be the lowest in comparison to its latest weekly NAV. As of December 9 2016, the NAV was at Rs. 15.68 while it was trading at Rs. 12.40.
On the other hand, the trading price of Global IME Samunnat Scheme -1 was 11.83% higher than its NAV. On the week ending December 9, Laxmi Value Fund -1 and Siddhartha Investment Growth Scheme -1 were also trading on prices higher than their respective NAVs.
Among the 7 listed mutual fund schemes that are currently trading in NEPSE, the trading price of NMB Sulav Fund -1 was found to be the lowest in comparison to its latest weekly NAV. As of December 9 2016, the NAV was at Rs. 15.68 while it was trading at Rs. 12.40.
On the other hand, the trading price of Global IME Samunnat Scheme -1 was 11.83% higher than its NAV. On the week ending December 9, Laxmi Value Fund -1 and Siddhartha Investment Growth Scheme -1 were also trading on prices higher than their respective NAVs.
