What stocks did institutional investors hold in Poush?

All the companies are continuously publishing their second quarter reports. Investors are analyzing which companies to buy and which to sold. In this scenario, which funds did mutual funds decide to invest can be a helping hand to individual investors. Therefore, it will be interesting to see what shares did nine merchant banks running 13 mutual fund schemes opted in the month of Poush, 2075.

These funds have increased their investment in listed/ unlisted funds from Rs 6.80 arba in Mangsir to Rs 7.05 arba in Poush. Similarly, mutual funds also have an increased bank balance from Rs 3.20 arba in Mansir to Rs 3.68 arba. Mutual funds significantly contributed in debentures and public shares. They have invested Rs 52.29 crores in debentures as of Poush compared to Rs 45.29 crores as of Mangsir. Similarly, the funds also invested 0.80% in primary shares which amounts to Rs 10.41 crores.

 

The top investments by mutual funds irrespective of sectors in the month of Poush are as follows:

The top most bought stocks in Poush by the overall mutual fund industry are as follows:

The top most sold stocks in Poush by the overall mutual fund industry are as follows:

Sector-wise Breakdown

As of the end of Poush 2075, the 13 mutual funds have a total investment value of Rs 6.63 arba in listed equities compared to Rs 6.70 arba in Mangsir, 2075. Investment in commercial banking industry accounts for the highest sector-wise investment of Rs 2.29 arba. Likewise, they have investment of Rs 82.95 crore in shares of non-life insurance companies, accounting for the second-highest sector-wise value. Life insurance companies sector stands at the third highest investment priority for mutual funds with an investment worth Rs 80.31 crores.

  

Commercial banks:

Among the commercial banks, Nepal Bank Limited (NBL) is seen as the top priority for investment by mutual funds. It accounts an investment worth Rs 38.11 crores. NMB Bank Limited (NMB) stands at the second position with investment of Rs 25.69 crores. Everest Bank Limited (EBL) stands with the investment of Rs 15.45 crores.

 

Development Banks:

As for the development banks, Muktinath Bikas Bank Limited (MNBBL) has the highest investment preference among mutual funds. The mutual funds have invested an amount worth Rs 9.86 crores. Garima Bikas Bank Limited (GBBL) is seen in the second position with an investment worth Rs 4.38 crores. Kailash Bikas Bank Limited (KBBL) has an investment of Rs 4.02 crores at the third position.

Microfinance companies:

Among the listed microfinance companies, Sana Kisan Bikas Bank Ltd. (SKBBL), Chhimek Laghubitta Bikas Bank Ltd. (CBBL) and Deprosc Development Bank Ltd. (DDBL) were the top three investment priorities for mutual funds. Mutual funds invested Rs 13.76 crores in Sana Kisan, Rs 12.58 crores in Chhimek Laghubitta Bikas Bank Limited (CBBL) and Rs 10.01 crores in Deprosc Development (DDBL).

 

Life Insurance companies:

Among the life insurance companies in Nepal, Nepal Life Insurance Company Limited (NLIC), National Life Insurance Company Limited (NLICL) and Life Insurance Company Limited (LICN) are the investment companies of top priorities for mutual funds. Mutual funds schemes have around Rs 25.78 crore investments in NLIC, Rs 19.89 crore investments in NLICL and Rs 18.21 crores investment in LICN.

Non-Life Insurance companies:

Among the non-life insurance companies in Nepal, Sagarmatha Insurance Company Limited (SIC), Shikhar Insurance Company Limited (SICL) and NLG Insurance Company Limited (NLG) are the investment companies of top priorities for mutual funds. Mutual funds schemes have around Rs 19.32 crore investments in SIC, Rs 12.86 crore investments in SICL and Rs 10.50 crores investment in NLG.

 

Hydropower companies:

The inclination of investment in hydropower companies for mutual funds was in Chilime Hydropower Company (CHCL) with an investment of Rs 13.06 crore, Upper Tamakoshi Hydropower Company (UPPER) with an investment of Rs 13.06 crore and Butwal Power Company Limited (BPCL) with an investment of Rs 9.25 crore.

Finance:

As for finance companies, the top three investments were Manjushree Finance Limited (MFIL). Goodwill Finance (GFCL) and ICFC Finance Limited (ICFC). Mutual funds invested an amount of Rs 26.10 lakhs in Manjushree Finance, Rs 25.56 lakhs in Goodwill Finance Lixmited and Rs 14.49 lakhs in ICFC Finance.

Hotels:

Among the three listed hotels in NEPSE, mutual funds have given higher priority to Oriental Hotels Limited (OHL) with an investment of Rs 3.17 crores.

 

Mutual fund:

The mutual fund schemes also invest in other mutual funds. The mutual funds have preferred Citizens Mutual Funds (CMF1) as the best scheme for investment. It has an investment that accounts to Rs 1.14 crore. NMB Sulav Investment Fund-1 (NMBSF1) falls under the second highest investment value mutual fund. It has an investment of Rs 99.36 lakhs. Finally Sanima quity Fund (SAEF) has a third highest investment of Rs 96.60 lakhs. Mutual funds have comparatively decreased their investment in other mutual funds than previous month.

Manufacturing & Production:

Mutual funds have invested Rs 1.68 crores in Bottlers Nepal (Terai) Limited (BNT) and Rs 1.12 crores in Unilever NepalLimited (UNL) as of Poush, 2075.

Others:

As for the others sector, mutual funds have invested Rs 21.77 crores in Nepal Doorsanchar Company Limited (NTC), Rs 17.12 crores investment in Citizen Investment Trust (CIT),  and Rs 1.67 crores in Jalabidyut Lagani Tatha Bikas (HIDCL).

 Preference shares and Promoter shares:

Similarly, the preference and promoter shares as per the choice of mutual funds are:

Hence, the overall analysis draws the top companies preferred by mutual funds for investment. This article might be helpful to the aspiring investors in the secondary market. What are your views on the mutual funds? Do you think the top investment decisions made by mutual funds are backed up with rationality? Please write to us in the comment section below.

(Disclaimer:  Any kind of information that is provided in the article should not be used as a sole advice or recommendation by investors in order to design their investment portfolio. So, before taking steps for any kind of the information, the investors are required to base their judgment on their own financial analysis, appropriateness of the information and seek independent financial advice. The information of the company has been taken from the authorized sources such as 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.)