Look at top investment preferences for mutual fund schemes in the month of Mangsir; Which mutual fund NAV rises most?

There are currently 18 mutual funds in the country. Out of 18 mutual funds, Siddhartha Equity Oriented Scheme (SEOS), Siddhartha Investment Growth Scheme (SIGS1), Nabil Balance Fund (NBF1), and NMB Sulav Investment Fund-1 (NMBSF1), and Laxmi Value Fund (LVF1) got matured. Citizens Mutual Fund-2 (CMF2), NIBL Sahabhagita Fund (NIBLSF), NIC Asia Balanced Fund (NICBF) (open-end mutual fund), NMB 50 (NMB50), Siddhartha Investment Growth Scheme-2 (SIGS2), Sunrise First Mutual Fund (SFMF), and Laxmi Unnati Kosh (LUK) are new mutual funds added to the list.

Mutual Funds have an investment in listed/unlisted companies of Rs. 13.96 Arba in Mangsir compared to Rs. 12.70 Arba in Kartik. Similarly, mutual funds have increased the bank balance to Rs. 5.34 Arba in Mangsir from Rs. 3.88 Arba in Kartik. Mutual Funds have invested in debentures and bonds amounting to Rs. 1.52 Arba. Similarly, the funds also have invested 1.61% in primary shares which amount to Rs. 37.22 crores.

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

The topmost bought stocks in Mangsir by the overall mutual fund industry are as follows:

The topmost sold stocks in Mangsir by the overall mutual fund industry are as follows:

Sector-wise Breakdown

Investment in the commercial banking industry accounts for the highest sector-wise investment of Rs. 5.75 Arba, making up 41.37% of total investment. Likewise, they have an investment of Rs. 2.27 Arba in shares of microfinance companies, accounting for 16.35% of total investment. The Life Insurance sector stands at the third-highest investment priority for mutual funds with an investment worth Rs. 1.41 Arba, contributing 10.18% of total investments.

Commercial Banks:

Among the commercial banks, Nabil Bank Limited (NABIL) is seen as the top priority for investment by mutual funds. It accounts for an investment worth Rs. 73.28 crores. Nepal Bank Limited (NBL) stands at the second position with an investment of Rs. 50.53 crores. NIC Asia Bank Limited (NICA) stands with the investment of Rs. 46.50 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. 20.52 crores. Garima Bikas Bank Limited (GBBL) is seen in the second position with an investment worth Rs. 13.40 crores. Shine Resunga Development Bank Limited (SHINE) has an investment of Rs. 11.39 crores at the third position.

Finance:

As for the finance companies, the top three investments were ICFC Finance Limited (ICFC), Manjushree Finance Limited (MFIL), and Shree Investment Finance company Limited (SIFC). Mutual funds invested an amount of Rs. 2.81 Crores in ICFC, Rs. 1.85 Crores in MFIL and Rs. 51.47 Lakhs in SIFC.

Hotels:

Among the three listed hotels in NEPSE, mutual funds have given higher priority to Oriental Hotel Limited (OHL) with an investment of Rs. 1.62 crores.

Hydropower Companies:

The inclination of investment in hydropower companies for mutual funds was in Chilime Hydropower Company (CHCL) with an investment of Rs. 13.43 crores, Butwal Power Company Limited (BPCL) with an investment of Rs. 11.67 crores and Rashuwagadhi Hydropower Company Limited (RHPL) with an investment of Rs. 8.71 crores.

Life Insurance Companies:

Among the life insurance companies in Nepal, National Life Insurance Company Limited (NLICL), Nepal Life insurance Company Limited (NLIC), and Life Insurance Corporation Limited (LICN) are the investment companies of top priorities for mutual funds. Mutual Fund schemes have around Rs. 44.89 crores in investments in NLICL, Rs. 32.27 crores investments in NLIC and Rs. 28.38 crores in LICN.

Manufacturing and Products:

Mutual Funds have invested Rs. 21.91 crores in Himalayan Distillery Limited (HDL), Rs. 3.69 crores in Bottlers Nepal Terai Limited (BNT) and Rs. 2.08 crore in Shivam Cements Limited (SHIVM) as of Mangsir, 2077.

Microfinance Companies:

Among the listed microfinance companies, Chimmek Laghubitta Bittiya Sanstha Limited (CBBL), Sana Kisan Laghubitta Bittiya Sanstha Limited (SKBBL), and Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) were the top three investment priorities for mutual funds. Mutual Funds invested Rs. 39.01 crores in CBBL, Rs. 32.95 crores in SKBBL and Rs. 21.74 crores in DDBL.

Mutual Fund:

The mutual fund schemes also invest in other mutual funds.

NMB 50 (NMB50) falls under the highest investment value mutual fund. It has an investment of Rs. 4.47 crores. Citizens Mutual Fund-1 (CMF1) has the second-highest equity fund of the value of Rs. 3.71 crores. Finally, Citizens Mutual Fund-2 (CMF2) stood third-highest investment of Rs. 3.01 crores.

Non-Life Insurance companies:

Among the non-life insurance companies in Nepal, Shikhar Insurance Company Limited (SICL), Neco Insurance Company Limited (NIL), and NLG Insurance Company Limited (NLG) is the investment companies of top priorities for mutual funds. Mutual Fund schemes have around Rs. 33.67 crores investments in SICL, Rs. 19.99 crores in NIL and Rs. 17.16 crores in NLG.

Others:

As for the other sector, mutual funds have invested Rs. 33.73 crores in Nepal Reinsurance Company Limited (NRIC), Rs. 29.32 crores in Nepal Doorsanchar Company Limited (NTC), and Rs. 14.49 crores in Citizen Investment Trust (CIT),

Preference shares and Promoter shares:

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

Change in NAV:

NAV stands for Net Asset Value at which represents a fund’s per unit market value. Investors uses this Value for transaction of 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 in accordance with the change in their asset and liabilities.

In the month of Mangsir, 2077, Sanima Equity Fund (SAEF) has the highest NAV of Rs. 14.87; a gain of Rs. 2.05. SAEF is followed by Global IME Samunnat Scheme 1 (GIMES1) with a NAV Rs. 14.71; a gain of Rs. 1.81.

Analysing the pattern of investment of mutual fund schemes can help investors design their own investment portfolios, customize on the basis of risk-taking capacity. It is also helpful for relatively new investors to make buy/sell decisions based on the decisions of the mutual fund's schemes and safeguard themselves against some risk.

All the data are generated from SS Pro Software. To know more about the software, click on the link below

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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, appropriateness of the information, and seek independent financial advice. The information of the company has been taken from the authorized sources as 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.