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

There are currently 19 mutual funds in the country. NIC Asia Dynamic Debt Fund (NADDF) -(Open-end) is a new mutual fund added to the list.

Mutual Funds have an investment in listed/unlisted companies of Rs. 15.14 Arba in Poush compared to Rs. 13.96 Arba in Mangsir. Similarly, mutual funds have decreased the bank balance to Rs. 5.00 Arba in Poush from Rs. 5.34 Arba in Mangsir. Mutual Funds have invested in debentures and bonds amounting to Rs. 1.52 Arba. Similarly, the funds also have invested 5.71% in primary shares which amount to Rs. 1.43 crores.

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

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

The topmost sold stocks in Poush 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. 6.21 Arba, making up 40.98% of total investment. Likewise, they have an investment of Rs. 2.33 Arba in shares of microfinance companies, accounting for 15.41% of total investment. The Non-Life Insurance sector stands at the third-highest investment priority for mutual funds with an investment worth Rs. 1.61 Arba, contributing 10.62% of total investments.

Commercial Banks:

Among the commercial banks, NIC Asia Bank Limited (NICA) is seen as the top priority for investment by mutual funds. It accounts for an investment worth Rs. 65.48 crores. Nabil Bank Limited (NABIL) stands at the second position with an investment of Rs. 65.25 crores. Nepal Bank Limited (NBL) stands with the investment of Rs. 49.79 crores.

Development Banks:

As for the development banks, Garima Bikas Bank Limited (GBBL) has the highest investment preference among mutual funds. The mutual funds have invested an amount worth Rs. 22.31 crores. Muktinath Bikas Bank Limited (MNBBL) is seen in the second position with an investment worth Rs. 21.83 crores. Shine Resunga Development Bank Limited (SHINE) has an investment of Rs. 14.80 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 Goodwill Finance company Limited (GFCL). Mutual funds invested an amount of Rs. 3.47 Crores in ICFC, Rs. 75.48 lakhs in MFIL and Rs. 53.49 Lakhs in GFCL.

Hotels:

Among the three listed hotels in NEPSE, mutual funds have given higher priority to Oriental Hotel Limited (OHL) with an investment of Rs. 3.52 crores.

Hydropower Companies:

The inclination of investment in hydropower companies for mutual funds was in Chilime Hydropower Company (CHCL) with an investment of Rs. 15.04 crores, Butwal Power Company Limited (BPCL) with an investment of Rs. 11.74 crores and Rashuwagadhi Hydropower Company Limited (RHPL) with an investment of Rs. 8.79 crores.

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 Corporation Limited (LICN) are the investment companies of top priorities for mutual funds. Mutual Fund schemes have around Rs. 45.32 crores in investments in NLIC, Rs. 32.05 crores investments in NLICL and Rs. 26.26 crores in LICN.

Manufacturing and Products:

Mutual Funds have invested Rs. 21.98 crores in Himalayan Distillery Limited (HDL), Rs. 6.42 crores in Shivam Cements Limited (SHIVM) and Rs. 4.70 crore in Unilever Nepal Limited (UNL) as of Poush, 2077.

Microfinance Companies:

Among the listed microfinance companies, Chimmek Laghubitta Bittiya Sanstha Limited (CBBL), Sana Kisan Laghubitta Bittiya Sanstha Limited (SKBBL), and Nirdhan Utthan Laghubitta Bittiya Sanstha Limited (NUBL) were the top three investment priorities for mutual funds. Mutual Funds invested Rs. 36.64 crores in CBBL, Rs. 29.54 crores in SKBBL and Rs. 20.56 crores in NUBL.

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. 4.80 crores. Citizens Mutual Fund-1 (CMF1) has the second-highest equity fund of the value of Rs. 3.80 crores. Finally, Siddhartha Equity Fund (SEF) stood third-highest investment of Rs. 3.29 crores.

Non-Life Insurance companies:

Among the non-life insurance companies in Nepal, Shikhar Insurance Company Limited (SICL), Neco Insurance Company Limited (NIL), and Premier Insurance Company Limited (PIC) is the investment companies of top priorities for mutual funds. Mutual Fund schemes have around Rs. 36.45 crores investments in SICL, Rs. 31.03 crores in NIL and Rs. 15.17 crores in PIC.

Others:

As for the other sector, mutual funds have invested Rs. 36.47 crores in Nepal Reinsurance Company Limited (NRIC), Rs. 31.58 crores in Nepal Doorsanchar Company Limited (NTC), and Rs. 13.99 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 use this Value for the 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 Poush, 2077, Global IME Samunnat Scheme 1 (GIMES1) has the NAV of Rs. 16.29; a gain of Rs. 1.58. GIMES1 is followed by Sanima Equity Fund (SAEF) with the highest NAV Rs. 16.36; a gain of Rs. 1.49.

Analyzing the pattern of investment of mutual fund schemes can help investors design their own investment portfolios, customize them 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 SSpro Software. To know more about the software, click on the link below

SSpro

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.