A mutual fund is a firm that combines money from both small and large investors and invests it in stocks, bonds, and other investment assets. A portfolio manager manages and operates it. Mutual funds assist regular investors in reducing investment risk. Because the funds are handled by specialists, they generate acceptable returns while posing minimal risks.
According to the Mutual Fund Directives 2067 in Nepal, the money collected by mutual funds is invested in shares, bonds, government securities, and fixed deposits by the portfolio manager. The return or profit from such an investment is dispersed proportionally among the unit holders. A unit holder is an investor who purchases a mutual fund’s share/unit. The value of each unit is referred to as Net Assets Value (NAV).
The table below shows the Net Asset Value (NAV) of Mutual Fund Schemes that are currently active in Nepal. The NAV is calculated using the monthly data at the end of Baisakh in 2077 BS.
Mutual Fund Schemes’ Net Asset Value (NAV)
Net Asset Value (NAV) In Rs.
|S.N.||Stock Name||Stock Symbol||Baisakh End, 2078 BS||Chaitra End, 2077 BS|
|1||Global IME Samunnat Scheme-1||GIMES1||21.11||21.12|
|2||Sanima Equity Fund||SAEF||19.76||20.14|
|3||Sunrise First Mutual Fund||SFMF||18.6|
|4||NIC Asia Growth Fund||NICGF||17.55||17.86|
|6||NIBL Pragati Fund||NIBLPF||17.39||17.65|
|7||Siddhartha Investment Growth Scheme – 2||SIGS2||17.08||17.37|
|8||NIBL Sahabhagita Fund||Open Ended Scheme||17.04||17.12|
|9||Nabil Equity Fund||NEF||16.99||17.24|
|10||Siddhartha Equity Fund||SEF||16.75||16.99|
|11||NIC Asia Balanced Fund||NICBF||16.29||16.55|
|12||Nabil Balanced Fund-2||NBF2||16.26||16.35|
|13||NMB Hybrid Fund L-1||NMBHF1||15.83||15.87|
|14||Citizens Mutual Fund 2||CMF2||15.42||15.71|
|15||NIBL Samriddhi Fund 1||NIBSF1||15.4||15.51|
|16||Laxmi Equity Fund||LEMF||15.35||15.54|
|17||Citizens Mutual Fund -1||CMF1||14.61||14.8|
|18||Laxmi Unnati Kosh||LUK||14.02||14.17|
|19||NIC Asia Dynamic Debt Fund||Open Ended Scheme||11.16||11.1|
|20||Sanima Large Cap Fund||SLCF||10.21||10.2|
Source: Monthly Report (Baisakh end, 2078 BS) of respective mutual fund schemes. Sunrise First Mutual Fund is yet to publish the report.