15 Biggest Mutual Fund Schemes in Nepal
January 5, 2022 | Investopaper
A mutual fund is a company that pools money from many small as well as institutional investors and invests in stocks, bonds, and other investment securities. It is managed and operated by a portfolio manager. Mutual Funds help the general investors to minimize the risk in investment. As the funds are managed by professionals, they generate an adequate return at lower risks. In Nepal, as per the Mutual Fund Directives 2067, the money collected by mutual funds is invested by the portfolio manager in shares, bonds, government securities, and fixed deposits. The return or profit from such investment is distributed to the unitholders in a proportional manner. An investor purchasing the share/unit of the mutual fund is known as a unitholder.
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Here we have presented the 15 largest mutual fund schemes currently operating in Nepal. All the funds are close-end funds and are listed and traded on Nepal Stock Exchange.
15 Biggest Mutual Fund Schemes in Nepal
Rank | Mutual Fund Name | Stock Symbol | Units (in crores) | Fund Size (in Rs. Crores) |
1 | Siddhartha Equity Fund | SEF | 15 | 150 |
2 | NIBL Samriddhi Fund – 2 | NIBSF2 | 15 | 150 |
3 | Sanima Equity Fund | SAEF | 13 | 130 |
4 | Laxmi Equity Fund | LEMF | 12.5 | 125 |
5 | Nabil Equity Fund | NEF | 12.5 | 125 |
6 | NMB 50 | NMB50 | 12.5 | 125 |
7 | Sunrise BlueChip Fund | SBCF | 12.5 | 125 |
8 | Prabhu Select Fund | PSF | 12.5 | 125 |
9 | NIC Asia Select-30 | NICSF | 12.5 | 125 |
10 | RBB Mutual Fund 1 | RMF1 | 12.5 | 125 |
11 | Nabil Balanced Fund III | NBF3 | 12.5 | 125 |
12 | Mega Mutual Fund -1 | MMF1 | 12.5 | 125 |
13 | Siddhartha Investment Growth Scheme-2 | SIGS2 | 12 | 120 |
14 | Sanima Large Cap Fund | SLCF | 12 | 120 |
15 | Nabil Balanced Fund -2 | NBF2 | 11.2 | 112 |
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i also want to invest in mutual fund. plz show me the path of investing.