Citizen Mutual Fund Schemes: Top 3 Stock Purchases

September 5, 2019 | Investopaper

CBIL Capital has published the monthly report of Shrawan, 2076 of its mutual fund scheme: Citizen Mutual Fund-1 (CMF1) & Citizen Mutual Fund-2 (CMF2).

As per the report, the per-unit Net Asset Value (NAV) of CMF1 is Rs. 11.47 at the end of Shrawan, 2076. CMF1 has the market value of investment of  Rs. 67.23 crores in the listed securities. The investment in fixed income securities remains at Rs. 8.24 crores while the bank balance is Rs. 11.59crores.

Nepal Bank occupies the top spot based on the investment made on the stocks. Citizen Mutual Fund-1 has purchased 273,850 units of Nepal Bank share worth Rs. 8.90 crores. This is 13.24 percent of the total investment in listed securities. See the top 3 stocks held by Citizen Mutual Fund until Shrawan, 2076 in the table below:

Top 3 Stocks purchased by Citizen Mutual Fund-1 (CMF1)

S.N. Securities Sector Units Amount(‘Rs. crores’) Percent of Total investment in securities
1 Nepal Bank Bank 273,850 8.90 13.24
2 Nabil Bank Promoter Bank 38,880 3.05 4.54
3 Nepal Life Insurance Insurance 31,605 2.77 4.12
Total Investment in securities(‘Rs. crores’) 67.23
NAV Shrawan, 2076 11.47

Similarly, The NAV of CMF2 stands at Rs. 9.77 until the end of Shrawan 2076. CMF2 has the market value of Investment worth Rs. 33.01 crores in the listed securities. The top 3 stocks purchased by CMF2 is shown in the table below:

Top 3 Stocks purchased by Citizen Mutual Fund-2 (CMF2)

S.N. Securities Sector Units Amount(‘Rs. crores’) Percent of Total investment in securities
1 Nepal Life Insurance Insurance 30,000 2.63 7.97
2 Nabil Bank Bank 31,989 2.51 7.60
3 Everest Bank Bank 31,905 2.05 6.21
Total Investment in securities(‘Rs. crores’) 33.01
NAV Shrawan, 2076 9.77

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