July 30, 2021 | 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 unit holder. The value of each unit is called Net Assets Value (NAV).
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The table below presents the Net Asset Value (NAV) Of Mutual Fund Schemes currently operating in Nepal. The NAV is based on the monthly report of Ashad’s end, 2078 BS.
Net Asset Value (NAV) Of Mutual Fund Schemes
Net Asset Value (NAV) In Rs.
|S.N.||Stock Name||Symbol||Ashad End, 2078 BS||Jestha End, 2078 BS|
|1||Global IME Samunnat Scheme-1||GIMES1||22.63||23.77|
|2||Sanima Equity Fund||SAEF||20.96||21.49|
|3||Sunrise First Mutual Fund||SFMF||19.21||19.58|
|5||NIC Asia Growth Fund||NICGF||18.75||19.35|
|6||NIBL Pragati Fund||NIBLPF||18.22||18.88|
|7||Nabil Equity Fund||NEF||17.98||18.89|
|8||Siddhartha Investment Growth Scheme – 2||SIGS2||17.74||18.29|
|9||Nabil Balanced Fund-2||NBF2||17.54||18.17|
|10||NIBL Sahabhagita Fund||Open-Ended Scheme||17.45||17.74|
|11||Siddhartha Equity Fund||SEF||17.35||17.9|
|12||NIC Asia Balanced Fund||NICBF||17.3||17.76|
|13||NMB Hybrid Fund L-1||NMBHF1||16.89||17.05|
|14||Citizens Mutual Fund 2||CMF2||16.18||16.26|
|15||NIBL Samriddhi Fund 1||NIBSF1||16||16.17|
|16||Laxmi Equity Fund||LEMF||15.81||16.13|
|17||Citizens Mutual Fund -1||CMF1||15.31||15.2|
|18||Laxmi Unnati Kosh||LUK||14.92||15.25|
|19||NIC Asia Dynamic Debt Fund||Open-Ended Scheme||11.26||11.39|
|20||Kumari Equity Fund||KEF||10.72||10.76|
|21||Sanima Large Cap Fund||SLCF||10.55||10.72|
|22||Sunrise Blue Chip Fund||SBCF||10.06||10.07|
|23||NIBL Sambriddhi Fund-2||NIBSF2||10||10.04|
|24||Prabhu Select Fund||PSF||9.94||–|
|25||NIC Asia Select 30||9.94||–|
Source: Monthly Report (Ashad’s end, 2078 BS) of respective mutual fund schemes.