Overview of Mutual Fund Investments in Nepal - Mangsir 2081

Mutual funds are an essential component of Nepal’s financial market, providing a platform for diversified investments. Currently, there are 35 closed-end mutual funds listed on the Nepal Stock Exchange (NEPSE), and 7 open-end schemes traded through their respective fund managers.

In Mangsir 2081, mutual funds made notable investments across various sectors:

1. Total Investments: Rs. 40.03 Arba invested in listed and unlisted companies, slightly lower than Rs. 40.92 Arba in Kartik 2081.

2. Bank Balances: Increased to Rs. 7.9 Arba in Mangsir, compared to Rs. 7.33 Arba in Kartik.

3. Other Investments:

Rs. 3.3 Arba invested in debentures and bonds.
Rs. 1.39 Arba invested in primary shares/rights, which is 2.56% of total investments.

This reflects a slight dip in company investments but an improvement in bank balances and a steady commitment to diversified portfolios. However, this blog provides a detailed analysis of mutual fund investments in Nepal, highlighting the top investments, most traded stocks, and sector-wise breakdowns.

S.N.	Particulars	Mangsir 2081 (Amount Rs.)	% of overall MF in Mangsir	Kartik 2081 (Amount Rs..)	% of overall MF in Kartik	Aswin 2081 (Amount Rs.)	% of overall MF in Aswin
1	Investment in Listed/Non-Listed Shares	40,033,531,712.29	73.33	40,926,091,148.97	74.01	42,125,766,225.65	75.63
2	Debentures and Bonds	3,300,579,195.28	6.05	3,289,484,129.21	5.95	3,271,206,453.19	5.87
3	Investment in IPO/FPO/Right/Bonus	1,395,964,632.50	2.56	1,399,775,156.00	2.53	1,097,404,057.00	1.97
4	Fixed Income Instruments	1,957,146,648.93	3.58	2,348,040,455.04	4.25	2,600,691,275.00	4.67
5	Bank Balance	7,909,756,997.30	14.49	7,338,044,870.93	13.27	6,604,561,596.28	11.86

The top investments of mutual funds across all sectors in Mangsir 2081 are:

Symbol	No. of Shares	Price (Rs.)	Value of Shares (Rs.)	NAV Change Factor (Rs.)
NIL	1,329,095.00	930.00	1,236,058,350.00	0.0249
CBBL	1,177,583.00	930.60	1,095,858,739.80	0.0205
SANIMA	3,423,201.00	310.90	1,064,273,190.90	0.0209
SPIL	1,279,774.00	805.00	1,030,218,070.00	0.0207
NLICL	1,657,408.00	593.00	982,842,944.00	0.0193
SALICO	1,352,881.00	702.00	949,722,462.00	0.0193
SKER	981,419.00	923.00	905,849,737.00	0.0185
EBL	1,452,725.00	596.00	865,824,100.00	0.0172
INLIO	1,099,040.00	787.00	864,944,480.00	0.0171
NICA	2,140,746.00	403.00	862,720,638.00	0.0168

Most Bought Stocks By the Mutual Funds in Mangsir :

S.N.	Symbol	Buy Quantity	Latest Holdings (Rs.)
1	NIBLGF	1,209,450.00	15,738,864.00
2	SFET	949,400.00	19,965,645.00
3	PRSF	710,900.00	11,012,800.00
4	NIBLSTF	500,000.00	22,701,765.00
5	SIGS3	493,840.00	11,788,680.00
6	SAGF	468,350.00	8,604,850.00
7	EBL	283,818.00	1,452,725.00
8	API	219,229.00	1,237,211.00
9	NIBSF2	200,300.00	1,647,374.00
10	NMB	155,656.00	2,417,394.00

Most Sold Stocks By the Mutual Funds in Mangsir :

S.N.	Symbol	Sales Quantity	Latest Holdings (Rs.)
1	SFEF	2,898,800.00	19,965,645.00
2	NIBLGF	2,523,100.00	15,738,864.00
3	SAGF	2,468,400.00	8,604,850.00
4	SIGS3	2,168,300.00	11,788,680.00
5	PRSF	1,649,500.00	11,012,800.00
6	GIBF1	1,439,900.00	5,301,500.00
7	NIBLSTF	1,010,000.00	22,701,765.00
8	RMF2	1,000,000.00	4,538,800.00
9	PSF	910,693.00	3,929,871.00
10	NSIF2	556,865.00	3,850,500.00

Sector-Wise Breakdown of Investments By Mutual Funds

S.N.	Sector	No. of Shares	Total Value (Rs.)	Sector Weightage (%)
1	Commercial Bank	28,513,822.00	9,038,909,794.40	22.59
2	Development Bank	7,852,006.00	3,458,217,793.40	8.64
3	Finance	280,537.00	197,195,586.50	0.49
4	Hotel & Tourism	704,444.00	531,067,597.00	1.33
5	Hydropower	9,045,647.00	3,903,858,482.10	9.76
6	Investment	1,141,577.00	1,079,815,608.40	2.70
7	Life Insurance	7,453,586.00	4,602,173,313.30	11.50
8	Manufacturing & Processing	1,841,520.00	1,498,895,828.00	3.75
9	Merged	75,920.00	33,782,882.60	0.08
10	Microfinance	6,003,020.00	5,452,764,424.00	13.63
11	Mutual Fund	222,760,239.00	2,120,591,719.30	5.30

1. Commercial Banks

Mutual funds have invested the most in the commercial banking sector. Sanima Bank Limited (SANIMA) tops the list with Rs. 1.06 Arba. Everest Bank Limited (EBL) and NIC Asia Bank Limited (NICA) follow, with investments of Rs. 86.58 Crores and Rs. 86.27 Crores, respectively. This shows mutual funds’ preference for stable and reliable banks.

2. Development Banks

Development banks are another focus for mutual funds. Garima Bikas Bank Limited (GBBL) leads with Rs. 83.72 Crores, followed by Muktinath Bikas Bank Limited (MNBBL) with Rs. 58.61 Crores and Shine Resunga Development Bank Limited (SHINE) with Rs. 56.43 Crores. These banks play a key role in regional growth.

3. Finance Companies

Investments in finance companies include Rs. 12.28 Crores in Manjushree Finance Limited (MFIL) and Rs. 5.82 Crores in ICFC Finance Limited (ICFC). This shows a cautious but focused investment in smaller financial institutions.

4. Hotels and Tourism

The hotels and tourism sector received attention, with Soaltee Hotel Limited (SHL) getting Rs. 16.18 Crores. This reflects mutual funds’ trust in the growth of Nepal’s tourism industry.

5. Hydropower Companies

Mutual funds have invested heavily in hydropower companies. Mountain Energy Nepal Limited (MEN) leads with Rs. 68.15 Crores, followed by Sanima Mai Hydropower Limited (SHPC) with Rs. 44.53 Crores and Api Power Company Limited (API) with Rs. 33.83 Crores. This shows support for sustainable energy projects.

6. Life Insurance Companies

Life insurance companies are a big focus for mutual funds. National Life Insurance Company Limited (NLICL) received Rs. 98.28 Crores, Nepal Life Insurance Company Limited (NLIC) got Rs. 86.49 Crores, and Asian Life Insurance Company Limited (ALICL) got Rs. 59.18 Crores. These investments show confidence in long-term financial services.

7. Manufacturing and Products

The manufacturing sector also attracted investments. Shivam Cements Limited (SHIVM) leads with Rs. 64.89 Crores, followed by Sarbottam Cement Limited (SARBTM) with Rs. 23.95 Crores and Himalayan Distillery Limited (HDL) with Rs. 23.62 Crores. These companies are key players in Nepal’s industrial development.

8. Microfinance Companies

Mutual funds have prioritized microfinance companies for their role in community development. Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) leads with Rs. 1.09 Arba, followed by Sana Kisan Laghubitta Bittiya Sanstha Limited (SKBBL) with Rs. 90.58 Crores and Nirdhan Utthan Laghubitta Bittiya Sanstha Limited (NUBL) with Rs. 74.12 Crores.

9. Non-Life Insurance Companies

In non-life insurance, mutual funds have invested Rs. 1.23 Arba in Neco Insurance Company Limited (NIL), Rs. 1.03 Arba in Siddhartha Premier Insurance Limited (SPIL), and Rs. 94.97 Crores in Sagarmatha Lumbini Insurance Company Limited (SALICO). These investments help diversify risks.

1o. Promoter Shares

Mutual funds continue to hold promoter shares of major companies, which provide steady returns and long-term stability.

11. Other Sectors

In other sectors, Rs. 75.67 Crores was invested in Himalayan Reinsurance Limited (HRL), and Rs. 44.2 Crores in Nepal Doorsanchar Company Limited (NTC). These investments highlight diversification into different industries.

12. Investment Sector

In the investment sector, Citizen Investment Trust (CIT) received Rs. 60.76 Crores, while CEDB Hydropower Development Company Limited (CHDC) got Rs. 24.91 Crores. These funds are seen as growth-oriented and stable options.