Know which sector interest most to mutual fund schemes?

There are six licensed mutual fund schemes run by five merchant Banks so far in Nepal. ShareSansar has concluded most preferable sector of each mutual fund scheme as of Shrawan end, 2072.

Siddhartha Investment Growth Scheme-1(SIGS1)

Siddhartha Investment Growth Scheme-1(SIGS1), a closed-end 5 years mutual fund scheme managed by Siddhartha Capital Limited (SCL), SCL is a subsidiary of Siddhartha Bank Limited. The Scheme was approved by SEBON on Ashwin, 2069. The base size of the scheme was Rs 50 crore in the beginning, whereas now it stands at Rs1.01 arba.  

Siddhartha Investment Growth Scheme has an investment worth Rs 59.72 crore in stocks of commercial banks, which accounts for 62.06% of its total fund of Rs 96.2 crore invested in listed shares.

After commercial banks, SIGS has favored microfinance sector (Rs 8.36 crore or 8.69%), followed by Hydropower (Rs 6.94 crore or 7.22%).

Portfolio Structure
Listed Share	962,649,382.97	94.95%
Unlisted Share	16,205,812.78	1.60%
Fixed Deposit	-	0.00%
Bond/Debenture	-	0.00%
Cash Balance	34,953,207.63	3.45%
Total	1,013,808,403.38	100.00%

Siddhartha Equity Oriented Scheme (SEOS)

Siddartha Capital’s another scheme Siddhartha Equity Oriented Scheme (SEOS) is a 5 year closed end mutual scheme. The base size of the scheme was 100 crore at the beginning and now it stands at Rs 1.10 arba. 

The Scheme was approved by SEBON on Jestha, 2071. 

Siddhartha Equity Oriented Scheme (SEOS) has bought banking stocks worth just Rs 48.45 crore or 60.27%. Siddhartha Capital’s penchant for Microfinance stocks becomes apparent with the company investing 8.62% or Rs6.93  crore from its second mutual fund scheme, Siddhartha Equity Oriented Scheme.

Portfolio Structure
Listed Share	804,018,622.69	72.64%
Unlisted Share	48,056,162.39	4.34%
Fixed Deposit	100,000,000.00	9.04%
Bond/Debenture	26,000,000.00	2.35%
Cash Balance	128,724,505.48	11.63%
Total	1,106,799,290.56	100.00%

Nabil Balance Fund-1 (NBF1)

Nabil Balance Fund-1(NBF1), a closed end 5 years mutual fund scheme managed by Nabil Investment Banking Limited, a subsidiary company of the Nabil Bank Limited.  The merchant banker had floated 60 million unit scheme of Rs 10 face value from 7th to 11thChaitra, 2069 for the general public. 

The scheme value of Nabil Balance Fund -1 was Rs 75 crore and now its scheme value amount is Rs 1.26 arba. 

NBF1 has invested Rs 50.44 crore in commercial banking stocks. It has chosen Microfinance sector as its second most preferred investment option after commercial banks. From its total fund of Rs95.48 crore, Nabil Balance Fund-1 has invested 15.24% or Rs 14.55 crore in microfinance, followed by 7.26% or Rs 6.93 crore in the Development Bank sector.

Portfolio Structure
Listed Shares	954,814,891.00	75.40%
Unlisted Shares	51,318,761.00	4.05%
Fixed Deposit	75,000,000.00	5.92%
Bond/Debenture		0.00%
Cash Balance	185,191,106.99	14.62%
Total	1,266,324,758.99	100.00%

Laxmi Value Fund -1 (LVF1)

Laxmi Value Fund -1 (LVF1) is also a 5 year closed-end mutual fund scheme run by Laxmi Capital Limited, a subsidiary of Laxmi Bank Limited. Laxmi Capital had issued Rs 10 face valueRs 40 crore scheme from 29th to 6thFagun, 2071 for the general public.

The base size of the scheme is Rs 52.93 crore. 

Laxmi Value Fund has invested the highest chunk of its money in buying stocks of commercial banks. It has invested an amount of Rs 11.57 crore or 50.52% in Commercial Bank Sector, 5.12 crore or 22.39% in Life Insurance Sector, out of its total amount of Rs 22.90 crore invested in listed share till Sharawan end.

Portfolio Structure
Listed Share	229,041,857.00	43.27%
Unlisted Share	8,466,315.42	1.60%
Fixed Deposit	110,000,000.00	20.78%
Bond/Debenture	-	0.00%
Cash Balance	181,830,407.00	34.35%
Total	529,338,579.42	100.00%

NMB Sulav Investment Fund- 1 (NMBSF1)

NMB Sulav Investment Fund- 1 (NMBSF1) a closed-end 5 years mutual fund scheme managed by NMB Capital Limited, a subsidiary of NMB Bank Limited. The Scheme was approved by SEBON on Bhadra, 2071. 

The base size of the scheme was Rs 75 crore in the beginning, whereas now it stands at Rs 73.81 crore.  

NMB Sulav Investment Fund has an investment of  54.58% or Rs 34.09 crore in shares of commercial Banks. It has a major investment in Microfinance sector after commercial banks.  Out of its total Rs 62.46 crore fund invested in listed shares, NMB Sulav has invested 14.74% or 9.20 crore in Microfinance sector, followed by 10.74 % or Rs 6.70 crore in Life Insurance sector.

Portfolio Structure
Listed Share	624,622,246.00	71.55%
Unlisted Share	24,523,203.25	2.81%
Fixed Deposit	75,000,000.00	8.59%
Bond/Debenture	14,000,000.00	1.60%
Cash Balance	134,806,952.71	15.44%
Total	872,952,401.96	100.00%

NIBL Sambriddhi Fund- 1 (NIBSF1)

NIBL Sambriddhi Fund- 1 (NIBSF1) is a 7 year closed-end mutual fund scheme run by NIBL Capital Limited, a Subsidiary of Nepal Investment Bank Limited. NIBL had floated scheme from 17th to 21stMangsir, 2071 to the general public. 

The base size of the scheme was Rs 1 arba in the beginning whereas it now stands at Rs 1.12 arbatill 2072 Sharawan end. 

NIBSF1 stands out as the only scheme with very strong preference for insurance stocks after that of commercial banks. Of its total fund of Rs 64.84  crore invested in listed shares, the scheme has invested 59.13% or Rs 38.34 crore in Commercial Banking sector, 11.08% or Rs 7.18 crore in Life insurance sector and Rs 4.19 crore or 9.40% in Non-life insurance sector.

Portfolio Structure
Listed Share	648,445,305.00	57.48%
Unlisted Share	27,993,435.00	2.48%
Fixed Deposit	100,000,000.00	8.86%
Bond/Debenture	33,000,000.00	2.93%
Cash Balane	318,688,184.00	28.25%
Total	1,128,126,924.00	100.00%