The Nepalese stock market is in a bearish trend since the last few days. However, fewer of the investors are also active in this bearish market to secure good stocks in low price. Meanwhile, the bank deposit of the mutual funds operating in the market has decreased significantly, as per the financial report published by them. The decrease in bank deposits of most of the mutual funds indicates that the mutual funds are increasing their investment in the secondary market.

Although the share prices of all listed companies have dropped, the net asset values (NAV) of the mutual funds are, though, increasing.  The NAV of 10 out of 11 mutual funds have increased during the last month while the NAV of Laxmi Value Fund 1 has decreased by Rs 2.01.

The stock market is in a bearish trend since the last few days, however, mutual funds have increased their stock investment. The financial report of the mutual funds shows that the investment which decreased in mid-June to mid-July increased during mid-July and mid-August.

In compare to mid-June to mid-July, Nabil Equity Fund increased its investment by Rs 216.3 million in mid-July to mid-August. During the period, Global IME Sammunnat Scheme, NIBL Pragati Fund, Nabil Balance Fund 1, NMB Sulav Investment Fund 1, NMB Hybrid Fund L1, Siddhartha Equity Oriented Scheme increased their investment while, Siddhartha Investment Growth Scheme 1, Laxmi Value Fund 1, Laxmi Equity Fund and NIBL Samriddhi Fund 1 decreased their investment.

In terms of investment, Siddhartha Equity Oriented Scheme has invested in the maximum no of companies. The scheme has invested Rs 1.10 billion in 4,458,000 units of shares of 97 companies.

The mutual funds have also decreased their investment in bonus, right issue, and IPOs. During the review period, seven companies shrank their investment in such category while four companies have raised their such investment. NIBL Samriddhi Fund decreased the highest investment of Rs 1.59 billion whereas NMB Sulav Fund increased its investment by Rs 8.6 million.

During the period, bank reserves of a majority of the mutual funds have increased. The bank reserve of NIBL Samriddhi Fund increased the maximum of Rs 110 million.

In the review period, the position of total assets including listed shares, fixed deposits, debentures, bonds, IPOs, right shares and bonus of the mutual funds is below.

During the period, a total asset of Siddhartha Investment Growth Scheme 1, Laxmi Equity Fund, Laxmi Value Fund 1 and NIBL Samriddhi Fund 1 has decreased whereas NMB Sulav Investment Fund 1, NMB Hybrid Fund L 1, Siddhartha Equity Oriented Scheme, Nabil Balance Fund 1, NIBL Pragati Fund, Nabil Equity Fund and Global IME Sammunnat Fund 1 have increased.