As the stock market is the main investment sector for the mutual fund, fluctuation in the market makes huge impact in the indicators such as profit and losses of the mutual fund.
In the month of Mangsir, NEPSE index lost 386.9 points. As a result, the funds logged decline in NAV as well as investment value on shares and fixed deposits with BFIs.
During the month, the NAV of all mutual funds logged an average decline of Rs 1.43 compared to the month of Kartik. The
In the month, Global IME Sammunnat Fund logged the highest decline in NAV. The NAV of the fund decreased by Rs 12.21 while NIBL Pragati Fund logged the lowest decline in NAV of Rs 0.04.
During the period, 3 out of 27 mutual funds record growth in investment value while the remaining have logged a decline. In the period, the mutual funds recorded an average decline of 16.25 percent in their investment value. In the review period,
In the review period, Mega Mutual Fund logged the highest growth in value by 83.88 percent. Meanwhile, NIBL Samriddhi Fund logged a decline in the value by 73.38 percent.
In the month, the bank deposits of all mutual funds decreased by an average 8.34 percent while their fixed deposits increased by 8.66 percent. In the review period, Global IME Sammunnat Fund logged the highest increment of 622.77 percent in bank deposit. Meanwhile, Nabil Balance Fund-3 logged a decline of 50.53 percent in its bank balance.
