List of Mutual Fund in Nepal in 2023. [Complete Information]

A mutual fund is a collection of money from several individuals that is used to invest in a variety of securities, including stocks, bonds, money market instruments, and other types of investments. Professional fund managers handle these investments and generate profits for the investors on their behalf.

A mutual fund gives investors access to full-time, qualified money managers who are qualified to actively buy, sell, and monitor investments. These managers have the knowledge, resources, and expertise to do so.

You may easily diversify your investments by purchasing shares in a mutual fund, which is another way of stating that you won’t put all of your chickens in one bucket. If the value of one investment falls, the value of another investment in the portfolio can rise.

There’s never a perfect time to invest in stocks or the stock market, but there is a right time and a wrong time! THE GREATEST FEAR OF A PROFESSIONAL INVESTOR, WHO MANAGES MONEY FOR A LIVING, IS CAPITAL WITHDRAWALS AT THE WRONG TIME.

Many consumers would find it more expensive to buy all of the individual stocks owned by a single mutual fund directly. In contrast, most mutual funds have lower initial minimum investments.

Also Read: Check Online IPO Results in Nepal

Types of Mutual Funds around the World

There are different types of mutual funds around the world, some of them are:

  • Equity Funds: Invest in stocks of companies, providing an opportunity for capital appreciation.
  • Fixed Income Funds: Invest in debt securities, such as bonds, with the objective of generating income.
  • Balanced Funds: Invest in a mix of equity and fixed-income securities to provide a balance of capital appreciation and income.
  • Index Funds: Track the performance of a specific index, such as the S&P 500, and invest in the same securities as the index.
  • Sector Funds: Invest in specific sectors, such as technology or healthcare, to provide exposure to a particular industry.
  • International Funds: Invest in securities outside of the investor’s home country, providing diversification and exposure to global markets.
  • Specialty Funds: Invest in a specific asset class or investment strategy, such as real estate or socially responsible investing.
Before making an investment, it's critical to complete your homework and understanding the investment strategy, risks, and costs related to each form of mutual fund. When choosing a mutual fund, you should also take your investing objectives, risk tolerance, and time scale into mind.

Types of Mutual Funds in Nepal

  • Equity Funds: These funds invest in the stocks of businesses that are listed on the Nepal Stock Exchange, offering the chance for capital growth.
  • Fixed Income Funds: With the aim of producing income, these funds invest in debt instruments such as corporate bonds issued by firms doing business in Nepal or bonds issued by the government of Nepal.
  • Balanced Funds: To provide a balance of income and capital growth, these funds invest in a variety of equities and fixed-income assets.
  • Index Funds: These funds invest in the same assets as the index and follow the performance of a particular index, such as the Nepal Stock Exchange (NEPSE) index.
  • Fund of Funds: These funds diversify across many asset classes by investing in other mutual funds rather than specific equities.

What is Open Ended and Close-Ended Mutual Funds?

Open-Ended Mutual Funds: A kind of investment scheme that does not have a fixed number of ordinary shares is an open-ended mutual fund. The fund, on the other hand, always distributes new shares to investors and redeems existing shares on demand. As a result, investors can purchase or sell fund shares at any moment, and the fund manager will buy back or issue additional shares as necessary.

Closed-end Mutual Funds: A closed-end fund is a form of mutual fund that, in order to obtain money for its initial investments, issues a predetermined number of shares through a single initial public offering (IPO). After then, its shares can be purchased and sold on the stock market, but no new shares or funds will be generated for the fund.

Registered Mutual Funds in Nepal

S.NCompany NameISINType of Mutual FundScrip/Stock Symbol
1CITIZENS MUTUAL FUND 1NPE313A35000Close EndCMF1
2CITIZENS MUTUAL FUND 2NPE313A35018Close EndCMF2
3GLOBAL IME BALANCE FUND -1NPE409A35006Close EndGIBF1
4GLOBAL IME SAMMUNAT YOJANA -1NPE279A35003Close EndGIMES1
5KUMARI DHANABRIDDHI YOJANANPE373A35012Close EndKDBY
6KUMARI EQUITY FUNDNPE373A35004Close EndKEF
7LAXMI EQUITY FUNDNPE302A35003Close EndLEMF
8LAXMI UNNATI KOSHNPE359A35003Close EndLUK
9LAXMI VALUE FUND-1NPE255A35003Close EndLVF1
10MEGA MUTUAL FUND – 1NPE388A35002Close EndMMF1
11NABIL BALANCE FUND – 3NPE341A35019Close EndNBF3
12NABIL BALANCED FUND-2 NPE341A35001Close EndNBF2
13NABIL EQUITY FUNDNPE289A35002Close EndNEF
14NIBL PRAGATI FUNDNPE294A35002Close EndNIBLPF
15NIBL SAHABHAGITA FUNDNPE028A30005Open EndNIBLSF
16NIBL SAMRIDDHI FUND 2NPE028A35004Close EndNIBSF2
17NIBL SAMRIDDHI FUND-1NPE257A35009Close EndNIBSF1
18NIC ASIA BALANCED FUNDNPE349A35004Close EndNICBF
19NIC ASIA DYNAMIC DEBT FUNDNPE029A30003Open EndNICADF
20NIC ASIA FLEXI CAP FUNDNPE349A35020Close EndNICFC
21NIC ASIA GROWTH FUNDNPE029A35002Close EndNICGF
22NIC ASIA SELECT-30
(INDEX FUND)
NPE349A35012Close EndNICSF
23NIFRA URJA DEBENTURE, 7% – 2085/086NPE369A11003NIFRAUR85/86
24NMB 50NPE350A35002Close EndNMB50
25NMB HYBRID FUND L- 1NPE288A35004Close EndNMBHF1
26NMB SARAL BACHAT FUND-ENPE350A30003Open EndNMBSBFE
27NMB SULAV INVESTMENT FUND – IINPE350A35010Close EndNSIF2
28NMB SULAV INVESTMENT FUND INPE264A35005Close EndNMBSF1
29PRABHU SELECT FUNDNPE377A35005Close EndPSF
30RBB MUTUAL FUND- 1NPE381A35007Close EndRMF1
31SANIMA EQUITY FUNDNPE310A35006Close EndSAEF
32SANIMA GROWTH FUNDNPE310A35022Close EndSAGF
33SANIMA LARGE CAP FUNDNPE310A35014Close EndSLCF
34SHUBHA LAXMI KOSHNPE359A30004Open EndSLK
35SIDDHARTHA EQUITY FUNDNPE307A35002Close EndSEF
36SIDDHARTHA EQUITY ORIENTED SCHEMENPE272A35008Close EndSEOS
37SIDDHARTHA INVESTMENT GROWTH SCHEME-2NPE347A35008Close EndSIGS2
38SIDDHARTHA SYSTEMATIC INVESTMENT SCHEMENPE347A30009Open EndSSIS
39SUNRISE BLUECHIP FUNDNPE351A35018Close EndSBCF
40SUNRISE FIRST MUTUAL FUNDNPE351A35000Close EndSFMF

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Roman to Nepali Unicode

Convert Roman font to Nepali Unicode font.

Nepali Unicode to Preeti

Convert Nepali Unicode font to Preeti font.

Preeti to Nepali Unicode

Convert Preeti font to Nepali Unicode font.