Tag: mutual

  • End of Lock-in Period: VLUCL Notifies Investors Regarding Mutual Fund Shares

    End of Lock-in Period: VLUCL Notifies Investors Regarding Mutual Fund Shares


    Vision Lumbini Urja Company Limited (VLUCL) has informed its investors and stakeholders about the impending end of the lock-in period for 95,625 unit shares held by Mutual Funds. This lock-in period, in accordance with the latest directives from the Securities Board of Nepal (SEBON), is scheduled to expire on the 4th Jestha, 2081.

    VLUCL, with a total of 19,125,000 units of shares listed on the Nepal Stock Exchange (NEPSE), reserved 5 percent of these shares exclusively for Mutual Funds. Consequently, 95,625 unit shares were issued and are currently under the lock-in period.

    In compliance with SEBON’s directives, these 95,625 units were subjected to a lock-in period, which is set to conclude on the 4th Jestha, 2081, as communicated to investors and stakeholders.

    As of the previous trading day, VLUCL closed at Rs. 507.00.

  • Sarbootam cement IPO does an institutional investor get their IPO on hold for 6 months just like a mutual fund

    Sarbootam cement IPO does an institutional investor get their IPO on hold for 6 months just like a mutual fund


    Recently SEBON came up with an initiative that does not allow mutual funds to sell IPOs for 6 six-month period, does this rule apply to institutional investor who holds 24 lakh kitta of sarbottam cement??? If those 24lakhs kitta is on hold for 6 months we could see some more uptrend.

    View on r/NepalStock by KM-2058_01_01

  • Hathway Investment Nepal Limited to Conclude Lock-In Period for 36,512 Mutual Fund Shares on March 1, 2080

    Hathway Investment Nepal Limited to Conclude Lock-In Period for 36,512 Mutual Fund Shares on March 1, 2080


    Hathway Investment Nepal Limited (HATHY) has notified its investors and stakeholders regarding the impending expiration of the lock-in period for 36,512 unit shares held by Mutual Funds. The Securities Board of Nepal (SEBON) has directed that this lock-in period will conclude on 1st Chaitra, 2080.

    HATHY, with a total of 25,740,000 units of shares listed on the Nepal Stock Exchange (NEPSE), had allocated 5 percent of 29,25,000 shares exclusively for Mutual Funds, resulting in the issuance of 146,250 unit shares. However, only 36,512 units are currently subject to the lock-in period.

    In compliance with SEBON’s directives issued on Mangsir 25, a portion of these shares, precisely 36,512 units, were placed under a lock-in period. Stakeholders and investors are now informed that the lock-in period for these 36,512 unit shares concluded on Chaitra 1.

    The closing market price for HATHY stood at Rs. 863.90 as of the previous trading day.

  • NAV Reports for Sanima Large Cap Fund, Sanima Equity Fund, and Sanima Growth Fund in Magh

    NAV Reports for Sanima Large Cap Fund, Sanima Equity Fund, and Sanima Growth Fund in Magh


    Sanima Large Cap Fund (SLCF) is a closed-end mutual fund managed by Sanima Capital, associated with Sanima Bank, featuring a 7-year maturity period. With a fund size of Rs. 1.20 arba, SLCF made investments in the month of Magh, allocating Rs. 82.33 crore to listed company shares and Rs. 1.92 crore to public issues, right shares, and bonus shares. The fund also holds Rs. 12 crore in fixed deposits, Rs. 10.28 crore in bonds and debentures, and a bank balance of Rs. 11.67 crores. Reporting a net profit of Rs. 1.69 crores in Magh, there’s a decrease from the previous month’s profit of Rs. 3.73 crores, with the NAV dropping from Rs. 10.09 to Rs. 9.92.

    Sanima Equity Fund (SAEF), another 7-year closed-end mutual fund under Sanima Capital, initiated with a fund size of Rs. 1.30 Arba. In Magh, the fund invested Rs. 1.03 Arba in listed shares and Rs. 2.78 crores in public issues, right shares, and bonus shares. Additionally, it has Rs. 17 crores in fixed deposits, Rs. 10.26 crores in bonds and debentures, and a bank balance of Rs. 10.57 crores. SAEF reported a net loss of Rs. 1.42 crores in Magh, a decrease from the previous month’s net profit of Rs. 1.87 crores, with the NAV declining from Rs. 11.43 to Rs. 11.18.

    Sanima Growth Fund (SAGF), a closed-end fund with an 11-year maturity period, disclosed a fund size of Rs. 67.25 Crores. In Magh, SAGF invested Rs. 43.77 crore in listed shares, Rs. 1.47 crore in public issues, and Rs. 8 crore in fixed deposits. The fund holds Rs. 16.33 crores in the bank and other assets worth Rs. 55.31 lakhs. Reporting a net profit of 4.65 crores in Magh, there’s a decrease from the previous month’s net profit of 5.30 crores, with the NAV decreasing from Rs. 11.06 to Rs. 10.96.

  • Nabil Balanced Fund 2, NBF3, and Nabil Flexi Cap Fund Performance

    Nabil Balanced Fund 2, NBF3, and Nabil Flexi Cap Fund Performance


    The Nabil Balanced Fund 2 (NBF2) is a 10-year closed-end mutual fund scheme, and its Net Asset Value (NAV) report for the month of Magh reveals a decrease in NAV from Rs. 10.31 to Rs. 10.15. Starting with a fund size of Rs. 1.12 Arba, it invested Rs. 88.37 crores in listed company shares, Rs. 1.12 crore in non-listed shares, and Rs. 20.77 crore in listed debentures. Additionally, it holds a bank balance of Rs. 87.68 lakhs. Despite a net profit of Rs. 1.27 crores in Magh, there’s a decline from the previous month’s net profit of Rs. 3.09 crores.

    Another 10-year closed-end fund, Nabil Balanced Fund III (NBF3), started with a fund size of Rs. 1.25 Arba. In Magh, it invested Rs. 85.31 crores in listed shares, Rs. 1.01 crore in non-listed shares, and holds Rs. 7.49 crores in bank deposits. NBF3 reports a net profit of Rs. 2.30 crores in Magh, a positive shift from the previous month’s loss of Rs. 3.58 crores. The NAV for Magh is Rs. 9.33, compared to Rs. 9.43 in the previous month.

    The NAV report for Nabil Flexi Cap Fund (NFCF), an open-end mutual fund scheme without a fixed maturity period, discloses a slight increase in NAV from Rs. 10.31 to Rs. 10.32 in Magh. With a fund size of Rs. 54.17 crores, NFCF invested Rs. 33.17 crores in listed shares, Rs. 2.75 crores in bonds and debentures, and has Rs. 5 crores in fixed deposits and Rs. 15.24 crores in bank balance. The fund reports a net profit of Rs. 2.46 crores in Magh, a marginal rise from the previous month’s profit of Rs. 2.39 crores.

  • Garima Capital’s Rs 1 Arba Mutual Fund Added to SEBON Pipeline

    Garima Capital’s Rs 1 Arba Mutual Fund Added to SEBON Pipeline


     

    The Securities Exchange Board of Nepal (SEBON) has recently included “Garima Samriddhi Yojana” in its latest list of mutual fund schemes under preliminary review. This scheme, proposed by Garima Capital, is a closed-end mutual fund with a fund size of Rs. 1 Arba, divided into 10 Crore units, each valued at Rs. 10. The application for approval was submitted to SEBON on Magh 28. Garima Bikas Bank Limited (GBBL) serves as the Fund Sponsor for this scheme.

     

  • Citizen Life Insurance to End Lock-in Period for 434,906 Mutual Fund Shares by Falgun 27

    Citizen Life Insurance to End Lock-in Period for 434,906 Mutual Fund Shares by Falgun 27


    Citizen Life Insurance Company (CLI) has notified its investors and stakeholders regarding the upcoming end of the lock-in period for 434,906 unit shares held by Mutual Funds. As per the recent directives from the Securities Board of Nepal (SEBON), this lock-in period, which began on Kartik 20, 2080, will conclude on the 27th of Falgun, 2080.

    CLI had previously allocated 30 percent of its issued capital, amounting to Rs. 3.75 Arba, to the general public. Within this allocation, 5 percent was specifically designated for Mutual Funds, comprising 562,500 units of shares.