Laxmi Equity fund and Laxmi Value Fund-1 are two mutual fund schemes which are managed by the Laxmi Capital Limited. As per the Jestha report, already 2076 of these two schemes has published.
So the net asset values are Rs. Rs. 9.20 and Rs. 11.61 per share for Laxmi Equity Fund and Laxmi Value Fund -1 respectively according to the report. The total amount is Rs. 26.02 crores and Rs. 76.58 crores respectively until Jestha 2076. This is the total amount of investment.
As consider to the top three spots, these two schemes of Laxmi Mutual funds allow sharing the insurance companies. These insurance companies are namely Life insurance Corporation Nepal and Nepal Life Insurance. Usually, these companies are found as the top three stocks in case of both the Laxmi Value
Fund-1 and Laxmi Equity Fund. As per the report until Jestha 2076, the main holdings of Laxmi Value
Fund-1 and Laxmi Equity Fund are in the hand of Nabil Bank Promoter and Nepal Life Insurance in the month-end.
In the case of Laxmi Equity Fund, the securities are in the responsibility of Premier Insurance, Life insurance corporation and Nepal Life insurance, etc. Only Premier Insurance belongs to a non life insurance sector. On the other hand, Laxmi Value fund, Nabil Bank Promoter, Nepal Life Insurance, Life
Insurance Corporation is the insurance companies which are act as securities. Only Nabil Bank promoter is a banking sector and others are from insurance sectors.