S.

N Name of Stock Quantit Purchas Last Sale Gain(as Realized/Unrealized

o y e Price Traded s of
Price Pric 25/2/2020
e )
1.) Synergy Power 50 82 - 96 700 Realized
Development
Ltd. (SPDL)
2.) Muktinath 75 280 364 - 6,300 Unrealized
Bikas Bank
Ltd. (MNBBL)
3.) Deva Bikas 23 136 155 - 437 Unrealized
Bank Ltd.
Deva Bikas 127 134 155 - 2,667 Unrealized
Bank Ltd.
(DBBL)
4.) Neco Insurance 100 549 - 685 13,600 Realized
Co. Ltd. (NIL)

Total Amount 2,10,000/-

Amount Invested 96,046/-
Current Market 1,19,050/-
Value
Remaining Amount 99,422/-
Total Gain (as of 23,704/- (24.67%)
25/2/2020)
Total Kittas 325
 INVESTMENT PORTFOLIO

Development
Banks
43%
Non Life
Insurance
57%

Non Life Insurance Development Banks

AMOUNT ALLOCATION
MNBBL
11%
DBBL
10%
NABIL
(Savings
Account)
51%
NIL
28%

MNBBL DBBL
NIL NABIL (Savings Account)

General Savings Account @NABIL Bank Ltd. Interest @ 3.75%

Date Interest Amount
17/07/2019-17/10/2019 258.51
18/10/2019-14/01/2020 1,428.98
 Particulars Rates Rate of return (r)-
CAPM
Market Rate (Rm) 9.25%- Fixed interest MBBL 9.295
rate by NRB
Risk Free Rate (Rf) 8.750- T-bond yield rate, DBBL 9.245
average from 1980-2017
Beta of MNBBL 1.09 MFIL 9.185

Beta of DBBL 0.99 (r) 9.242

Beta of MFIL 0.87

Company Current Intrinsic Value CAGR Core Growth Status

Name Value at R(e) Rate
MNBBL 288 180.76 (9.295%) 41.20% 18.15% OVERVALUED
DBBL 155 94.77 (9.245%) 24.98% 24.12% OVERVALUED

At our current expected rate of return of 9.295% for MNBBL and 9.245% for DBBL, both the stocks are
overvalued which collides with our investment objective of value investing. However, in case of DBBL,
the increase in profits might be due to merger/acquisition with Kumari Bank Limited.
Portfolio

Throughout the program investment was made in five different companies; Synergy Power
Development, Deva Bikas Bank Limited, Muktinath Bikas Bank Limited, Neco Insurance Limited
and Manjushree Finance Limited. One major reason for investing in all these stocks was that
their fundamentals were quite strong and the performance indicators were higher than that of
the industry average. Out of these, the stocks of SPDL and NIL have already been sold while the
remaining three are decided to keep on hold for some time until the market stabilizes.

 Sector wise Investment:

 Current Portfolio

Finance
40%

Development
Banks
60%

Currently, our portfolio holds stocks from the finance sector and the development bank sector.
60% of the stocks i.e. a total of 225 stocks are acquired from development banks namely Deva
Bikas Bank Limited- 150 stocks and Muktinath Bikas Bank Limited-75 stocks and the remaining
40% stocks from finance sector i.e. Manjushree Finance Limited-150 stocks. In terms of
diversification of our portfolio, we invested in sectors like: Hydropower-Synergy Power
Development Limited, Development Banks- DBBL and MNBBL, Insurance- Neco Insurance
Limited and Finance-MFIL.

 Amount Allocation:

AMOUNT ALLOCATION

MNBBL
11%

DBBL
11%

NABIL (Savings
Account)
53%

MFIL
25%

Out of a total of Rs.2,10,000, roughly 11% is allocated to MNBBL and DBBL, 25% to MFIL and
the remaining 53% is still in our bank account after collections from NECO AND SPDL.
 Stock Name Investment Current Value
DBBL 20,326.13 22,800.0
MNBBL 21,154.15 21,600.0
MFIL 47,439.66 36,450.0
Total 1,48,305.73 80,850.0

The above table gives a detailed information regarding the exact amounts of investments made
of the stocks that our portfolio currently holds. The investment amounts are inclusive of taxes.
The current value for all except MFIL seems to be greater than the actual investment made.
However, we are currently facing a loss of 23.16% from the stocks of MFIL alone whereas are
receiving gains of 12.17% and 2.10% from the stocks of DBBL and MNBBL respectively.
  Type of Industry:

Type of Industry

Cyclical

There are those industries that follow the trend of the economy wherein if the economy does
well these industries flourish and vice versa called cyclical industries, and then there are others
who follow a trend opposite to that of the economy known as non-cyclical industries. In case of
our portfolio, we include sectors like Finance and Development Banks, both lean towards the
cyclical side which is why these might be affected as the economy worsens.
S.N Name of Quanti Purcha Last Sal Gain(as of Realized/Unreali
o Stock ty se Trade es 25/2/2020) zed
Price d Pri (Gross This table
Price ce Amount)
1.) Synergy 50 82 - 96 700 Realized
Power
Development
Ltd. (SPDL)
2.) Muktinath 75 280 288 - 600 Unrealized
Bikas Bank
Ltd.
Total Amount
(MNBBL) 2,10,000/-
3.)
Amount Deva Bikas
Invested 23 136
1,48,305.73/- 152 - 368 Unrealized
Bank Ltd.
CurrentDeva
MarketBikas 80,850/-
127 134 152 - 2,286 Unrealized
Value Bank Ltd.
Sold Value(DBBL) 72,177.95/-
4.) Gain-Realized
Total Neco 100
14,300/- 549 - 685 13,600 Realized
Insurance Co.
Ltd. (NIL)
Total Loss- (7,396)/-
5.) Manjushree
Unrealized 100 316 243 - (7,300) Unrealized
Finance
Total Gain/Loss (as 6,904/-
Limited
of 27/05/2020)
(MFIL)
Total Kittas 375 (Holding)
Manjushree 50 310 243 - (3,350) Unrealized
Finance
Limited
(MFIL)

summarizes our portfolio and the amounts of gains and losses. This table includes the quantity
of shares purchased, purchase price, sales price of the stocks sold and the last traded prices
(LTP) of the remaining stocks. The LTP are collected as of May 12, 2020. As per the table it is
clear that the volume of our investment has gradually increased. As of now we have received
realized gains from SPDL and NECO. The highest returns are received from shares of NECO.