lwtf]kq ;DalGw P]g @)^# tyf ;fd"lxs nufgL sf]if lgodfjnL, @)^& adf]lhd

g]kfn lwtf]kq af]8{df btf{ ePsf]

Pg cfO{ ;L Plzof a+}s Do'r'cn km08
cGtu{t ;~rfng x'g]
Pg cfO{ ;L Plzof 8fO{gflds 8]K6 km08
-NIC ASIA Dynamic Debt Fund_
sf]
ljj/0f k'l:tsf
-;fd"lxs nufgL sf]if lgodfjnL, @)^& sf] lgod @$ sf] Joj:yf adf]lhd hf/L ul/Psf]_
k|lt OsfO{ d"No ?=!)÷—b/sf] %,)),)),))) -kfFr s/f]8_ OsfO{ dWo] aLh k"FhL afkt s'n lgisf;g ul/g] OsfO{sf] hDdf !% k|ltzt cyf{t
&%,)),))) -krxQ/ nfv_ OsfO{ sf]if k|j4{s Pg cfO{ ;L Plzof a}+s lnld6]8nfO{ ;'/lIft /flv afFsL Go"gtd $,@%,)),))) -rf/ s/f]8 kRrL; nfv_
OsfO{ dWo] k|yd r/0fdf ;j{;fwf/0fx?df !,@%,)),))) -Ps s/f]8 kRrL; nfv_ OsfO{ o; ljj/0f k'l:tsfsf] zt{ cg';f/ ;fj{hlgs ?kdf laqmLsf
nflu v'Nnf ul/Psf] .
of]hgf Joj:yfks /]l6Ë ug]{ M O{qmf g]kfn lnld6]8, l8NnLahf/, sf7df08f} .
sf]if k|a4{ssf] /]l6Ë ug]{ M O{qmf g]kfn lnld6]8, l8NnLahf/, sf7df08f} .
of]hgf Joj:yfksn] k|fKt u/]sf] /]l6Ë÷hgfpg] cfwf/ M ICRA Nepal - “[ICRANP] AMC Quality3 (AMC3)” (Reaffirmed) h;n]
“Adequate Assurance on Management Quality” eGg] cfwf/ hgfpb5 .
sf]if k|a¢{sn] k|fKt u/]sf] /]l6Ë÷hgfpg] cfwf/ ICRA Nepal - “ [ICRANP-IR] BBB+” Issuer with this rating are considered to
offer moderate degree of safety regarding timely servicing of financial
M obligations. h;n] “Moderate Credit Risk.” eGg] cfwf/ hgfpb5 .
of]hgf Joj:yfksn] u|]l8Ë k|fKt u/]sf] ldlt M February 17, 2020
sf]if k|a¢{sn] u|]l8Ë k|fKt u/]sf] ldlt M
July 13, 2020
of]hgfsf] lsl;d M v'nfd'vL
of]hgfsf] cjlw M nfu' gx'g] .
of]hgf kl/kSj x'g] M nfu' gx'g] .
g]kfn lwtf]kq af]8{af6 ljj/0f k'l:tsf :jLs[t ldlt M @)&&÷)&÷@! ut] .
OsfO{ laqmL v'Nnf x'g] ldlt M @)&&÷)*÷!@ ut] .
OsfO{ laqmL aGb x'g] ldlt -l56f]df_ M @)&&÷)*÷!^ ut] -a}+lsË ;do kZrft\ .
OsfO{ laqmL aGb x'g] ldlt -l9nf]df_ M M @)&&÷)*÷@^ ut] -a}+lsË ;do kZrft\ .
cfj]bg lbg'kg]{ Go"gtd OsfO{ ;ª\Vof M !)) -Ps ;o_ k|lt OsfO{ d"No ?= !)÷— sf b/n] ? !,)))÷–
cfj]bg;fy e'QmfgL ug'{kg]{ /sd M zt\ k|ltzt
v/Lb ug{ ;lsg] clwstd OsfO{ ;+Vof M %),)),))) -krf; nfv_ OsfO{ k|lt O{sfO{ d'No ?=!)÷– sf b/n] ?=%,)),)),)))÷–

sf]if k|a4{s
sDkgL P]g, @)^# cGtu{t :yflkt /
a}+s tyf laQLo ;+:yf ;DaGwL P]g, @)^# adf]lhd sf/f]af/ ug]{
g]kfn /fi6« a}+s af6 ‘s’ ju{sf] Ohfht k|fKt ;+:yf

Pg cfO{ ;L Plzof a}+s lnld6]8

6]«8 6fj/ g]kfn, yfkfynL, sf7df08f}
kmf]gM )!–%!!!!&&, %!!!!&*, ˆofS; g+= (&&–!–%!!!!*)
Od]n : info@nicasiabank.com, j]j;fO6 M www.nicasiabank.com
sf]if ;'kl/j]Ifsx?sf] ljj/0f M
!= >L cflzif clwsf/L – LM
ljut @! jif{ b]lv xfn;Dd sfg'g Joj;fodf ;+nUg .
7]ufgfM sf=d=g=kf=j8f g+= )!, gS;fn, sf7df08f} . of]hgf Joj:yfks
@= >L af]w /fh lg/f}nf – Master in Economic(ME) -lgisf;g tyf laqmL k|jGwssf] sfo{ ;d]t ug]{_
cy{ dGqfno ;lxt g]kfn ;/sf/sf] ljleGg lgsfodf #@ aif{sf] sfof{g'ej .
7]ufgfM sf=d=g=kf= j8f g+= $, c?0ffnfdf 6f]n, sf7df08f} .
#=>L lzj/fh l3ld/] – MBA
lzIf0f k]zfdf !& jif{ eGbf a9Lsf] sfof{g'ej .
xfnM ;/:jtL ax'd'vL Sofdk;, n}grf}/df pk k|Wofkssf] ?kdf sfo{/t . Pg cfO{ ;L Plzof Soflk6n lnld6]8
7]ufgfM sf=d=g=kf=j8f g+= !%, sn+sL .
(A Wholy Owned Subsidiary of NIC ASIA
$= >L ;Gtf]if nfld5fg] – CPA, CGA, FCCA, MBS
n]vfkl/If0f tyf ;+:yfut k/fdz{sf] If]qdf !^ aif{ eGbf al9sf] sfof{g'ej . Bank Limited.)
7]ufgf M sf=d=g=kf= @%, ag:ynL, sf7df08f}+ . Afa/dxn, sf7df8f}+
%= >L dx]Gb| gfy sdf{rfo{ – M. Com
kmf]g M )!–%&)%(($
a}+s tyf ljQLo If]qdf #) jif{ eGbf al9sf] sfo{cg'ej .
ˆofS; M )!–%&)^$%*
7]ufgf M cgfdgu/, j8f g+= @(, sf7df08f} . Email: info@nicasiacapital.com
URL: www.nicasiacapital.com

k'gZr M laqmL cfJxfg ul/Psf] OsfO{sf nflu cfj]bg kg{ cfP kZrft\ Go"gtd cjlw Joltt eP kl5 ;"rgf k|sflzt u/L OsfO{ laqmL aGb ul/g]5 .
o; ljj/0f k'l:tsfn] – æof]hgfsf] u'0f:t/ jf k|ltkmnsf] lglZrttfsf] k|Tofe"lt ub}{g / s[kof nufgL ug'{ eGbf cufl8 ljj/0f k'l:tsf /fd|f];Fu k9\g' xf]nfÆ .
1
@=!= ljifo ;"rL
qm=;+= ljifo k[i7
@=@ ljj/0f k'l:tsfdf k|of]u ePsf k|fljlws tyf cGo zJbfjnLsf] kl/efiff #
@=# ljj/0f k'l:tsf tyf cfj]bg kmf/d k|fKt ug]{ / cfj]bg a'emfpg] :yfgx? #
@=$ ljj/0f k'l:tsfdf pNn]lvt ljj/0fx?sf] ;Totf tyf nufgLstf{sf] bfloTj ;DaGwdf #
# pb\\3f]if0f $–$
#=! lgodg lgsfosf] hjfkmb]xLtf g/xg] pb\3f]if0f $
#=@ sf]if k|a4{ssf] pb\3f]if0f $
#=# of]hgf Joj:yfkssf] pb\3f]if0f $
#=$ sf]if ;'kl/j]Ifssf] pb\3f]if0f $
$ of]hgf ;DaGwL ;+lIfKt hfgsf/L $–^
% sf]if k|j4{s ;DaGwL hfgsf/L &–!!
%=! sf]if k|a4{ssf] gfd &
%=@ of]hgf Joj:yfks sDkgLdf z]o/ :jfldTjsf] k|ltzt &
%=# sf]if k|a4{s :yflkt ePsf] P]g÷lgod ;DaGwL ljj/0f &
%=$ sf]if k|a4{ssf] ;+lIfKt Oltxf; &
%=% sf]if k|a4{ssf k|d'v p2]Zox? &
sf]if k|a4{ssf] ljut tLg jif{sf] n]vfk/LIf0f ePsf] jf;nft, gfkmf gf]S;fg lx;fa tyf gub k|jfx ljj/0f, -;xfos sDkgL eP ;dli6s[t
%=^ &–!!
?kdf_, tyf ljut tLg jif{sf] k|lt z]o/ cfDbfgL -clg{Ë k/ z]o/_ / k|lt z]o/ g]6jy{ ;DaGwL ljj/0f
^ of]hgf Joj:yfks ;DaGwL ljj/0f !!–@&
^=! of]hgf Joj:yfkssf] kl/ro !!–!@
^=@ of]hgf Joj:yfkssf] efjL of]hgf tyf /0fgLlt !@
^=# of]hgf Joj:yfkssf] ;~rfns ;ldltsf] ;+/rgf / k|ltlglwTj ;DaGwL Joj:yf !@
^=$ of]hgf Joj:yfkssf] k"FhL ;+/rgf -clws[t k"FhL, hf/L k"FhL tyf r'Qmf k"FhL_ ;DaGwL hfgsf/L !@
^=% of]hgf Joj:yfkssf] ;+:yfks tyf ;~rfns ;DaGwL hfgsf/L !@–!$
^=^ of]hgf Joj:yfkssf] sd{rf/L ;DaGwL hfgsf/L !$
of]hgf Joj:yfkssf] ;~rfng cjlw tLg jif{ JotLt e};s]sf] eP ljut tLg jif{sf] / tLg jif{ JotLt e}g;s]sf] eP ;~rfng cjlwe/sf]
^=& !%–!&
n]vfk/LIf0f ePsf] -n]vfk/LIf0f gePsf] eP Joj:yfkgaf6 k|dfl0ft_ jf;nft, gfkmf gf]S;fg lx;fa tyf gub k|jfx ljj/0f
^=* of]hgf Joj:yfkssf] n]vf gLlt ;DaGwL Joj:yf !&
^=( of]hgf Joj:yfkssf] n]vfk/LIfssf] gfd tyf 7]ufgf !&
of]hgf Joj:yfkssf] sf/f]jf/df c;/ kg]{ s'g} ljjfb÷d'2f dfldnf eP ;f] sf] ljj/0f tyf d'2f dfldnf clGtd ?kdf km};nf eO{ hl/jfgf
^=!) !&
a'emfPsf] eP ;f] ;DaGwL ljj/0f
^=!! of] of]hgf eGbf cuf8Lsf] of]hgfsf] v'b ;DkQL d"No -g]6 P;]6 EofNo"_ ;DaGwL ljj/0f !*–@^
^=!@ of]hgf Joj:yfkssf] /]l6Ë u/]sf] eP /]l6Ë ug]{ sDkgL tyf /]l6Ë, ;+s]t @^
& sf]if ;'kl/j]Ifs tyf sf]if ;'kl/j]Ifs;Fusf] ;Demf}tf ;DaGwL ljj/0f @^–@&
&=! sf]if ;'kl/j]Ifsf] gfd, 7]ufgf, pd]/ tyf of]Uotf @^
&=@ sf]if ;'kl/j]Ifssf] Joj;flos cg'ej, d'Vo k]zf, Joj;fo tyf xfn sfod /x]sf] lhDd]jf/L @&
&=# of]hgf ;DaGwdf sf]if ;'kl/j]Ifssf] e"ldsf @&
&=$ sf]if k|a4{s / sf]if ;'kl/j]Ifs aLrsf] ;Demf}tfsf d'Vo d'Vo a'Fbfx? @&
* of]]hgf ;DaGwL hfgsf/L @&–#*
*=! of]hgf ;DaGwL ljj/0f @*–@)
*=@ of]hgfsf] p2]Zo #)
*=# of]hgfn] nufgL ug]{ If]q #)
*=$ ljb]zdf nufgL ug]{ eP ;f] ;DaGwL Joj:yf #)
*=% of]hgfsf] ljQLo k|If]k0f ;DaGwL Joj:yf #)–#%
*=^ of]hgfsf] vr{ ;DaGwL ljj/0f #%–#^
*=& of]hgfsf] d'gfkmf ljt/0fsf] nIo #^
*=* nufgL tyf nfefFzsf ;DaGwdf nfu' x'g] s/ ;DaGwL Joj:yf #^
*=( of]hgfsf] OsfO{ csf]{ of]hgfdf x:tfGt/0f x'g]÷gx'g] s'/f / x'g] ePdf ;f]sf] k|lqmof #^
*=!) v'b ;DklQ d'No u0fgf tyf ;f]sf] k|sfzg ;DaGwL Joj:yf #^
*=!! of]hgfdf cGtlg{lxt hf]lvd tyf ;f]sf] Joj:yfkgsf] nflu Joj:yfkgsf] wf/0ff #^–#*
( OsfO{ lgisf;g ;DaGwL ljj/0f #(–$)
(=! OsfO{{ laqmL v'nf ul/g] ldlt tyf cjlw #(
(=@ cfj]bg ;Íng s]Gb| -laqmL s]Gb|_ ;DaGwL hfgsf/L #(
(=# lgj]bg lbg;Sg] JolQm tyf ;+:yfx? #(
(=$ v/Lb ug{ ;lsg] Go"gtd tyf clwstd OsfO{{ ;+Vof #(
(=% OsfO{{sf] afF8kmfF6, lkmtf{ e'QmfgL tyf ;"rLs/0f ;DaGwL Joj:yf #(–$)
(=^ lgj]bg lb+bf Wofg lbg'kg]{ s'/fx? $)
!) OsfO{wgL -of]hgfsf ;xefuL_ nfO{ k|fKt x'g] clwsf/ tyf ;]jf $!
!! u'gf;f] ;'Gg] / ;dfwfg ug]{ k|s[of $!
o; ljj/0f k'l:tsfdf k|sflzt tYo tyf ljj/0fx? 7Ls b'?:t 5g\ ;f] df km/s k/]df xfdL ;~rfnsx? lhDd]jf/ x'g]5f}+ egL ;lx 5fk ug]{
!@ $@
;~rfnsx?sf] gfd tyf b:tvt
!# of]hgf Joj:yfkssf] k|lta4tf kq -8\|o' 8]lnh]G; ;l6{lkms]6_ sf] k|lt $#
2
@=@ ljj/0f k'l:tsfdf k|of]u ePsf k|fljlws tyf cGo zAbfjnLsf] kl/efiff M
-s_ æP]gÆ eGgfn] lwtf]kq ;DaGwL P]g, @)^# ;Demg' kb{5 .
-v_ ælgodfjnLÆ eGgfn] ;fd"lxs nufgL sf]if lgodfjnL, @)^& -;+zf]wg ;lxt_ ;Demg' kb{5 .
-u_ ælgb]{lzsfÆ eGgfn] ;fd"lxs nufgL sf]if lgb]{lzsf, @)^( ;Demg' kb{5 .
-3_ æaf]8{Æ eGgfn] g]kfn lwtf]kq af]8{nfO{ ;Demg' kb{5 .
-ª_ æljj/0f k'l:tsfÆ eGgfn] OsfO{ ;fj{hlgs lgisf;gsf] cfJxfg ug{'cl3 of]hgfsf] ;DaGwdf hfgsf/L k|bfg ug]{ k|of]hgsf nflu
;fd"lxs nufgL sf]if lgb]{lzsf, @)^( adf]lhd k|sfzg ul/g] ljj/0f k'l:tsf ;Demg' kb{5 .
-r_ æ;+sng s]Gb|Æ eGgfn] OsfO{sf] ;fj{hlgs ?kdf lgisf;g tyf laqmLsf nflu cfj]bg kmf/fd a'‰gsf] nflu of]hgf Joj:yfks
sDkgLn] tf]s]sf] a}+s tyf ljQLo ;+:yf / ltgsf zfvfsfof{nox? ;Demg' kb{5 .
-5_ ælgisf;g a}+sÆ eGgfn] OsfO{sf] ;fj{hlgs lgisf;g tyf laqmLaf6 ;+sng x'g cfPsf] /sd ;+sng s]Gb|af6 tTsfn ;'/lIft
tj/n] /fVgsf nflu vftf vf]nL Joj:yf ul/Psf] a}+s tyf ljQLo ;+:yf ;Demg' kb{5 .
-h_ æOsfO{Æ eGgfn] of]hgf cGt{ut lgisf;g ul/g] lwtf]kqsf] OsfO{ ;Demg' kb{5 .
-em_ æsf]if k|a4{sÆ eGgfn] af]8{df ;fd"lxs nufgL sf]if lgodfjnL adf]lhd Pg cfO{ ;L Plzof 8fO{gflds 8]K6 km08 btf{ u/fpg] Pg
cfO{ ;L Plzof a}+s lnld6]8nfO{ ;Demg' kb{5 .
-~f_ æof]hgfÆ eGgfn] lgodfjnLsf] lgod @$ adf]lhd af]8{af6 :jLs[t k|fKt of]hgf -Scheme_ ;Demg' kb{5 .
-6_ æof]hgf Joj:yfksÆ eGgfn] Pg cfO{ ;L Plzof Soflk6n lnld6]8nfO{ ;Demg' kb{5 .
-7_ æsf]if ;'kl/j]IfsÆ eGgfn] lgodfjnLsf] Joj:yf adf]lhd Pg cfO{ ;L Plzof a+}s Do'r'cn km08sf] ;'kl/j]If0f sfo{sf nflu Pg
cfO{ ;L Plzof a}+s lnld6]8af6 lgo'Qm tyf g]kfn lwtf]kq af]8{af6 :jLs[t k|fKt JolQmx?sf] ;d"xnfO{ ;Demg' kb{5 .
-8_ æl8kf]lh6/LÆ eGgfn] of]hgf cGt{utsf OsfO{ wgLx?sf] /]s8{ /fVg], OsfO{ gfd;f/L ;DaGwL sfo{ ug{] of]hgfsf] nufgLsf] k|ltkmn
k|fKt u/L ;f]sf] /]s8{ /fVg] OsfO{ wgLx?nfO{ nfef+z ljt/0f ug]{ h:tf lgodfjnLn] tf]s]sf] sfo{ ug]{ cg'dlt k|fKt Pg cfO{ ;L
Plzof Soflk6n lnld6]8nfO{ ;Demg' kb{5 .
-9_ ælgodg lgsfoÆ eGgfn] g]kfn lwtf]kq af]8{, sDkgL /lhi6«f/sf] sfof{no tyf g]kfn /fi6« a}+snfO{ ;Demg'kb{5 .
-0f_ æcf:jf ;b:oÆ eGgfn] g]kfn lwtf]kq af]8{af6 lwtf]kqsf] b/vf:t ;+sngsf] nflu cg'dlt k|fKt a}+s tyf ljQLo ;+:yfx?nfO{
;Demg' kb{5 .

@=# ljj/0f k'l:tsf tyf cfj]bg kmf/d k|fKt ug]{ / cfj]bg a'emfpg] :yfgx? M
-s_ ljj/0f k'l:tsf k|fKt ug]{ :yfg M
l;= g+= sDkgLsf] gfd tyf 7]ufgf
! Pg cfO{ ;L Plzof Soflk6n lnld6]8, aa/dxn, sf7df08f} .

;fy} o; ljj/0f k'l:tsf Pg cfO{ ;L Plzof Soflk6n lnld6]8sf] j]j;fO{6 www.nicasiacapital.com, Pg cfO{ ;L Plzof
a}+s lnld6]8sf] j]j;fO{6 www.nicasiabank.com af6 k|fKt ug{ ;lsg] 5 . ;fy} ljj/0f kq :jLs[t kZrft g]kfn lwtf]kq
af8{sf] j]j;fO6 www.sebon.gov.np af6 ;d]t x]g{ ;Sg' x'g]5 .
-v_ cfj]bg kmf/d k|fKt ug]{ / a'emfpg] :yfgx? M
l;= g+= sDkgLsf] gfd tyf 7]ufgf
! g]kfn lwtf]kq af]8{af6 cg'dlt k|fKt u/L l;–cf:jf (C-ASBA) ;]jfdf ;xefuL ;Dk'0f{ a}+s tyf ljQLo ;+:yfx? /
tLgsf zfvf sfof{nox? .

@=$ ljj/0f k'l:tsfdf pNn]lvt ljj/0fx?sf] ;Totf tyf nufgLstf{sf] bfloTj ;DaGwdf M
o; ljj/0f k'l:tsfdf pNn]v ul/Psf ljj/0fx? ;xefuLx?sf] hfgsf/Lsf] nflu P]g tyf lgodfjnL adf]lhd tof/ u/L g]kfn
lwtf]kq af]8{af6 :jLs[t ePsf] xf] . o;af6 of]hgfdf ;xefuL x'g rfxg] hf] sf]xLn] of]hgfdf ;xefuL x'g'eGbf cufl8 g}
of]hgfaf/] hfgsf/L k|fKt ug{ ;Sg]5g\ . of] ljj/0f k'l:tsf g]kfn lwtf]kq af]8{af6 :jLs[t ePtf klg o;sf] /fd|f];Fu cWoog
u/]/ dfq nufgL ug{ ;'emfj lbO{G5 . ljj/0f k'l:tsf k|sflzt eP kZrft\ lgisf;g v'Nnf x'g'cl3 jf ;f] cjlwdf o; ljj/0f
k'l:tsfdf s'g} k|sf/sf] kl/jt{g ePdf ;f]sf] ;fj{hlgs ?kdf hfgsf/L u/fOg]5 .

3
# pb\3f]if0f M
#=! lgodg lgsfosf] hjfkmb]lxtf g/xg] pb\3f]if0f M
OsfO{ ;fj{hlgs lgisf;g ug{sf nflu tof/ ul/Psf] o; ljj/0f k'l:tsfnfO{ lwtf]kq ;DaGwL k|rlnt sfg"g adf]lhd g]kfn
lwtf]kq af]8{n] :jLs[lt k|bfg u/]sf] 5 . o;/L k|bfg ul/Psf] :jLs[ltn] ljj/0f k'l:tsfdf pNn]lvt s'/fsf] ;Totf jf of]hgf
Joj:yfks jf of]hgfsf] cfly{s ;Ifdtfsf] af/]df g]kfn lwtf]kq af]8{n] s'g} k|sf/sf] k|Tofe"t u/]sf] jf lhDd]jf/L lnPsf] dflgg]
5}g .
#=@ sf]if k|a4{ssf] pb\3f]if0f M
k|rlnt sfg"g adf]lhd of]hgf Joj:yfksn] tof/ u/]sf] o; of]hgf sf]if ;'kl/j]Ifs tyf g]kfn lwtf]kq af]8{sf] :jLs[ltdf
;~rfngdf cfpg]5 . sf]if ;'kl/j]Ifs tyf of]hgf Joj:yfkssf] ;~rfns ;ldltdf sf]if k|a4{ssf] k|ltlglw ;~rfns dfkm{t
of]hgfsf] Joj;flos tyf lgod ;+ut Joj:yfkgdf sf]if k|a4{ssf] ;xeflutf /xg]5 . ljj/0f k'l:tsfdf ;dfj]z ul/Psf
ljj/0f ;To tYo /x]sf 5g . ;fy} o; ljj/0f kq dfkm{t lgisf;g ul/g] OsfO{x? ;fj{hlgs lgisf;g ug{sf] nflu sf]if
k|j4sn] Oqmf g]kfn lnld6]8, afuahf/, sf7df08f}af6 - “ [ICRANP-IR] BBB+ k|fKt u/]sf] 5 . h;n] “Moderate Credit
Risk.” eGg] cfwf/ hgfpb5 .

#=# of]hgf Joj:yfkssf] pb\3f]if0f M

of] ljj/0f k'l:tsfdf sf]if k|a¢{s, sf]if ;'kl/j]Ifs, of]hgf Joj:yfks tyf k|:tfljt of]hgf ;DaGwL hfgsf/Lx? pNn]v ul/Psf] 5 .
o; ljj/0f k'l:tsfdf pNNf]v ul/Psf] ljj/0fx? ;To tYoo'Qm /x]sf] k|lt o; ljj/0f k'l:tsfdf x:tfIf/ ug]{ xfdL ;+rfnsx?
JolQmut jf ;fd"lxs ?kdf hjfkm b]lxtf jxg ub{5f}+ . o; ljj/0f k'l:tsf tof/ ubf{ k|rlnt P]g÷lgodsf] kfngf ul/Psf] 5 .
nufgLstf{x?nfO{ nufgL ;DaGwL ;'–;"lrt lg0f{o lng cfjZos s'g} ljj/0f ;"rgf tyf hfgsf/Lx? n'sfOPsf] 5}g .
#=$ sf]if ;'kl/j]Ifssf] pb\3f]if0f M
o; ljj/0f k'l:tsfdf ;dfj]z ePsf ljifox? xfdLnfO{ of]hgf Joj:yfksaf6 pknAw u/fO{Psf ljj/0fsf] cfwf/df cWoog ubf{
o;df ;dfj]z ul/Psf ljQLo ljj/0f, of]hgf Joj:yfks, sf]if ;'kl/j]Ifs cflb ;DaGwL ljj/0f tyf hfgsf/Lx? ;To tYok/s
/x]sf 5g\ / ;f]lx adf]lhd ljj/0f k'l:tsfsf] :jLs[ltsf nflu k7fpg ;xdlt lbOPsf] 5 . o; k'l:tsfdf pNn]v ul/Psf
ljj/0fx?n] nufgLstf{x?nfO{ of]hgfsf] OsfO{df nufgLsf] nflu ;'–;"lrt eO{ lg0f{odf k'Ug ;xof]u x'g] xfd|f] ljZjf; /x]sf] 5 .
$= of]hgf ;DaGwL ;+lIfKt hfgsf/L M
! s of]hgfsf] gfd Pg cfO{ ;L Plzof 8fO{gflds 8]K6 km08 (NIC ASIA Dynamic Debt
Fund)
v ?= %),)),)),)))÷– -cIf/]kLM krf; s/f]8_
of]hgfsf] cfsf/
k|f/lDes cfsf/ ?=@),)),)),)))÷– -cIf/]kL aL; s/f]8_
u of]hgfsf] k|sf/ v'nfd'vL (Open-ended)
OsfO{sf] vl/b÷laqmL of]hgf Joj:yfksn] k|sflzt u/]sf] v'b OsfO{
3 of]hgfsf] t/ntf
d'Nodf (NAV) x'g] .
nufgL dfWod M
!= lgoldt of]hgf (Regular Plan) M
of] of]hgf cGtu{t OsfO{df nufgL ug]{ nufgLstf{x?n] cfkm\gf] nufgL s'g}
ª of]hgfdf nufgL ug]{ dfWodx? ljt/s dfkm{t lgoldt ?kdfdf nufgL ug{ ;Sg]5g .
@= k|ToIf of]hgf (Direct Plan) M
of] of]hgf cGtu{t OsfO{df nufgL ug{ l;w} sf]if Joj:yfks dfkm{t nufgL
ug{ ;Sg]5g .
lgofldt tyf k|ToIf of]hgf b'j}sf] nflu aflif{s ?kdf nfefFz ljt/0f
r nfefFz ljt/0f ;do ul/g]5 . t/ nfefFz ljt/0f ug{sf] nflu of]hgsf] ljt/0f of]Uo gfkmf
x'g'kg]{ 5 .
of]hgdf ;xefuLx?nfO{ n]vfkl/If0f kZrft aflif{s ?kdf nfefFz ljt/0f
5 nfefFz ljt/0f ldlt
ul/g]5 .
v'nfd'vL of]hgfsf] xsdf Klxnf] r/0fsf] lgisfzg (New Fund
Offering) kZrft nufgLstf{x?n] OsfO{sf] lgoldt ?kdf vl/b÷laqmL
of]hgfdf lgoldt ?kdf vl/b÷k'g{vl/b ug{ ldNg] Joj:yf ldnfOPsf] x'G5 . h;nfO{ Continous offering
h elgG5 .
;DaGwL] Joj:yfx?

4
@ s lgisf;g ug{ nfluPsf] OsfO{ ;+Vof @,)),)),))) -b'O{ s/f]8_ klxnf] r/0fdf .
v k|lt OsfO{ d"No ?=!)÷– -cIf]?kL M bz ?k}+of dfq_
u Go"gtd laqmL x'g'kg]]{ OsfO{ ;+Vof nfu' gx'g] .
3 clwstd ;sfl/g] OsfO{ ;+Vof %,)),)),)))÷– -kfFr s/f]8_
ª of]hgfsf] cjlw nfu' gx'g] .
R of]hgf kl/kSj x'g] ldlt nfu' gx'g] .
5 of]hgf laqmL v'Nnf x'g] ldlt @)&&÷)*÷!@ ut] .
of]hgf laqmL aGb x'g] ldlt -l56f]df_ @)&&÷)*÷!^ ut] -a}+lsË ;do kZrft\_ .
h
of]hgf laqmL aGb x'g] ldlt -l9nf]df_ @)&&÷)*÷@^ ut] -a}+lsË ;do kZrft\_ .
klxnf] lgisf;gsf] ;dodf (New Fund Offering)M
g]kfn lwtf]kq af]8{af6 cg'dlt k|fKt u/L l;–cf:jf (C-ASBA) ;]jfdf
;xefuL ;Dk"0f{ a}+s tyf ljQLo ;+:yfx? / tLgsf zfvf sfof{nox? .
em OsfO{ laqmL s]Gb|x?
lgoldt lgisf;g (Continous Offering) M
of]hgf Joj:yfks tyf of]hgf Joj:yfsn] tf]s]sf] ljt/ssf] dfWodaf6
vl/b laqmL ug{ ;lsg]5 .
;fj{hlgs lgisf;g (New Fund Offering) dfkm{t nufgL ubf{ sDtLdf
` v/Lb ug'{kg]{ Go"gtd OsfO{ ;+Vof !)) OsfO{ / a9Ldf %) nfv OsfO{ ;Dd vl/bsf] nflu lgj]bg lbg
;lsg]5 .
sDtLdf !)) OsfO{ sfod x'Fg] nfu' v'b ;DklQ d'No (NAV) cg';f/ x'g]5 .
6 OsfO{wgLn] laqmL ug'{kg]{ Go"gtd ;+Vof OsfO{ laqmL kZrft sDtLdf !)) OsfO{ df}hbft x'g'kg]{df ;f] gePsf]
cj:yfdf afFsL OsfO{ ;d]t lkmtf{ e'QmfgL ul/g]5 .
7 v/Lb ug{ ;lsg] clwstd OsfO{ ;+Vof %),)),))) -krf; nfv_ OsfO{
OsfO{ laqmLsf nflu cfj]bg lng] sfo{ ;dfKt eP kZrft\ lwtf]kq
8 OsfO{ laqmL tyf afF8kmfF6 ;DaGwL Joj:yf lgisf;g tyf afF8kmfF6 lgb]{lzsf, @)&$ df ePsf] Joj:yf adf]lhd
OsfO{sf] afF8kmfF6 ul/g] 5 .
lwtf]kqsf] bf]>f] ahf/df ;"lrs/0f tyf sf/f]jf/ gx'g] . of]hgf Joj:yfks
;"rLs/0f tyf bf];|f] ahf/df sf/f]jf/sf]
0f tyf sf]if k|a4{s cfkm} jf cGo cflwsf/Ls ;+:yfx?nfO{ ljt/s tf]sL
Joj:yf
OsfO{sf] vl/b laqmL x'g] Joj:yf ldnfOg]5 .
of]hgfn] sdfPsf] v'b d'gfkmfsf] cg'kftdf OsfO{sf] c+lst d"Nosf]
-s_ cfwf/df d'gfkmf ljt/0f ul/g]5 . v'b d'gfkmfaf6 ljtl/t d'gfkmf s§fu/L
of]hgfsf] d'gfkmf ljt/0fsf] nIo
afFsL /x]sf] /sd ;+lrt d'gfkmf (Retained Earning) k'gM nufgLsf
nflu pkof]u ul/g]5 .
of]hgf Joj:yfks Pg cfO{ ;L Plzof Soflk6n lnld6]8, aa/dxn,
-v_ OsfO{sf] laqmL tyf kg'v{l/b :yfg
sf7df08f} tyf tf]lsPsf ljt/0f s]Gb|x? .
of]hgf Joj:yfks dfkm{t M
ljxfg !) jh] b]lv lbp;f] # ah] ;Dd jf ;do ;dodf tf]s adf]lhd
x'g]5 .
-u_ sf/f]jf/ ;do ljt/s dfkm{t M
ljt/s lgo'QmL ubf{ x'g] ;Demf}tfdf pNn]v eP adf]lhd jf ;do ;dodf
#
ljt/sn] tf]s adf]lhd x'g]5 .
nfu' x'g] v'b ;DklQ d'Nosf] cfwf/df lgDg adf]lhd M
ljqmL u/]sf] ^ dlxgf ;Dddf !=% k|ltzt
ljqmL u/]sf] ^ b]lv !@ dlxgf ;Dddf !=@% k|ltzt
ljqmL u/]sf] !@ b]lv !* dlxgf ;Dddf !=)) k|ltzt
ljqmL u/]sf] !* b]lv @$ dlxgf ;Dddf )=&% k|ltzt
of]hgfsf OsfO{x?sf] k'g{vl/b ubf{ nfUg] z'Ns tTkZrft s'g} z'Ns gnfUg] .
-3_ of] z'Ns k'g{vl/b d'Nodf s§f ul/ afFsL /sd k|bfg ul/g]5 .
;fd"lxs nufgL sf]if lgb]{lzsf, @)^( df ePsf] Joj:yf cg';f/ ljt/s
dfkm{t OsfO{sf] vl/b ug{ ;lsg] x'Fbf ljt/snfO{ e'QmfgL ug'{kg{] sf/f]af/
z'Ns ljt/s ;Fusf] ;Demf}tfdf pNn]v ePadf]lhd x'g]5 .
OsfO{ vl/b stf{x?sf] xsdf pQm /sd a/fa/sf] OsfO{x? ;DalGwt
OsfO{wgLsf] lxtu|fxL vftfdf k7fOg]5 .
lgodfjnL Pj+ lgb]{lzsfsf] clwgdf /xL g]kfnL gful/s, u}/cfjf;Lo
$ OsfO{ v/Lb ug{ ;Sg] JolQm tyf ;+:yfx? g]kfnLsf] k|df0fkq -kl/ro kq_ hf/L ePsf JolQm, k|rlnt sfg"g adf]lhd
btf{ ePsf g]kfnL kmd{, ;+3 ;+:yf, a}+s tyf ljQLo ;+:yf, aLdf sDkgL,
5
 s'g} klg ju{ jf ;d"xn] v8f u/]sf] sf]ifx? h:t} ;~ro sf]if, sNof0fsf/L
sf]if, u'7L, cIfo sf]if cflbn] o; ljj/0f k'l:tsf cg';f/ hf/L ul/g] OsfO{
vl/b ug{ cfj]bg lbg ;Sg]5g .
Pg cfO{ ;L Plzof Soflk6n lnld6]8, kmf]=g+= )!–%&)%(($ t];|f] tNnf,
l;¢fy{ OG:of]/]G; ejg, aa/dxn, sf7df08f} .
of]hgf Joj:yfkssf] gfd tyf 7]ufgf, :yflkt sDkgL P]g, @)^# tyf lwtf]kq ;DaGwL P]g, @)^# adf]lhd :yfkgf ePsf]
% P]g, btf{ ldlt, g]kfn lwtf]kq af]8{af6 of]hgf sDkgL /lhi6«f/sf] sfof{nodf btf{ ldltM @)&#÷)@÷)@, btf{ g+=
Joj:yfkssf] cg'dlt k|fKt ldlt !$(#!@÷)&@÷)&# g]kfn lwtf]kq af]8{af6 cg'dlt k|fKt ldltM
@)&#÷!!÷)* g]kfn lwtf]kq af]8{af6 of]hgf Joj:yfkssf] cg'dlt k|fKt
ldlt @)&$÷)#÷!*
of]hgf Joj:yfkssf] n]vfk/LIfssf] gfd tyf
^ b]j P;f]l;o6\; rf6{8 Psfp06]06;\, nlntk'/ .
7]ufgf
P; l8 P08 Pzf]l;P6\;, rf6{8 PsfpG6]06;\, l;=P= ;+lhj 9sfn,
& of]hgfsf] n]vfk/LIfssf] gfd tyf 7]ufgf
sf7df08f}n + fO{ n]vfk/LIfs lgo"Qm ul/Psf] 5 .
!= >L cflzif clwsf/L, sf=d=g=kf=j8f g+= )!, gS;fn, sf7df08f} .
@= >L af]w /fh lg/f}nf, sf=d=g=kf= j8f g+=$, c?0ffnfdf 6f]n, sf7df08f}
* sf]if ;'kl/j]Ifssf] gfd tyf 7]ufgf #= >L lzj/fh l3ld/], sf=d=g=kf=j8f g+= !$, sn+sL .
$= >L ;Gtf]if nfld5fg], sf=d=g=kf= j8f g+= @%, ag:ynL, sf7df08f}+ .
%= >L dx]Gb| gfy sdf{rfo{, j8f g+= @(, cgfdgu/, sf7df08f} .
of]hgf Joj:yfks /]l6Ë ug]{ M >L Oqmf g]kfn lnld6]8, sf7df8f}+ .
of]hgf Joj:yfkssf] /]l6Ë M “[ICRANP] AMC Quality 3 (AMC 3)”
(Reaffirmed) h;n] Adequate Assurance on Management Quality
/]l6Ë sDkgL tyf of]hgf Joj:yfks / of]hgf eGg] cfwf/ hgfpb5 .
( of]hgf k|a4{ssf] /]l6Ë ug]{ M O{qmf g]kfn lnld6]8, l8NnLahf/, sf7df08f} .
k|a4{ssf] /]l6Ë ;+s]t
sf]if k|a¢{ssf] /]l6Ë M ICRA Nepal - “ [ICRANP-IR] BBB+” Issuer with
this rating are considered to offer moderate degree of safety regarding
timely servicing of financial obligations. h;n] “Moderate Credit
Risk.” eGg] cfwf/ hgfpb5 .
!= af]8{df btf{ ePsf] lwtf]kq .
@= ;fj{hlgs lgisf;g ePsf] lwtf]kq .
#= lwtf]kq lalgdo ahf/df ;"rLs[t ;+ul7t ;+:yfx?sf] lwtf]kq .
$= g]kfn ;/sf/n] hf/L u/]sf] jf g]kfn ;/sf/sf] hdfgt jf k'0f{ ;'/lIft
x'g] u/L ;/sf/L :jfldTj jf lgoGq0fdf /x]sf] s'g} ;+:yf jf g]kfn /fi6«
a+s} n] hf/L u/]sf] C0fkq, 6]«h/L ljn tyf d'b|f ahf/sf cGo ;fwgx? .
%= a+}s tyf ljQLo ;+:yfdf lgIf]k .
!) nufgLsf If]qx? ^= d'b|f ahf/ pks/0f .
&= af]8{n] tf]lslbPsf] cGo If]q .
dfly pNn]lvt If]qdf nufgL ubf{ lgodfjnLsf] Joj:yfnfO{ dWo]gh/ u/L
/fd|f] k|ltkmn b]lvPdf s'g} Ps If]qsf] nufgLnfO{ cGo If]qdf ;fg{ ;lsg]5
. t/ntf k|bfg ug]{ p2]Zon] Joj:yf ul/Psf] jf nufgL e}g;s]sf]
cj:yfdf /x]sf] /sdnfO{ nufgLstf{sf] lxt tyf hf]lvd cj:yfnfO{
dWo]gh/ u/L slDtdf /fli6«o:t/sf a}+s tyf ljQLo ;+:yfdf ;s];Dd a9L
Jofh cfpg] u/L /fVg] Joj:yf ul/g]5 .
of]hgfsf] btf{ tyf x:tfGt/0f ug{ lgo'Qm
!! Pg cfO{ ;L Plzof Soflk6n lnld6]8, aa/dxn, sf7df08f}+ .
l8kf]lh6/Lsf] gfd / 7]ufgf
lgb]{lzsfn] Joj:yf u/] adf]lhd v'b ;DklQ d"No u0fgf ul/g] / ;f] ljj/0f
v'b ;DklQ d"No u0fgf tyf ;f]sf] k|sfzg lgodfjnLn] Joj:yf u/] adf]lhd ;fa{hlgs ul/g]5 . ;f] ;DaGwL lj:t[t
!@
;DaGwL Joj:yf ljj/0f o; ljj/0f k'l:tsfsf] a'+bf *=!) -s_ / -v_ df pNn]v ul/Psf] 5
.

6
% sf]if k|a4{s ;DaGwL hfgsf/L M
%=! sf]if k|a4{ssf] gfd M
Pg cfO{ ;L Plzof a}+s lnld6]8 .

%=@ of]hgf Joj:yfks sDkgLdf z]o/ :jfldTjsf] k|ltzt M

of]hgf Joj:yfks sDkgLdf sf]if k|a4{s Pg cfO{ ;L Plzof a}+s lnld6]8sf] k"0f{ :jfldTj /x]sf] 5 .

%=# sf]if k|a4{s :yflkt ePsf] P]g÷lgod ;DaGwL ljj/0f M

k|rlnt sDkgL P]g cGtu{t ;+:yflkt / ;~rflnt Pj+ a+}s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# cg';f/ sf/f]jf/ ug{ Ohfht
k|fKt “sÆ au{sf] ljQLo ;+:yf .
%=$ sf]if k|a4{ssf] ;+lIfKt Oltxf; M
Pg cfO{ ;L Plzof a}+s lnld6]8 k|rlnt sDkgL sfg"g adf]lhd ldlt @)%$÷)@÷!& df g]kfn ;/sf/ sDkgL /lhi6«f/sf]
sfof{nodf klAns lnld6]8 sDkgLsf] ?kdf btf{ eO{ ldlt @)^#÷)(÷!* ut] b]lv cfˆgf] ljQLo sf/f]jf/ ub{} cfPsf] 5 . ;fljs
Pg cfO{ ;L a}+s lnld6]8 tyf ;fljs a}+s ckm Plzof g]kfn lnld6]8 ;+usf] dh{/ kZrft ldlt @)&)÷)#÷!^ ut] b]lv g]kfn
/fi6« a}+saf6 Plss[t ?kdf ljQLo sf/f]jf/ ug{ :jLs[lt k|fKt u/L a}+lsË sf/f]jf/ ub} cfO/x]sf] 5 . o; a}+sdf %!Ü z]o/
:jfldTj ;+:yfks z]o/wgLx?sf] / $(Ü z]o/ :jfldTj ;j{;fwf/0f z]o/wgLx?sf] /x]sf] 5 . Pg cfO{ ;L Plzof a}+s lnld6]8sf]
q]ml86 /]l6Ë lgodfjnL, @)^* adf]lhd g]kfnsf] nflu l:js[lt k|fKt qm]l86 /]l6Ë Ph]G;L O{qmf g]kfn lnld6]8af6 qm]l86 /]l6Ë eO{
“ [ICRANP-IR] BBB+” /]l6Ë k|fKt u/]sf] 5 . h;n] “Moderate Credit Risk.” eGg] cfwf/ hgfpb5 .

%=% sf]if k|a4{ssf k|d'v p2]Zox? M

sDkgLsf] k|aGwkq cg';f/ sDkgLsf d'Vo p2]Zox? b]xfo adf]lhd /x]sf 5g\ M
-s_ a+}ssf lgIf]kstf{ tyf z]o/wgLsf] xs lxtsf] ;+/If0f / ;Da4{g ub{} ;j{;fwf/0fnfO{ u'0f:t/Lo tyf e/kbf]{ ljQLo ;]jf
pknAw u/fpg] .
-v_ s[lif, pBf]u, ;]jf, Jofkf/ tyf cGo Jofj;flos ?kn] ;DefJo b]lvPsf pTkfbgzLn Joj;fosf] :yfkgf, ljsf;, lj:tf/ /
Ifdtf Pj+ pTkfbsTj a[l4sf nflu cfjZos ljQLo ;fwg cfGtl/s tyf afXo ;|f]taf6 h'6fO{ b]zsf] cf}Bf]lus, Jofkfl/s Pj+
s[lif If]qsf] ljsf;df ultzLntf Nofpg ;xof]u k'¥ofpg] .
-u_ pknAw zLk, >d tyf k"FhLnfO{ plrt kl/rfng u/L u|fdL0f tyf zx/L If]qdf pTkfbg Pj+ /f]huf/Ld"ns Joj;fosf] :yfkgf,
;~rfng, ljsf;, lj:tf/ Pj+ k|j4{g ug{] / ;f] sfo{sf] nflu cfjZos ljQLo ;fwg, k|fljlws tyf Joj:yfksLo k/fdz{
;]jf, tflnd tyf k|ljlw pknAw u/fO{ ul/aL lgjf/0fsf nflu ;lqmo ?kdf ;+nUg eO{ ;xof]u k'¥ofpg] .
-3_ d'n'sdf 5l/P/ /x]sf] kF"hLnfO{ PsLs[t u/L ;+:yfut nufgL tyf :j:y k|lt:kwf{sf] dfWodaf6 ljQLo dWo:ytfsf] ;]jf
pknAw u/fpg] .

%=^ sf]if k|a4{ssf] ljut tLg jif{sf] n]vfk/LIf0f ePsf] jf;nft, gfkmf gf]S;fg lx;fa tyf gub k|jfx ljj/0f, -;xfos
sDkgL eP ;dli6s[t ?kdf_, tyf ljut tLg jif{sf] k|lt z]o/ cfDbfgL / k|lt z]o/ g]6jy{ ;DaGwL ljj/0f M
Pg cfO{ ;L Plzof a}+s lnld6]8sf] ljut tLg jif{sf] n]vfk/LIf0f ePsf] ;dli6s[t jf;nft, gfkmf gf]S;fg lx;fa, gfkmf gf]S;fg
afF8kmfF6 lx;fa tyf gub k|jfx ljj/0f tyf ljut tLgjif{sf] k|lt z]o/ cfDbfgL -EPS_ / k|lt z]o/ g]6jy{ ;DaGwL ljj/0f
b]xfo adf]lhd /x]sf] 5 M
jf;nft -;dli6s[t ljj/0f ;lxt_ -?= bz nfvdf_
cf=a= @)&$÷)&% cf=a= @)&%÷)&^ cf=a= @)&^÷)&&
kF"hL tyf bfloTj
;dli6s[t a}+s ;dli6s[t a}+s ;dli6s[t a}+s
;DklQ
gub / gub ;dfg 8,174 8,132 20,485 20,215 12,661 12,295
g]kfn /fi6« a}+sdf /x]sf] df}Hbft tyf lng'kg]{ 15,861 15,861 16,098 16,098 18,721 18,721
a}+s tyf ljQLo ;+:yfdf df}Hbft 314 314 384 384 - -
Jo'TkGg ljQLo pks/0f 1,266 1,266 7,006 7,006 5,636 5,636
cGo Aofkfl/s ;DklQ - - 176 7 178 9
a}+s tyf ljQLo ;+:yfnfO{ shf{ 4,008 4,658 5,423 6,923 11,071 12,708
shf{ tyf ;fk6L 116,625 115,805 147,050 142,574 167,144 160,184
lwtf]kqdf nufgL 14,305 14,133 18,321 18,153 29,492 29,317
7
 cf=a= @)&$÷)&% cf=a= @)&%÷)&^ cf=a= @)&^÷)&&
kF"hL tyf bfloTj
;dli6s[t a}+s ;dli6s[t a}+s ;dli6s[t a}+s
o; cf=j=sf] s/ ;DklQ - - - - 3,615 3,628
;xfos sDkgLdf nufgL - 270 - 1,205 - 1,265
;Da4 sDkgLdf nufgL - - - - - -
nufgL ;DklQ 74 74 276 276 496 496
;DklQ tyf pks/0f 1,784 1,759 2,620 2,584 3,272 3,224
;fv / cd"t{ ;DklQ 53 50 113 110 116 113
:yug s/ ;DklQ - - - - - -
cGo ;DklQ 8,629 8,621 2,178 2,162 3,059 2,994
s'n ;DklQ 171,093 170,943 220,131 217,697 255,463 250,590
bfloTj
a}+s tyf ljQLo ;+:yfsf] lgIf]k tyf ;fk6L 11,729 11,630 10,237 8,536 13,476 9,272
g]kfn /fi6« a}+snfO{ aSof}tf 742 742 315 315 - -
Jo'TkGg ljQLo pks/0f 1,722 1,722 6,913 6,913 5,601 5,601
u|fxssf] lgIf]k 139,579 139,590 177,375 176,821 201,300 201,630
;fk6L - - - - - -
s/ bfloTj 25 25 243 243 - -
Joj:yf - - - - - -
:yug s/ bfloTj 3 3 175 178 295 298
cGo bfloTj 2,125 2,074 2,100 2,046 7,062 6,891
hf/L ul/Psf] C0fkq 3,488 3,488 7,710 7,710 9,656 9,656
;'/If0f g/fv]sf] ;xfos cfjlws C0f - - - - - -
s'n bfloTj 159,412 159,273 205,067 202,761 237,390 233,348
OlSJ6L
z]o/ k"FhL 8,031 8,031 8,834 8,834 9,718 9,718
z]o/ lk|ldod - - - - - -
;l~rt d'gfkmf 954 944 2,216 2,113 2,157 1,976
sf]ifx? 2,696 2,696 4,013 3,989 5,623 5,549
OlSJ6L wf/snfO{ aFf8kmFf8 of]Uo s'n OlSJ6L 11,681 11,670 15,063 14,936 17,498 17,242
u}x| lgolGqt :jfy{ - - - - 575 0
s'n OlSJ6L 11,681 11,670 15,063 14,936 18,073 17,242
s'n bfloTj / OlSJ6L 171,093 170,943 220,131 217,697 255,463 250,590
k|lt z]o/ v'b ;DkQL 145.44 145.3 170.51 169.1 185.98 177.43

Gffkmf–gf]S;fg lx;fj ljj/0f -;dli6s[t ljj/0f ;lxt_ -?=bz nfvdf_

cf=a= @)&$÷)&% cf=a= @)&%÷)&^ cf=a= @)&^÷)&&
ljj/0f
;dli6s[t a}+s ;dli6s[t a}+s ;dli6s[t a}+s
Jofh cfDbfgL 13,556 13,546 19,820 19,346 21,524 20,723
Jofh vr{ 9,322 9,336 12,525 12,386 13,399 13,118
vÚb Jofh cfDbfgL 4,234 4,210 7,295 6,960 8,126 7,605
z"Ns tyf sldzg cfDbfgL 1,015 966 2,266 2,249 2,813 2,643
z"Ns tyf sldzg vr{ 109 96 136 128 206 160
v"b z"Ns tyf sldzg cfDbfgL 906 870 2,130 2,121 2,607 2,483
8
 cf=a= @)&$÷)&% cf=a= @)&%÷)&^ cf=a= @)&^÷)&&
ljj/0f
;dli6s[t a}+s ;dli6s[t a}+s ;dli6s[t a}+s
v"b Jofh, z"Ns / sldzg cfDbfgL 5,140 5,079 9,425 9,081 10,732 10,088
vÚb Jofkf/af^ cfDbfgL 195 195 350 349 340 340
cGo ;~rfng cfDbfgL 84 84 76 76 262 256
s"n ;~rfng cfDbfgL 5,419 5,358 9,851 9,506 11,334 10,683
shf{sf] Iflt k|ef/ ÷ (ljko{o) tyf cGo
313 305 622 599 1,165 1,114
xfgL
v"b ;~rfng cfDbfgL 5,106 5,053 9,229 8,907 10,169 9,570
;~rfng vr{ - - - - - -
sd{rf/L vr{ 1,805 1,782 2,566 2,477 3,073 2,910
cGo ;~rfng vr{ 1,248 1,237 1,751 1,713 2,036 1,972
x|f; s§L tyf kl/zf]wg 119 116 213 204 267 253
;~rfng cfDbfgL 1,934 1,918 4,699 4,514 4,792 4,435
u}/ ;+rfng cfDbfgL 3 3 31 31 20 20
u}/ ;+rfng gf]S;fg 110 110 104 104 57 57
cfo s/ k'a{sf] gfkmf 1,826 1,811 4,626 4,441 4,754 4,397
cfo s/ vr{ - - - - - -
o; jif{sf] s/ Joj:yf 531 525 1,426 1,369 1,375 1,268
:yug s/ -49 -50 46 49 31 30
vÚb gfkmf 1,345 1,335 3,155 3,023 3,349 3,099
gfkmf afF8kmfF6 - - - - - -
OlSJ6L wf/s 1,345 1,335 3,155 3,023 3,282 3,099
u}/ lgolGqt :jfy{ - - 66 0
vÚb gfkmf 1,345 1,335 3,155 3,023 3,349 3,099
k|lt z]o/ cfDbfgL M
cfwf/et k|lt z]o/ cfDbfgL 16.75 16.62 37.41 34.22 34.46 31.89
*fOlnp^]* k|lt z]o/ cfDbfgL 16.75 16.62 37.41 34.22 34.46 31.89
kl/:s[t k|lt z]o/ cfDbfgL 16.75 16.62 37.41 34.22 34.46 31.89

gub k|jfx ljj/0f -?= bz nfvdf_

cf=a cf=a= c;f/ d;fGt @)&&
ljj/0f @)&$÷)&% @)&%÷)&^ @)&^÷)&&
;dli6s[t a}+s ;dli6s[t a}+s ;dli6s[t a}+s
sf/f]jf/ ;~rfngaf^ gub k|jfx
Jofh cfDbfgL 12,644 12,599 18,417 18,526 19,820 19,075
sldzg tyf l*isfpG^ cfDbfgL 982 966 2,266 2,249 2,813 2,643
nfef+z cfDbfgL - - - - - -
cGo ;~rfng cfDbfgL 252 228 393 392 577 571
Jofh vr{ -9,607 -9,598 -11,706 -11,683 (12,471) (12,191)
sldzg tyf l*isfpG^ vr{ -107 -96 -136 -128 (206) (160)
sd{rf/L vr{ - - -2,534 -2,449 (2,896) (2,737)
cGo vr{ -2,927 -2,904 -1,932 -1,992 (2,094) (1,972)
sfo{ut k"FhL ultljlw cl3sf] gub k|jfx 1,236 1,195 4,767 4,915 5,543 5,229

;~rfng ;DaGwL rfn" ;DklQdf sdL÷-j[l¢_ -58,972 -58,669 -27134 -24130 (29,443) (27,053)
g]kfn /fi^« a}+sdf /x]sf] df}Hbft -5,599 -5540 -237 -237 (2,618) (2,618)

9
 cf=a cf=a= c;f/ d;fGt @)&&
ljj/0f @)&$÷)&% @)&%÷)&^ @)&^÷)&&
;dli6s[t a}+s ;dli6s[t a}+s ;dli6s[t a}+s
a}+s÷ljQLo ;+:yfdf /x]sf] df}Hbft 1,077 1,179 -70 -70 384 384
cGo Aofkfl/s ;DklQ - - -166 2 (2) (2)
a}+s÷ljQLo ;+:yfdf shf{ ;fk^L - - -1415 -2,265 (5,648) (5,785)
shf{ ;fk6 -49,647 -48388 -31,046 -27,368 (20,787) (18,309)
cGo ;DklQ -4,804 -5920 5,801 5,809 (772) (723)

;~rfng ;DaGwL rfn bfloTjdf -sdL_÷j[l¢ 64,163 64,030 35,905 33,838 29,088 27,043
a}+s÷ljQLo ;+:yfdf eÚQmfgL lbgÚkg]{ 3,857 3,857 -1,492 -3,094 (2,153) (4,656)
g]kfn /fi^« a}+sdf eÚQmfgL lbgÚkg]{ 742 742 -428 -428 (315) (315)
lgIf]k bfloTj 59,420 59,684 37,796 37,231 29,317 30,202
C)f ;fk^L 750 - - - - -
cGo bfloTj -606 -253 28 129 2,239 1,812
cfos/ cl#sf] vÚb sf/f]jf/ ;~rfngaf^
6,427 6,556 13,538 14,623 5,188 5,219
gub k|jfx
cfos/ eÚQmfgL -465 -491 -1,208 -1,151 (2,185) (1,798)
sf/f]jf/ ;~rfngaf^ vÚb gub k|jfx 5,962 6,065 12,331 13,472 3,003 3,421
nufgL sf/f]jf/df gub k|jfx
nufgL v/Lb -3,741 -4,199 -3,610 -4,549 (11,002) (11,054)
nufgL laqmL af^ gub k|jfx - - - - - -
;DklQ v/Lb -945 -639_ -1045 -1,025 (891) (912)

;DklQ laqmL af^ gub k|jfx 129 129 141 141 2 2

अमूर्त ;DklQ v/Lb -28 -28_ -85 -84 (33) (32)

अमूर्त ;DklQ laqmL af^ gub k|jfx - - - - - -

nufgL v/Lb - - -196 -196 (220) (220)

nufgL ;DklQ laqmL af^ gub k|jfx 40 40 - - - -

Jofh cfDbfgL 535 535 1,403 819 878 823

nfef+z cfDbfgL 9 11 31 31 45 44

nufgL sf/f]jf/df vÚb gub k|jfx -4,001 -4151 -3362 -4,864 (11,220) (11,349)

ljQLo >f]t sf/f]jf/af^ gub k|jfx

C0fkq lgisfzgaf6 k|fKt 2,990 3,005 4,222 4,222 1,944 1,944
C0fkqsf] e'QmfgL - - - - - -

;'/If0f g/fv]sf] ;xfos cfjlws C0faf6 k|fKt - - - - - -

;'/If0f g/fv]sf] ;xfos cfjlws C0f e'QmfgL - - - - - -

z]o/ lg:sf;gaf6 k|fKt - - - - 476 -

nfef+z eÚQmfgL -72 -72 -60 -45 (998) (907)

Jofh vr{ -194 -194 -819 -703 (1,029) (1,028)
cGo eÚQmfgL / cfDbfgL - - - - - -
ljQLo >f]t sf/f]jf/af^ vÚb gub k|jfx 2,724 2,739 3,343 3,474 393 8
o; jif{ ;Dk')f{ ultljlwaf^ gub k|jfx 4,684 4,653 12,312 12,082 (7,824) (7,920)
gub tyf a}+sdf /x]sf] zÚ? Dff}Hbft 3,490 3,480 8,174 8,132 20,485 20,215
gub tyf a}+s df}Hbftsf] ljlgdo b/df
- - - - - -
ePsf] km/saf^ cfDbfgL÷vr{
gub tyf a}+sdf /x]sf] clGtd Dff}Hbft 8,174 8,132 20,485 20,214 12,661 12,295

10
 ljut tLg jif{sf] k|lt z]o/ cfDbfgL (EPS) M -?=df_
cf=a cf=a= cf=a=
ljj/0f @)&$÷)&% @)&%÷)&^ @)&^÷)&&
;dli6s[t a}+s ;dli6s[t a}+s ;dli6s[t a}+s
k|lt z]o/ cfDbfgL -EPS_ 16.75 16.62 37.41 34.22 34.46 31.89

ljut tLg jif{sf] k|lt z]o/ g]6jy{ ;DaGwL ljj/0f b]xfo adf]lhd /x]sf] 5 .
cf=a cf=a= cf=a=
ljj/0f @)&$÷)&% @)&%÷)&^ @)&^÷)&&
;dli6s[t a}+s ;dli6s[t a}+s ;dli6s[t a}+s
r'Qmf k"FhL 8,031 8,031 8,834 8,834 9,718 9,718

hu]8f tyf sf]ifx? 3,650 3,639 6,229 6,102 7,780 7,525

hDdf g]6jy{ -?_ 11,681 11,670 15,063 14,936 17,498 17,242

z]o/ ;+Vof -xhf/df_ 80,311 80,311 88,342 88,343 97,177 97,177

k|lt z]o/ g]6jy{ -?=_ 145.44 145.31 170.51 169.07 185.53 177.36

g]6jy{df cf}ift k|ltkmn -Ü_ 11.51 12.09 20.95 22.73 20.21 19.26

k|lt z]o/ r'Qmf k"FhL -?=_ 100 100 100 100 100 100

^=! of]hgf Joj:yfkssf] kl/ro M

-s_ of]hgf Joj:yfkssf] gfd M
>L] Pg cfO{ ;L Plzof Soflk6n lnld6]8 .
-v_ of]hgf Joj:yfks :yflkt ePsf] P]g÷lgod ;DaGwL ljj/0f M
of]hgf Joj:yfks sDkgL >L Pg cfO{ ;L Plzof Soflk6n lnld6]8 sDkgL P]g, @)^# cGt{ut :yfkgf eO{ lwtf]kq ;DaGwL P]g,
@)^# cGtu{t lwtf]kq Joj;foL dr]{G6 a}+s/sf] ?kdf sfo{ ug{ cg'dlt k|fKt ;+:yf xf] .
-u_ of]hgf Joj:yfkssf] /lhi68{ tyf sf/f]jf/ 7]ufgf M
/lhi68{ 7]ufgf M sf7df08f} lhNnf, sf7df08f} dxfgu/kflnsf, j8f g+M !!, yfkfynL, sf7df08f} .
sf/f]jf/ 7]ufgf M sf7df08f} lhNnf, sf7df08f} dxfgu/kflnsf, j8f g+M !!, l;4fy{ ejg, t]>f] tNnf, aa/dxn, sf7df08f} .
-3_ of]hgf Joj:yfkssf] :yfkgfsfn b]lv xfn;Ddsf] ;+lIfKt Oltxf; M
Pg cfO{ ;L Plzof Soflk6n lnld6]8 sDkgL P]g, @)^# cGtu{t ldlt @)&#÷)@÷)@ df g]kfn ;/sf/, pBf]u dGqfno, sDkgL
/lhi6«f/sf] sfof{nodf btf{ -btf{ g+= !$(#!@÷)&@÷)&#_ ePsf] xf] . sDkgLn] lwtf]kq ;DaGwL P]g, @)^# cGtu{t lwtf]kq
Joj;foL dr]{G6 a+}s/sf] ?kdf sfo{ ug{ g]kfn lwtf]kq af]8{jf6 ldlt @)&#÷!!÷)* df cg'dlt kq k|fKt u/L ;f]lx ldltaf6
dr]{G6 a}+lsË ;]jf k|bfg ub}{ cfO/x]sf] 5 . sDkgLn] cfkm\gf] :yfkgf jif{df z]o/ /lhi6«f/ ;]jf, nufgL Joj:yfkg ;]jfsf] ?kdf
sfo{ u/]sf]df xfn sDkgLn] ;f]sf] cnfjf cfkm'n] k|bfg ug]{ ;]jfnfO{ ljljlws/0f ub}{ lwtf]kq lgisf;g tyf laqmL k|aGws, lgIf]k
;b:o, z]o/ k|Tofe"tL, nufgL Joj:yfkg tyf ;+:yfut k/fdz{ ;]jf ;d]t k|bfg ub}{ cfPsf] 5 . o; sDkgLn] ldlt
@)&$÷)#÷!* df g} g]kfn lwtf]kq af]8{af6 of]hgf Joj:yfks tyf l8kf]lh6/Lsf] sfo{ ug]{ cg'dlt k|fKt u/L Pg cfO ;L
Plzof Do'r'cn km08 cGtu{tsf] b'O{j6f aGbd'vL of]hgfx? Pg cfO{ ;L Plzof u|f]y km08 tyf Pg cfO{ ;L Plzof Aofn]G;8\
km08sf] of]hgf Aoj:yfks÷l8kf]lh6/Lsf] ¿kdf ;d]t sfo{ ul//x]sf] 5 .
-ª_ of]hgf Joj:yfkssf k|d'v p2]Zox? M
k|aGwkqdf pNn]v eP adf]lhd of]hgf Joj:yfkssf k|d'v p2]Zox? b]xfo adf]lhd /x]sf 5g\ M
!= ;+ul7t ;+:yfsf] lwtf]kq lgisf;gsf nflu ljj/0f kq, laqmL ;DaGwL k|:tfj tyf cGo ljj/0f tof/ ug]{ nufot lwtf]kqsf]
lgisf;g tyf laqmL k|aGw ;DaGwL cfjZos ;a} sfo{x? ug{] .
@= ;+ul7t ;+:yfsf] tkm{af6 lwtf]kq wgLx?sf] clen]v /fVg] tyf lwtf]kq wgLx?sf] gfd;f/L nufotsf z]o/ /lhi6«z] g ;DaGwL
cGo ;]jf k|bfg ug{] .
#= nufgL Joj:yfkg ;DaGwL sfo{ ug{] .
$= nufgL ;DaGwL k/fdz{ ;]jf k|bfg ug{] .
%= ;+ul7t ;+:yf;+u ;Demf}tf u/L ;+ul7t ;+:yfn] lgisf;g u/]sf] lwtf]kqx? laqmL gePsf] cj:yfdf cfkm'n] v/Lb ug{ k|Tofe"lt
-c08//fOl6Ë_ sf]] sfo{ ug]{] .
^= u|fxs;+u ;Demf}tf u/L u|fxsx?sf] nflu nufgL Joj:yfkg ;DaGwL sfo{ ug{] .
&= ;fd"lxs nufgL sf]if Joj:yfkg ;DaGwL sfo{ ug{] .
*= lwtf]kq btf{ jf lwtf]kqsf] lgIf]k ;b:o ;]jf jf l8kf]lh6/L -s:6f]l8og_ ;]jf ;DaGwL sfo{ ug{] .
(= lwtf]kq sf/f]jf/sf] lx;fa /fkm;fkm ug]{ ;DaGwL sfo{ ug]{ .
11
 !)=lwtf]kq ahf/ lgdf{tfsf] sfd ug]{ .
!!=ljlzi6Ls[t nufgL sf]if, ljQLo Joj:yfkg, k"FhL k'g;+{/rgf, dh{/, PSjLlh;g tyf 6]scf]e/ cflb jf ;f] ;DaGwL ;+:yfut
k/fdz{ ;]jf k|bfg ug{] .

^=@ of]hgf Joj:yfkssf] efjL o.]hgf tyf /0fgLlt M

-s_ Joj;fo÷;]jf a[l4sf nflu of]hgf Joj:yfkssf] efjL of]hgf / To:tf] of]hgfsf] k|flKtsf nflu rflng] ;doa4 /0fgLlt M
sDkgLn] xfn Pg cfO{ ;L Plzof a}+s Do'rcn km08 cGtu{tsf b'O{ j6f aGbd'vL of]hgf Pg cfO{ ;L Plzof u|f]y km08 / Pg
cfO{ ;L Plzof Aofn]G;8\ km08 ;+rfng ul//x]sf] 5 . lwtf]kq tyf d'bf| ahf/sf] cj:yf x]/L oL of]hgfx?sf] cltl/Qm cGo aGb
tyf v'nfd'vL of]hgfx? ;d]t ;~rfngdf Nofpg] of]hgf /x]sf] 5 . ;fy} g]kfn lwtf]kq af]8{sf] cg'dlt lnO{ lwtf]kq ;DaGwL
cGo Joj;fox? lj:tf/ ub}{ hfg] /0fgLlt lnPsf] 5 .
-v_ k|lt:kwf{, ljBdfg cfly{s l:ylt / ;dfg lsl;dsf] pBf]usf] l:yltsf] cfwf/df of]hgf Jo:yfkssf] Joj;fosf] eljio M
g]kfnL k"FhL ahf/df ;fd"lxs nufgL sf]ifsf] cjwf/0ff lj:tf/} ljsf; x'b} uO/x]sf] 5 . lwtf]kq ahf/ lj:tf/sf] qmddf /x]sf]
jt{dfg cj:yfdf sf]if Joj:yfkg Joj;fosf] /fd|f] eljio /x]sf] b]lvG5 . ahf/df ;+:yfut nufgLstf{sf] Go"g ;xefuLtf /x]sf]
jt{dfg cj:yfdf o;n] lwtf]kqsf] ahf/ d"Nodf cfpg ;Sg] c:jefljs ptf/ r9fjnfO{ ;Gt'ngdf Nofpg] tyf ;j{;fwf/0fsf]
nufgLnfO{ plrt tj/n] Joj:yfkg u/L pgLx?nfO{ plrt k|ltkmn k|bfg ug]{ / ;f] af6 lwtf]kq ahf/df ;j{;fwf/0fsf]
;xeflutfdf clea[l4 u/L ;du| lwtf]kqsf] ljsf;df ;3fp k'¥ofpg] b]lvG5 .
o; k|sf/sf] ;]jf k|bfg ug{ :yflkt sDkgLx? ;]jfsf] k|fylds r/0fd} /x]sf 5g\ . o; sDkgLn] cfˆgf] If]qdf k|lt:kwL{ /xg
cfjZos /0fgLlt tof/ u/]sf] 5 . sDkgLn] cfˆgf] nufgLdf /x]sf hf]lvdx? sd u/L eljiodf k"FhLahf/df dxTjk"0f{ :yfg lng]
ljZjf; lnOPsf] 5 . ;fy} o; k|sf/sf] Joj;fodf Joj;flos tyf k|lt:klw{ ;+:yfsf] ?kn] cufl8 a9\g Pg cfO{ ;L Plzof
Soflk6n lnld6]8 ;b}j k|lta4 /x]sf] 5 .

^=# of]hgf Joj:yfkssf] ;+rfns ;ldltsf] ;+/rgf / k|ltlglwTj ;DaGwL Joj:yf M

of]hgf Joj:yfkssf] % ;b:oLo ;+rfns ;ldlt /xg] 5 . sDkgLsf] ;+rfns ;ldltsf] ;+/rgf tyf k|ltlglwTj b]xfo adf]lhd
/x]sf] 5 M
l;=g+= ljj/0f ;+Vof
! sf]if k|a4{s Pg cfO{ ;L Plzof a}+s lnld6]8af6 k|ltlglw # -hgf_
@ :jtGq ;+rfns @ -hgf_
hDdf % -hgf_

^=$ of]hgf Joj:yfkssf] k"h

F L ;+/rgf -clws[t, hf/L tyf r'Qmf k"FhL_ ;DaGwL hfgsf/L M
-s_ clws[t k"FhL M sDkgLsf] clws[t k"FhL ?=@),)),)),)))÷– -cIf/]kL aL; s/f]8 dfq_ /x]sf] 5 . pQm k"FhLnfO{ ?=!))÷–
sf b/n] @),)),))) -aL; nfv_ yfg z]o/df laefhg ul/Psf] 5 .
-v_ hf/L k"FhL M sDkgLsf] hf/L k"FhL ?=@),)),)),)))÷– -cIf/]kL aL; s/f]8 dfq_ /x]sf] 5 . pQm k"FhLnfO{ ?=!))÷– sf
b/n] @),)),))) -aL; nfv_ yfg z]o/df laefhg ul/Psf] 5 .
-u_ r'Qmf kF"hL M sDkgLsf] r'Qmf k"FhL ?=@),)),)),)))÷– -cIf]?kL aL; s/f]8 dfq_ /x]sf] 5 . pQm k"FhLnfO{ ?=!))÷– sf
b/n] @),)),))) -aL; nfv_ yfg z]o/df laefhg ul/Psf] 5 .
^=% of]hgf Joj:yfkssf] ;+:yfks tyf ;~rfns ;DaGwL hfgsf/L M
-s_ ;+:yfks z]o/wgLx?sf] gfd, 7]ufgf, /fli6«otf, z]o/ :jfldTj -r'Qmf k"FhLsf] cfwf/df_, z}lIfs of]Uotf / cg'ej M
Zf]o/
s|= ;+ gfd 7]ufgf /fli6«otf :jfldTj % z}lIfs of]Uotf cg'ej
df
>L Pg cfO{ ;L Plzof a}+s j8f g+ !!, 6«]8 6fj/
! g]kfnL !)) nfu" gx"g] nfu" gx"g]
ln= g]kfn, yfkfynL, sf7df08f}

-v_ ;~rfnsx?sf] gfd, kb, pd]/, 7]ufgf, /fli6«otf, z}lIfs of]Uotf / cg'ej M
l;= k|ltlglwTj
Gffd kb pd]/ /fli6«otf 7]ufgf z}lIfs of]Uotf sfo{ cg'ej
g+
-s_ a}+s ckm Plzof g]kfn ln=df al/i7 clws[t
kbdf /lx @=% jif{sf] sfo{ cg'ej .
l;P, lalaP;, -v_ Pg cfO{ ;L Plzof a}+s lnld6]8df lgDg]
>L ljzfn kf]v/f –
!= cWoIf Pg cfO{ ;L ## g]kfnL Pd P ljefux?df /lx sfo{ ug'{ePsf] .
l;Ub]n !#, sf:sL
Plzof a}+s -Osf]_ – Incharge Finance and accounts
ln= Department (2015-2017)

12
 - Manager Finance Department (2015-
2017)
- Chief Finance Officer (2017-2019)
- Chief Experinace Transformation
Officer (2019 to till Date)
-u_ rf}w/L u|'kdf @))( b]lv @)!) ;Dd ;xfos
k|aGws kbdf /lx sfo{ ;Dkfbg ug'{ePsf] .
-3_ n]vf tyf n]vfk/LIf0f If]qdf ;d]t ljut
nfdf] ;do b]lv cfj4 /xg'' ePsf] .

Pg cfO{ ;L -s_ æsfg"g Joj;foL sfof{noÆ n kmd{df

Plzof a}+s clwjQmfsf] ?kdf @ aif{sf] sfof{g'ej .
ln= -v_ u'8ljn kmfO{gfG; ln=df sfg"g k|lzIffyL{ tyf
;fdfv';L ;xfos sfg"g clws[tsf] ?kdf ^ aif{sf]
>L lbg]z ;+rfn
@= $% g]kfnL @^, Pn Pn Pd sfof{g'ej .
ef/L s
sf7df08f}+ -u_ hg/n kmfO{gfG; lnld6]8df sDkgL ;lrjsf]
?kdf @ aif{sf] sfof{g'ej .
;fy}, a}+s ckm Plzof g]kfn ln= tyf Pg cfO{ ;L
Plzof a}+s ln=df sDkgL ;lrj tyf sfg"g
ljefu k|d'vsf] ?kdf !@ aif{sf] sfof{g'ej .
Pg cfO{ ;L ljleGg If]qdf !) jif{ eGbf a9Lsf] sfo{cg'ej .
Plzof a}+s 1.Busines Head- National Structure &
ln= Engineerig Pvt. Ltd. (June 2011 - 2020)
2.Director:
B.S.
-Arya Foam Industries Pvt.Ltd. (Dec.
(Informato
>L lglzt ;+rfn sf=d=g=kf= 2011-till date)
#= #) g]kfnL n and
ldQn s j8f g+= @% -Bulding Solutions Trading (Jan 2018- till
technology
date)
)
-R.V. Investment Pvt. Ltd. (Jan 2020 - till
date)
-Generico Pharmacy Pvt. Ltd (March
2020 to till date)
sf7df08f}j
>L /lag ;+rfn 8f g+= #!, l;=P=, ljut !@ jif{ b]lv cl8l6ª tyf sG;n6]G6 k]zfdf
$= $) g]kfnL
;fksf]6f s ldngrf]s lalaP; cfa4 .
:jtGq afg]Zj/ .
;+rfns
nlntk'/
>L ;'dg l;=P=, laut !@ jif{ b]lv cl8l6ª tyf sG;n6]G6 k]zfdf
%= ;+rfn #( g]kfnL j8f g+= !),
8+uf]n lalaP; cfa4 .
s s'k08f]n .
gf]6M o; Pg cfO{ ;L Plzof Soflk6n lnld6]8 Pg cfO{ ;L Plzof a}+s lnld6]8sf] k"0f{ :jfldTjdf /x]sf] sDkgL ePsf]n] sDkgL P]g
@)^# sf] bkmf *^ sf] pkbkmf -@_ df ePsf] Joj:yf nfu' gx'g] .
-u_ ;+:yfksx? s'g} sDkgL÷;+:yf ePdf To:tf] sDkgL÷;+:yfsf] gfd tyf 7]ufgf, sDkgLn] ug]{] Joj;fo tyf pQm sDkgL÷;+:yfsf
;~rfnsx?sf] gfd, 7]ufgf, -k|fs[lts JolQm gv'n];Dd_ M
;+:yfks sDkgLsf] sDkgLn] ug]{ ;+rfnsx?sf]
l;=g+=
gfd Joj;fo Gffd kb 7]ufgf
>L t'n;L /fd cu|jfn cWoIf lj/f6gu/=p=d=g=kf= j8f g+ (,df]/Ë .
>L lqnf]s rGb cu|jfn ;+rfns lj/f6gu/=p=d=g=kf= j8f g+ (,df]/Ë .
>L /fd rGb| ;+3O{ ;+rfns sf=d=g=kf j8f g+= #!, sf7df08f} .
>L Pg cfO{ ;L >L lgs'~h cu|jfn ;+rfns lj/f6gu/=p=d=g=kf= j8f g+ (,df]/Ë .
!= a}+lsË Joj;fo
Plzof a}+s lnld6]8 >L /fh]Gb| k|;fb cof{n ;+rfns sf=d=g=kf j8f g+= )@, sf7df08f} .
>L ljgf]b s'df/ Kofs'/]n ;+rfns sf=d=g=kf= j8f g+ !, gS;fn, sf7df08f}+
>L u0f]zdfg >]i7 :jtGq sf=d=g=kf= j8f g+ !^, sf7df08f}+ .
;+rfns

13
-3_ ;+ul7t ;+:yfsf] ;~rfns cGo s'g} sDkgL÷;+:yf;Fu cfj4 eP To:tf] ;~rfns / cfj4 ePsf] sDkgL÷;+:yfsf] gfd
tyf 7]ufgf M
l;
;+rfnssf] Gffd kb cfj4 ePsf] cGo sDkgLsf] gfd tyf 7]ufgf
=g+
!= >L ljzfn l;Ub]n k|dv ' – cg'ej kl/jt{g clws[t Pg cfO{ ;L Plzof a}+s lnld6]8, yfkfynL, sf7df08f} .
@= >L lbg]z ef/L k|d'v – sfg"g Pg cfO{ ;L Plzof a}+s lnld6]8, yfkfynL, sf7df08f} .
#= >L lglzt ldQn – Pg cfO{ ;L Plzof a}+s lnld6]8, yfkfynL, sf7df08f} .
$= >L /lag ;fksf]6f k|f]k|fO{6/ cf/ ;fksf]6f P08 P;f]l;P6\;, sf7df08f} .
%= >L ;'dg 8+uf]n k|fk] f| O{6/ P; 8+uf]n P08 P;f]l;P6\;, sf7df08f} .

-ª_ ;~rfnsx?nfO{ lbOPsf] eQf tyf kfl/>lds ;DaGwL ljj/0f M

;+rfnsn] kfpg] dfl;s kfl/>lds, a}7s eQf, b}lgs tyf e|d0f eQf / cGo ;'ljwf b]xfo adf]lhdx'g]5 .
-!_ ;+rfns ;ldltsf] a}7sdf pkl:yt eP afkt cWoIf tyf ;+rfns ;ldltsf ;b:ox?nfO{ k|lt a}7s eQf afkt
?=%,)))÷– -s/ ;lxt_ k|bfg ul/g]5 . t/ ;ldltdf cfdlGqt AolQm pkl:yt ePdf lghnfO{ ;f] eQf k|bfg ul/g] 5}g .
;fy} pQm a}7s eQf sDkgLsf] jflif{s ;fwf/0f ;efaf6 kfl/t eP cg';f/ yk÷36 x'g ;Sg]5 .
-@_ sDkgLsf] sfdsf] l;nl;nfdf b]zleq jf ljb]z e|d0fdf hFfbf b]xfo adf]lhdsf] b}lgs tyf e|d0f eQf e'QmfgL lbO{g]5 .
-s_ oftfoft, vfgf tyf xf]6n vr{ ;'lawf lan adf]lhd .
-v_ b}lgs eQf M
!= g]kfn tyf ef/t leq g]=?=#,)))÷— k|ltlbg .
@= cGo ljb]z e|d0fsf nflu cd]l/sL 8n/ %) k|ltlbg .

^=^ of]hgf Joj:yfkssf] sd{rf/L ;DaGwL hfgsf/L M

-s_ of]hgf Joj:yfkssf] pRr Joj:yfksLo txsf sd{rf/Lx?sf] gfd, kb, pd]/, z}lIfs of]Uotf, Joj;flos cg'ej;DaGwL ljj/0f M
qm=;+= sd{rf/Lsf] gfd kb pd]/ z}lIfs of]Uotf cg'ej
"Ernst & Young Global, India" sDkgLdf
al/i7 ljQ ljZn]ifssf] ?kdf # jif{ eGbf a9Lsf]
k|d'v sfo{sf/L sfof{g'ej xfl;n ug'{ ePsf] . ljut !) aif{ b]lv
!= >L /d]Gb| /fodfemL #& Pd lj P
clws[t g]kfnL Soflk6n dfs]{6\; tyf a}+lsË If]qdf ljz]if
ul/ OlSJ6L l/;r{, nufgL Joj:yfkg, ljQ, 6]«h/L
tyf dr]{06 a}lsË If]qdf sfo{/t /xb} cfpg' ePsf]
k|d'v nufgL n]vf tyf n]vfkl/If0f, dr]{06 a}+lsË If]qdf !!
@= >L dlgif l3ld/] #@ Pd=lj=P=, Pkml;l;P
clws[t jif{ eGbf a9Lsf] sfo{ cg'ej .
dr]{G6 a}ls+Ë If]qdf ljleGg ljefux?df /lx
#= >L bfdf]b/ /fodfemL k|d'v dr]{G6 a}ls+Ë ## Pd lj P;
!@ jif{ eGbf j9Lsf] sfo{ cg'ej .

-v_ of]hgf Joj:yfkssf] pRr Joj:yfksLo txsf clws[tnfO{ lbPsf] eQf tyf kfl/>lds ;DaGwL ljj/0f M

qm=;+= Gffd Kfb cfly{s jif{ @)&^÷)&& sf] tnj eQmf s}lkmot
-?=_
!= >L /d]Gb /fodfemL k|d'v sfo{sf/L clws[t 33,05,400 >fj0f !, @)&^ b]lv
@= >L dlgif l3ld/] k|d'v nufgL clws[t 16,91,269 cfiff9 d;fGt, @)&&
#= >L bfdf]b/ /fodfemL 9,75,399=73 ;Dd
k|d'v dr]{G6 a}ls+Ë

^=& of]hgf Joj:yfkssf] ;~rfng cjlw tLg jif{ Joltt e};s]sf] eP ljut tLg jif{{sf] / tLg jif{ Joltt e}g;s]sf] eP ;~rfng
cjlw e/sf] n]vfk/LIf0f ePsf] -n]vfk/LIf0f gePsf] eP Joj:yfkgaf6 k|dfl0ft_ jf;nft, gfkmf gf]S;fg lx;fa tyf gub
k|jfxsf] ljj/0f M
Pg cfO{ ;L Plzof Soflk6n lnld6]8sf] ljut tLg aif{sf] n]vfk/LIf0f ePsf] ljQLo ljj/0f b]xfo adf]lhd /x]sf] 5 .
s= jf;nft /sd -?=df_
cf=a= cf=a= cf=a=
ljj/0f
@)&$÷)&% @)&%÷)&^ @)&^÷)&&
;DklQ
14
 u}/ rfn' ;DklQ
k|f]k6L{ KnfG6 / pks/0f 36,74,745 34,91,758 34,56,617
cd"t{ ;DklQ 54,98,748 55,16,195 47,95,094
ljQLo ;DklQ kl/zf]lwt d"Nodf -d'2QL_ 6,00,00,000 7,00,00,000 -

ljQLo ;DklQ OCI dfkm{t Fair Value df - - 1,35,57,000

shf{ tyf ;fk6L 4,89,153 4,51,196 4,05,763
स्थगन कर ;DklQ 2,34,898 5,76,021 9,53,028

hDdf u}/ rfn' ;DklQ 6,98,97,544 8,00,35,170 2,31,67,502

rfn' ;DklQ
gub tyf gub ;dfg 7,21,24,881 2,49,05,666 1,55,83,791
sf/f]jf/af6 k|fKt x'g afFsL 73,96,791 1,51,79,540 4,24,45,808
cu|Ld Joo tyf ;fk6L 4,90,189 19,61,410 23,19,073
shf{ tyf ;fk6L 36,918 25,148 16,524
ljQLo ;DklQ kl/zf]lwt d"Nodf -d'2QL_ 11,20,00,000 9,76,00,000 26,01,75,538

ljQLo ;DklQ gfkmf jf gf]S;fg dfkm{t Fair 60,875 2,60,47,705 1,88,11,810

Value df
hDdf rfn' ;DklQ 19,21,09,654 16,57,19,469 33,93,52,544
hDdf ;DklQ 26,20,07,199 24,57,54,639 36,25,20,046
k"FhL tyf bfloTj
u}/ rfn' bfloTjx?
sd{rf/L lxtsf] nflu Joj:yf 10,35,143 18,14,884 24,68,214
Jofkf/Ls / cGo bfloTjx? 4,63,624 5,65,258 5,72,786
स्थगन कर bfloTj - - -
hDdf u}/ rfn' bfloTjx? 14,98,767 23,80,142 30,41,000
rfn' bfloTj
Jofkf/Ls / cGo bfloTjx? 4,45,87,282 2,08,01,486 11,59,66,717
hDdf rfn' bfloTj 4,45,87,282 2,08,01,486 11,59,66,717
k"FhL
z]o/ k"FhL 20,00,00,000 20,00,00,000 20,00,00,000
;l~rt d'gfkmf 1,59,21,150 2,25,73,011 4,35,12,329
hDdf k"FhL 21,59,21,150 22,25,73,011 24,35,12,329
s'n k"FhL tyf bfloTj 26,20,07,199 24,57,54,639 36,25,20,046

v= gfkmf gf]S;fg lx;fa /sd -?=df_

cf=a= cf=a= cf=a=
ljj/0f
@)&$÷)&% @)&%÷)&^ @)&^÷)&&
;~rfng cfDbfgL
dr]{G6 a}+lsË ;]jfaf6 cfDbfgL 2,81,18,250 2,55,41,325 3,88,89,680
;fd"lxs nufgL sf]if ;]jfaf6 cfDbfgL 58,20,731 1,76,96,927 2,81,85,450
shf{ ;fk6 tyf ;fk6Laf6 cfDbfgL 2,31,81,659 2,50,62,119 4,09,12,623
;+:yfut k/fdz{ ;]jf - - 3,15,013
cGo cfDbfgL 96,927 11,00,110 59,06,593
hDdf ;+rfng cfDbfgL 5,72,17,567 6,94,00,481 11,42,09,359
;~rfng vr{
dr]{G6 a}lsË vr{ 1,02,93,364 61,81,805 92,51,671
;fd"lxs nufgL sf]if vr{ 4,16,037 10,09,846 12,83,204
lwtf]kq laqmLdf sldzg - - -

15
 ;+rfng gfkmf 4,65,08,166 6,22,08,830 10,36,74,484
u}/ ;~rfng vr{
sd{rf/L vr{ -sd{rf/L af]g; ;lxt_ 1,51,75,215 2,07,84,183 2,85,31,078
kl/;/ vr{ 38,95,783 41,14,301 44,77,213
lj1fkg tyf k|rf/ vr{ 13,95,043 7,59,609 11,94,866
;fdfGo k|zf;g vr{ 28,24,331 33,43,603 50,29,978
ljQLo vr{ 37,243 64,726 59,168
x|f; s§L tyf ckn]vg vr{ 21,71,402 24,78,040 29,01,924
k"j{ ;+rfng vr{ - - -
cfos/ cl3sf] gfkmf 2,10,09,150 3,06,64,368 6,14,80,257
cfos/ 52,96,934 92,75,667 1,85,40,939
jif{sf] nflu gfkmf 1,57,12,215 2,13,88,701 4,29,39,318
cGo lj:t[t cfo / Joo - - -
laqmLsf nflu pknAw nufgLdf v"b nfe - - -
kl/eflift nfe of]hgfdf (Actuarial
- - -
Gain/Loss)
hDdf cGo lj:t[t cfo / Joo - - -
36fpg] - - -
cGo lj:t[t cfo / Joo s/ vr{ - - -
jif{sf] nflu cGo lj:t[t cfo - - -
OlSJ6L z]o/wgLsf nflu 1,57,12,215 2,13,88,701 4,29,39,318

u= gfkmf gf]S;fg afF8kmfF6 lx;fa /sd -?=df_

cf=a= cf=a= cf=a=
ljj/0f
@)&$÷)&% @)&%÷)&^ @)&^÷)&&
cfDbfgL
ut jif{;Ddsf] ;+lrt d'gfkmf @#,!$,!(* !,%(,@!,!%) 2,25,73,011
o; jif{sf] d'gfkmf !,%&,!@,@!% 2,13,88,701 4,29,39,318
s'n 1,80,26,413 3,73,09,851 6,55,12,329
vr{
ut jif{;Ddsf] ;+lrt gf]S;fg - - -

o; jif{sf] gf]S;fg - - -

j}wflgs hu]8f sf]if - - (42,93,932)

;fdflhs pQ/bfloTj sf]if - - (4,29,393)

;fdflhs pQ/bfloTj sf]ifaf6 lkmtf{ - - 16,173

k|:tfljt nfef+z (21,05,263) (1,47,36,840) (2,20,00,000)
k|:tfljt af]g; z]o/ - - -

:yug s/ sf]if - - -
s'n (21,05,263) (1,47,36,840) (2,20,00,000)
;l~rt d'gfkmf÷gf]S:ffg !,%(,@!,!%) 2,25,73,011 3,88,05,177

3 = gub k|jfx ljj/0f /sd ?=df

cf=a= cf=a= cf=a=
ljj/0f
@)&$÷)&% @)&%÷)&^ @)&^÷)&&
-s_ sf/f]jf/ ;~rfngaf6 gub k|jfx
gub k|flKt
s/ cl3sf] v'b gfkmf @,!),)(,!%) #,)^,^$,#^* 6,14,80,257

16
 ;dfof]hg
x|f; s§L vr{ @!,&!,$)@ @$,&*,)$) 29,01,924
nufgLdf c1ft nfe -$%,@**_ — -
cfos/ e'QmfgL -%@,(^,(#$_ -(@,&%,^^&_ (18,5,40,939)
nfefz+ e'QmfgL -@!,)%,@^#_ -!,$&,#^,*$)_ (2,20,00,000)
bfloTj -sdL_÷j[l4 #,*^,&%,$!$ -@,@(,)$,$@!_ 9,58,26,089
nufgLdf sdL÷-j[l4_ -((,^&,$#$_ -@,%(,*^,*#)_ (63,21,105)
d'2lt lgIf]kdf sdL÷-j[l4_ -(,@),)),)))_ -$$,)),)))_ (9,25,75,538)
cGo ;DklQdf sdL÷-j[l4_ -%#,%*,(^@_ -(%,$%,#^^_ (2,79,46,882)
sf/f]jf/ ;~rfngaf6 v'b gub k|jfx -!_ -%,@(,!&,(!^_ -$,$(,)^,&!^_ (71,76,193)
Vf ljQLo sf/f]jf/af6 gub k|jfx
z]o/ k"FhLdf -sdL_÷j[l4 !),)),)),))) — -
bL3{sflng C0fdf -sdL_÷j[l4 — — -
nfef+z k|fKt — — -
ljQLo sf/f]jf/af6 v'b gub k|jfx -@_ !),)),)),))) — -
-u_ nufgL sf/f]jf/af6 gub k|jfx
Df"t{ ;DklQ -vl/b_÷laqmL -@$,&(,@(^_ -@#,!@,%))_ (21,10,821)
cDf"t{ ;DklQ -vl/b_÷laqmL -@,*@,^&)_ — (34,860)
nufgL sf/f]jf/af6 v'b gub k|jfx -#_ -@&,^!,(^^_ -@#,!@,%))_ (21,45,681)
Gfub tyf Gfub ;dfgsf] v'b -sdL_÷j[l4 -
$,$#,@),!!* -$,&@,!(,@!^_ (93,21,874)
!+@+#_
gub tyf Gfub ;dfgsf] z'? df}Hbft @,&*,)$,&^& &,@!,@$,**! 2,49,05,666
gub tyf Gfub ;dfgsf] clGtd df}Hbft &,@!,@$,**! @,$(,)%,^^^ 1,55,83,791
^=* of]hgf Joj:yfkssf] n]vf gLlt;DaGwL Joj:yf M
of]hgf Joj:yfksn] g]kfn rf6{8{ PsfpG6]G6\; ;+:yf (ICAN) af6 lgwf{l/t Nepal Accounting Standard (NAS) / Nepal
Financial Reporting Standard (NFRS) cg'?ksf] n]vf gLlt kfngf u/]sf] 5 .

^=( of]hgf Joj:yfkssf] n]vfk/LIfssf] gfd tyf 7]ufgf M

b]j P;f]l;P6\; rf6{8 Psfp06]06;\, kf6g 9f]sf, nlntk'/nfO{ cf= j= @)&^÷)&& sf] nflu n]vfkl/Ifs lgo'Qm ul/Psf] 5 .
^=!) of]hgf Joj:yfkssf] sf/f]jf/df c;/ kg{] s'g} ljjfb÷d'2f dfldnf eP ;f]sf] ljj/0f tyf d'2f dfldnf clGtd ?kdf
km};nf eO{ hl/jfgf a'emfPsf] eP ;f] ;DaGwL ljj/0f M
;f] gePsf] .
^=!! of] of]hgfeGbf cufl8sf] of]hgfsf] v'b ;DklQ d"No (NAV) ;DaGwL ljj/0f M
Pg cfO l; Plzof Do'r'cn km08 cGt{/ut klxnf] of]hgf “Pg cfO l; Plzof u|f]y km08” cf=j= @)&$÷)&% sf] r}q dlxgf
b]lv ;+rfngdf /x]sf] 5 . bf]>f] of]hgf “Pg cfO{ ;L Plzof Aofn]G;8\ km08” cf=a= @)&%÷)&^ sf] efb| dlxgf b]lv
;+rfngdf /x]sf] 5 . pQm of]hgfx? ;+rfngdf cfPb]lv xfn ;Ddsf] cj:yf lgDgfg';f/ /x]sf] 5 .
Pg cfO{ ;L Plzof u|f]y km08 M
@)&%÷)&^ -cfiff9 d;fGt, @)&^_
ljj/0f v'b ;DklQ d"No ?= (NAV)
k|If]lkt v'b ;DklQ d"No ?= (NAV) !)=@*
Jff:tljs v'b ;DklQ d"No ?= (NAV) !!=!*
@)&^÷)&& -cfiff9 d;fGt, @)&&_
k|If]lkt v'b ;DklQ d"No ?= (NAV) !!=&%
Jff:tljs v'b ;DklQ d"No ?= (NAV) !!=&*
Pg cfO{ ;L Plzof Aofn]G;8\ km08 M
@)&^÷)&& -cfiff9 d;fGt, @)&&_
ljj/0f v'b ;DklQ d"No ?= (NAV)
k|If]lkt v'b ;DklQ d"No ?= (NAV) !!=)*
Jff:tljs v'b ;DklQ d"No ?= (NAV) !!=)*

17
;fKtflxs v'b ;DklQ d"No (NAV) tyf ahf/ d"No ;DaGwL ljj/0f b]xfo adf]lhd /x]sf] 5 M
cf=a= dlxgf -d;fGt_ k|lt OsfO{ v'b ;DklQ d'No ahf/ d"No -?=_
(NAV)
2074÷075 r}q (=((
a}zfv !)=)& (=#%
h]& !)=)% *=#@
cfiff( !)=)* (=!(
>fj)f !)=!& *=()
efb| !)=#% (=&)
cflZjg !)=#! (=$@
sflt{s !)=@( *=))
2075÷076 d+l;/ !)=!) *=*%
kf}if !)=$( (=@)
df# !)=#^ *=^&
kmfu'g !)=%) (=))
r}q !)=&! (=#^
a}zfv !!=#% (=&)
h]& !!=!% (=^%
cfiff( !!=!* !)=@*
2076÷077 >fj)f !!=!! (=&!
efb| (=^& *=&)
cflZjg (=^% *=!$
sflt{s (=^$ *=*)
d+l;/ (=(% *=^@
kf}if !)=&@ (=!)
df# !!=## (=!^
kmfNu'g !!=^@ (=$)

r}q !!=)@ (=)^

a}zfv !)=&* (=)^
h]i& !)=&( (=)^
cfiff( !!.&% !).!(
2077÷078 >fj)f !!=(* !)=@)
efb| !!=$* (=#@

Pg cfO{ ;L Plzof Aofn]G;8\ km08 M

cf=a= dlxgf -d;fGt_ k|lt OsfO{ v'b ;DklQ d'No ahf/ d"No -?=_
(NAV)
efb| (=((
2076÷077
cflZjg !)=)$
sflt{s !)=)^ !)=#)
d+l;/ !)=!^ (=$)
kf}if !)=$& *=*%
df# !)=&@ (=)%
kmfNu'g !)=** (=)!
r}q !)=$* (=))
a}zfv !)=@( (=))
h]i& !)=#! (=))
cfiff( !!.)* !).#*
2077÷078 >fj)f !!=@( (=^%
efb| !!.)! (=$%

18
 nfefFz ljt/0f ;DaGwL ljj/0f M
Pg cfO{ ;L Plzof u|f]y km08n] cf=a=@)&%÷)&^ sf] gfkmfaf6 OsfO{wgLx?nfO{ !) k|ltzt s/ ;lxt gub nfefFz /
cf=a=@)&^÷)&& sf] gfkmfaf6 OsfO{wgLx?nfO{ !@ k|ltzt s/ ;lxt gub nfefFz ljt/0f u/]sf] 5 tyf Pg cfO{ ;L Plzof
Aofn]G;8\ km08n] cf=a=@)&^÷)&& sf] gfkmfaf6 OsfO{wgLx?nfO{ * k|ltzt s/ ;lxt gub nfefFz ljt/0f u/]sf] 5 .
Pg cfO{ ;L Plzof u|f]y km08sf] t'ngfTds ljj/0f M klxnf] jif{ .
s= jf;nft
ljj/0f k|If]lkt jf:tljs km/s km/s k|ltzt sf/0f
;DklQ
nufgL 1,002,900,321 628,328,782.00 (431,893,138.00) -40.74% of]hgf lgisf;g ul/Psf] ;Dk"{0f OsfO{ ljqmL
gePsf] tyf ahf/ cg's'ntf x]/L nufgL
rfn' ;DklQ 165,699,453.06
316,643,193.00 137,167,625.19 76.43% ub}{ ux]sf]n]
hDdf ;DklQ 1,168,599,774 944,971,975.00 (294,725,512.00) -23.77%
bfloTj
OsfO{ k"FhL 1,000,000,000
835,200,000.00 (164,800,000.00) -16.48%

hu]8f tyf sf]if 55,684,549

;Dk"{0f OsfO{ laqmL gePsf]n]
98,426,153.00 (17,596,920.00) -15.17%

rfn' bfloTj 12,915,226

11,345,822.00 (2,328,592.00) -17.03%
Nffe+fz ltg{'kg]{ 100,000,000 - (100,000,000.00) -100.00% cfiff9 d;fGtdf nfefFz 3f]if0f gePsf]n]
hDdf bfloTj 1,168,599,774 944,971,975.00 (294,725,512.00) -23.77%

v= gfkmf gf]S;fg lx;fa

km/s
ljj/0f k|If]lkt jf:tljs km/s sf/0f
k|ltzt
cfDbfgL
OsfO{ laqmL af6 k|fKt /sd lwtf]kq
10,000,000.00 39,741,679 29,741,679 297% ahf/sf] cj:yf x]/L qmlds ?kdf
Jofh cfDbfgL -sn lgIf]kaf6
k|fKt Jofh afx]ssf]_ z]o/ ahf/df nufgL ub{} hfbfF a}+s
tyf ljQLo ;+:yfdf nfdf] ;do
;Dd /x]sfn]
gub nfef+z 20,000,000.00 11,433,583 (8,566,417) -43%
lgisf;g ul/Psf] ;Dk"0f{ OsfO{ laqmL
gx'g' tyf z]o/df nufgL sd x'gfn]
lwtf]kq vl/b las|L ubf{ x'g] 157,500,000.00 40,642,461 (116,857,539) -74%
lgisf;g ul/Psf] ;Dk"0f{ OsfO{ laqmL
gfkmf÷-gf]S;fg_ gx'g' tyf z]o/df nufgL sd x'gfn]
hDdf cfDbfgL -s_ 187,500,000.00 91,817,722 (95,682,278) -51%
vr{
sf]if Joj:yfkg z'Ns 21,813,150.00 17,696,927 (4,116,223) -19%
sn tyf d'2tL lgIf]kaf6 k|fKt
cfDbfgLnfO{Ps d'i7 b]vfOPsf]n]
;'kl/j]Ifs z'Ns 1,090,658.00 884,846 (205,812) -19%
lgisf;g ul/Psf] ;Dk"0f{ OsfO{ laqmL
gePsf]n]
l8kf]lh6/L z'Ns 2,726,644.00 2,212,116 (514,528) -19%
lgisf;g ul/Psf] ;Dk"0f{ OsfO{ laqmL
gePsf]n]
n]vfkl/If0f z'Ns 100,000.00 100,000 - 0%
of]hgf ;"lrs/0f z'Ns 800,000.00 50,000 (750,000) -94%
-)=)&%Ü_
OsfO{sf] ;"lrs/0f cl3Nnf] cfly{s
of]hgf gljs/0f z'Ns - 120,000
jif{d} eO;s]sf]n]
of]hgf btf{ z'Ns -)=!Ü_ 1,000,000.00 - - -

;"rgf tyf lj1fkg 2,000,000.00 156,620 (1,843,380) -92%

sfg"gL z'Ns - - - -
lgisf;g tyf las|L k|aGw 2,000,000.00 - - -
OsfO{sf] lgisf;g sfo{ cl3Nnf]
z'Ns cfly{s jif{d} eO;s]sf]n]
cGo vr{x? 285,000.00 10,865 (274,135) -96% vr{ sd ul/Psf]n]
hDdf vr{ -v_ 31,815,451.00 21,231,374 (10,584,077) -33%
;~rfng gfkmf∕-gf]S;fg_ 155,684,549.00 70,586,348 (85,098,201) -55%
u=-s—v_
19
 cfos/ Joj:yf -3_ - - - -

Gffkmf÷-gf]S;fg_ ª=-u—3_ 155,684,549.00 70,586,348 85,098,201) -55%

-100%
gub nfefFz - (100,000,000)
100,000,000.00
;l~rt gfkmf∕-gf]S;fg_ 5=
55,684,549.00 70,586,348 14,901,799 27%
-ª‐r_ of]hgfsf] ;Dk'{0f OsfO{ laqmL
ut jif{ ;l~rt gfkmf÷ gePsf]n] .
13,921,137.00 (13,921,137) -100%
-gf]S;fg_ -h_
cfh{g x'g afFsL gfkmf -em_ 41,763,412.00 21,341,689 (20,421,723) -49%
hDdf ;l~rt gfkmf ∕
-gf]S;fg_ jf;nftdf 55,684,549.00 91,928,036 36,243,487 65%
;fl/Psf] ~f=-5±h±em_

u= k|lt OsfO v'b ;DklQ d"Nosf] u0fgf tyf ljQLo cg'kft ;DaGwL M
km/s
ljj/0f k|If]lkt jf:tljs km/s sf/0f
k|ltzt
cfDbfgL
OsfO{ laqmL af6 k|fKt /sd
lwtf]kq ahf/sf] cj:yf x]/L
8,000,000 39,741,679.00 29,741,679.00 297%
Jofh cfDbfgL -s'n lgIf]kaf6 qmlds ?kdf z]o/ ahf/df
k|fKt Jofh_ nufgL ubf{ a}+s tyf ljQLo
;+:yfdf nfdf] ;do ;Dd
/x]sfn]
gub nfef+z 20,000,000 11,433,583.00 (8,566,417.00) -43% lgisf;g ul/Psf] ;Dk"0f{ OsfO{
lwtf]kq vl/b las|L ubf{ x'g] laqmL gx'g' tyf z]o/df nufgL
157,500,000 40,642,461.00 (116,857,539.00) -74%
gfkmf/-gf]S;fg_ sd x'gfn]
hDdf cfDbfgL -s_ 187,500,000 91,817,722.00 (95,682,277.00) -51%

vr{
n]vfkl/If0f z'Ns 100,000 100,000.00 - 0%

;"lrs/0f z'Ns -)=)&%Ü_ 800,000 50,000.00 (750,000.00) -94% OsfO{sf] ;"lrs/0f cl3Nnf]
of]hgf btf{ z'Ns 1,000,000 120,000.00 (880,000.00) -88% cfly{s jif{d} eO;s]sf]n]
;"rgf tyf lj1fkg 285,000 167,485.00 (117,515.00) -41% vr{ sd ul/Psf]n]
lgisf;g z'Ns 4,000,000 (4,000,000.00) -100%
OsfO{sf] lgisf;g cl3Nnf]
cf=j=df ul/Psf]n]
hDdf vr{ -v_ 6,185,000 437,485.00 (5,747,515.00) -93%

;~rfng gfkmf÷-gf]S;fg_ u=
181,315,000 91,380,237.00 (89,934,763.00) -50%
-s‐v_
sf]if Joj:yfkg z'Ns 21,813,150 17,696,927.00 (4,116,223.00) -19%

;'kl/j]Ifs z'Ns 1,090,658 884,846.00 (205,812.00) -19%

lgisf;g ul/Psf] ;Dk"0f{ OsfO{
laqmL gePsf]n]
l8kf]lh6/L z'Ns 2,726,644 2,212,116.00 (514,528.00) -19%

hDdf z'Ns -घ_ 25,630,451 20,793,889.00 (4,836,563.00) -19%

v'b gfkmf -u–3_ 155,684,549 70,586,348.00 (85,098,200.00) -55%

100,000,000 - (100,000,000.00) -100%

lgisf;g ul/Psf] ;Dk"0f{ OsfO{
nfefFz
laqmL gePsf]n]
jf;nftdf ;fl/Psf] gfkmf÷ 55,684,549 70,586,348.00 14,901,800.00 27%
-gf]S;fg_
hDdf OsfO{ k"FhL -s_ 1,000,000,000 835,200,000.00 (164,800,000.00) -16%
lgisf;g ul/Psf] ;Dk"0f{ OsfO{
laqmL gePsf]n]
hu]8f tyf sf]if
;l~rt gfkmf 13,921,137 84,806,761 70,885,624.00 509% cl3Nnf] cfly{s jif{sf] ;d]t
cfh{g x'g jf+sL gfkmf 41,763,412 13,619,392 (28,144,020.00) -67% ;dfj]; ul/Psf]n]
hDdf hu]8f tyf sf]if -v_ 55,684,549 98,426,153 42,741,604.00 77%

20
 km/s
ljj/0f k|If]lkt jf:tljs km/s sf/0f
k|ltzt
sf]if Joj:yfkg z'Ns,
;'kl/j]Ifs z'Ns tyf lgisf;g ul/Psf] ;Dk"0f{ OsfO{
1,081,315,000 954,420,042 10,104,591.00 1%
l8kf]lh6/L z'Ns cl3sf] v'b laqmL gePsf]n]
;DklQ d'No -u ₌ s-v_
sf]if Joj:yfkg z'Ns 21,813,150 17,696,927.00 (4,116,223.00) -19%

;'kl/j]Ifs z'Ns 1,090,658 884,846.00 (205,812.00) -19%

l8kf]lh6/L z'Ns 2,726,644 2,212,116.00 (514,528.00) -19%

s'n sf]if Joj:yfkg z'Ns,
;'kl/j]Ifs z'Ns tyf 25,630,451 20,793,889.00 (4,836,563.00) -19%
l8kf]lh6/L z'Ns -3_
v'b ;DklQ d"No -ª = u-3_ 1,055,684,549 933,626,153 (122,058,396.00) -12% lgisf;g ul/Psf] ;Dk"0f{ OsfO{
s'n OsfO{ ;+Vof -r_ 100,000,000 83,520,000.00 (16,480,000.00) -16% laqmL gePsf]n]
k|lt OsfO{ v'b ;DklQ d'No
10.56 11.18 0.62 6%
-ª÷r_
Pg cfO{ ;L Plzof u|f]y km08sf] t'ngfTds ljj/0f M दोस्रो jif{ -cf=j= @)&^÷)&&_
s= jf;nft
ljj/0f k|If]lkt jf:tljs km/s km/s k|ltzt sf/0f
;DklQ
nufgL 1,060,221,920 689,216,186.47 (371,005,733.54) -34.99% of]hgf lgisf;g ul/Psf] ;Dk"{0f OsfO{ ljqmL
gePsf] tyf ahf/ cg's'ntf x]/L nufgL
rfn' ;DklQ 179,475,567.81 304,047,014.66 124,571,446.85 69.41%
ub}{ ux]sf]n]
hDdf ;DklQ 1,239,697,487 993,263,201.13 -19.88%
(246,434,285.88)
bfloTj
OsfO{ k"FhL 1,000,000,000 835,200,000.00 (164,800,000.00) -16.48%

hu]8f tyf sf]if 116,023,073 148,262,389.37 32,239,316.37 27.79% ;Dk"{0f OsfO{ laqmL gePsf]n]

rfn' bfloTj 13,674,414 9,800,812.05 (3,873,601.95) -28.33%

Nffe+fz ltg{'kg]{ 110,000,000 100,224,000.00 (9,776,000.00) -8.89%

cfiff9 d;fGtdf nfefFz 3f]if0f gePsf]n]
.
hDdf bfloTj 1,239,697,487 1,093,487,201.42 (146,210,285.58) -11.79%

v= gfkmf gf]S;fg lx;fa

km/s
ljj/0f k|If]lkt jf:tljs km/s sf/0f
k|ltzt
cfDbfgL
OsfO{ laqmL af6 k|fKt /sd
Jofh cfDbfgL -sn lwtf]kq ahf/sf] cj:yf x]/L
lgIf]kaf6 k|fKt Jofh 10,556,845 28,964,727 18,407,882 174% qmlds ?kdf z]o/ ahf/df nufgL
afx]ssf]_ ub{} hfbfF a}+s tyf ljQLo ;+:yfdf
nfdf] ;do ;Dd /x]sfn]
lgisf;g ul/Psf] ;Dk"0f{ OsfO{
gub nfef+z 21,113,691 12,267,743 -8,845,948 -42% laqmL gx'g' tyf z]o/df nufgL
sd x'gfn]
lgisf;g ul/Psf] ;Dk"0f{ OsfO{
lwtf]kq vl/b las|L ubf{ x'g] 166,270,316 78,443,310 -87,827,006 -53%
gfkmf÷-gf]S;fg_ laqmL gx'g' tyf z]o/df nufgL
sd x'gfn]
hDdf cfDbfgL -s_ 197,940,853 119,675,779 -78,265,074 -40%

vr{
sf]if Joj:yfkg z'Ns 23,088,365 15,877,180.31 (7,211,184.69) -31.23%
sn tyf d'2tL lgIf]kaf6 k|fKt
cfDbfgLnfO{ Ps d'i7 b]vfOPsf]n]
;'kl/j]Ifs z'Ns 1,154,418 892,600.86 (261,817.14) -22.68%
lgisf;g ul/Psf] ;Dk"0f{ OsfO{
laqmL gePsf]n]
l8kf]lh6/L z'Ns 2,886,046 3 2,034,018.47 (852,027.53) -29.52%
lgisf;g ul/Psf] ;Dk"0f{ OsfO{
laqmL gePsf]n]
21
 km/s
ljj/0f k|If]lkt jf:tljs km/s sf/0f
k|ltzt
n]vfkl/If0f z'Ns 110,000 99,999.99 (10,000.01) -9.09%
of]hgf ;"lrs/0f z'Ns 50,000 150,000.00 100,000.00 200.00%
-)=)&%Ü_
OsfO{sf] ;"lrs/0f cl3Nnf] cfly{s
of]hgf gljs/0f z'Ns - - - -
jif{d} eO;s]sf]n]
of]hgf btf{ z'Ns -)=!Ü_ - - -

;"rgf tyf lj1fkg - - -

sfg"gL z'Ns - - - -
lgisf;g tyf las|L k|aGw - - -
OsfO{sf] lgisf;g sfo{ cl3Nnf]
z'Ns cfly{s jif{d} eO;s]sf]n]
cGo vr{x? 313,500 - - - vr{ sd ul/Psf]n]
hDdf vr{ -v_ 31,815,451.00 290,232.00 (23,268.00) -7.42%
;~rfng gfkmf∕-gf]S;fg_ 155,684,549.00 19,344,031.63 (8,258,297.37) -29.92%
u=-s—v_
cfos/ Joj:yf -3_ - - - -

Gffkmf÷-gf]S;fg_ ª=-u—3_ 155,684,549.00 (55,352,801.70) -35.55%

100,331,747.30 of]hgfsf] ;Dk'{0f OsfO{ laqmL
gub nfefFz 110,000,000 100,224,000 (100,000,000) -8.89% gePsf]n] .
;l~rt gfkmf∕-gf]S;fg_ 5=
60,338,525 107,747 14,901,799 27%
-ª‐r_

u= k|lt OsfO v'b ;DklQ d"Nosf] u0fgf tyf ljQLo cg'kft ;DaGwL M
km/s
ljj/0f k|If]lkt jf:tljs km/s k|ltzt sf/0f
cfDbfgL
OsfO{ laqmL af6 k|fKt /sd
lwtf]kq ahf/sf] cj:yf x]/L
Jofh cfDbfgL -s'n lgIf]kaf6 39,741,679.00 29,741,679.00 297% qmlds ?kdf z]o/ ahf/df
10,556,845
k|fKt Jofh_ nufgL ubf{ a}+s tyf ljQLo
;+:yfdf nfdf] ;do ;Dd
/x]sfn]
gub nfef+z 21,113,691 11,433,583.00 (8,566,417.00) -43% lgisf;g ul/Psf] ;Dk"0f{ OsfO{
lwtf]kq vl/b las|L ubf{ x'g] laqmL gx'g' tyf z]o/df nufgL
166,270,316 40,642,461.00 (116,857,539.00) -74%
gfkmf/-gf]S;fg_ sd x'gfn]
hDdfcfDbfgL -s_ 197,940,853 91,817,722.00 (95,682,277.00) -51%

vr{
n]vfkl/If0f z'Ns 100,000 100,000.00 - 0%

;"lrs/0f z'Ns -)=)&%Ü_ 800,000 50,000.00 (750,000.00) -94% OsfO{sf] ;"lrs/0f cl3Nnf]
of]hgf btf{ z'Ns 1,000,000 120,000.00 (880,000.00) -88% cfly{s jif{d} eO;s]sf]n]
;"rgf tyf lj1fkg 285,000 167,485.00 (117,515.00) -41% vr{ sd ul/Psf]n]
lgisf;g z'Ns 4,000,000 (4,000,000.00) -100%
OsfO{sf] lgisf;g cl3Nnf]
cf=j=df ul/Psf]n]
hDdf vr{ -v_ 6,185,000 437,485.00 (5,747,515.00) -93%

;~rfng gfkmf÷-gf]S;fg_ u=
181,315,000 91,380,237.00 (89,934,763.00) -50%
-s‐v_
sf]if Joj:yfkg z'Ns 21,813,150 17,696,927.00 (4,116,223.00) -19%

;'kl/j]Ifs z'Ns 1,090,658 884,846.00 (205,812.00) -19%

lgisf;g ul/Psf] ;Dk"0f{ OsfO{
laqmL gePsf]n]
l8kf]lh6/L z'Ns 2,726,644 2,212,116.00 (514,528.00) -19%

hDdf z'Ns -घ_ 25,630,451 20,793,889.00 (4,836,563.00) -19%

v'b gfkmf -u–3_ 155,684,549 70,586,348.00 (85,098,200.00) -55%

nfefFz 100,000,000 - (100,000,000.00) -100%

lgisf;g ul/Psf] ;Dk"0f{ OsfO{
laqmL gePsf]n]
22
 jf;nftdf ;fl/Psf] gfkmf÷ 55,684,549 70,586,348.00 14,901,800.00 27%
-gf]S;fg_
hDdf OsfO{ k"FhL -s_ 1,000,000,000 835,200,000.00 (164,800,000.00) -16%
lgisf;g ul/Psf] ;Dk"0f{ OsfO{
laqmL gePsf]n]
hu]8f tyf sf]if
;l~rt gfkmf 29,005,768 84,806,761 70,885,624.00 509% cl3Nnf] cfly{s jif{sf] ;d]t
cfh{g x'g jf+sL gfkmf 41,763,412 13,619,392 (28,144,020.00) -67% ;dfj]; ul/Psf]n]
hDdf hu]8f tyf sf]if -v_ 116,023,073 98,426,153 42,741,604.00 77%
sf]if Joj:yfkg z'Ns,
;'kl/j]Ifs z'Ns tyf lgisf;g ul/Psf] ;Dk"0f{ OsfO{
1,143,151,902 954,420,042 10,104,591.00 1%
l8kf]lh6/L z'Ns cl3sf] v'b laqmL gePsf]n]
;DklQ d'No -u ₌ s-v_
sf]if Joj:yfkg z'Ns 23,088,365 17,696,927.00 (4,116,223.00) -19

;'kl/j]Ifs z'Ns 1,154,418 884,846.00 (205,812.00) -19%

lgisf;g ul/Psf] ;Dk"0f{ OsfO{
laqmL gePsf]n]
l8kf]lh6/L z'Ns 2,886,046 2,212,116.00 (514,528.00) -19%
s'n sf]if Joj:yfkg z'Ns, lgisf;g ul/Psf] ;Dk"0f{ OsfO{
;'kl/j]Ifs z'Ns tyf 27,128,828 20,793,889.00 (4,836,563.00) -19%
l8kf]lh6/L z'Ns -3_ laqmL gePsf]n]
v'b ;DklQ d"No -ª = u-3_ 1,116,023,073 933,626,153 (122,058,396.00) -12% lgisf;g ul/Psf] ;Dk"0f{ OsfO{
s'n OsfO{ ;+Vof -r_ 100,000,000 83,520,000.00 (16,480,000.00) -16% laqmL gePsf]n]
k|lt OsfO{ v'b ;DklQ d'No 11.1602 11.18 0.62 6%

Pg cfO{ ;L Plzof Aofn]G;8\ km08 M klxnf] jif{ -cf=j= @)&^÷)&&_

s= jf;nft
ljj/0f jif{ ! -k|If]lkt_ jf:tfljs km/s s}lkmot
;DklQ
nufgL 995,937,500.00 540,970,510.00 -45.68% klxnf] jif{ k'/f gePsf]
a}s
+ df}Hbft 449,234,489.00 296478238.68 34.00 % klxnf] jif{ k'/f gePsf]

15,625,000.00 50.33%
klxnf] jif{ k'/f gePsf]
rfn' ;DklQ 7,760,361.97

hDdf ;DklQ 1,460,796,989 845,209,110.65 -42.14%

bfloTj
OsfO{ k"FhL 1,250,000,000.00 755,000,000.00 -39.60% klxnf] jif{ k'/f gePsf]
78,870,978.00 81,460,090.50 -3.28% klxnf] jif{ k'/f gePsf]
hu]8f tyf sf]if
rfn' bfloTj 131,926,011.00 8,749,020.13 -93.37 % klxnf] jif{ k'/f gePsf]
- klxnf] jif{ k'/f gePsf]
ltg{'kg]{ Nffe+fz
-42.14%
1,460,796,989 845,209,110.65
hDdf bfloTj

v= gfkmf gf]S;fg lx;fa

ljj/0f jif{ ! -k|If]lkt_ jf:tfljs km/s s}lkmot
cfDbfgL
34,459,806.16 175.68% klxnf] jif{ k'/f gePsf]
Jofh cfDbfgL 12,500,000.00
-sn lgIf]kaf6 k|fKt Jofh afx]ssf]_
6,742,134.40 -46.06% klxnf] jif{ k'/f gePsf]
af]08 l8a]Gr/ 12,500,000.00

3,874,363.33 -83.90% klxnf] jif{ k'/f gePsf]

gub nfef+z 24,062,500.00

37,812,500.00
klxnf] jif{ k'/f gePsf]
af]gz z]o/sf] ljs|Ljf6 cflh{t

23
 ljj/0f jif{ ! -k|If]lkt_ jf:tfljs km/s s}lkmot
lwtf]kq vl/b las|L ubf{ x'g] gfkmf / - 57,282,448.34 -27.55% klxnf] jif{ k'/f gePsf]
79,062,500.00
gf]S;fg_
;fd"lxs nufgL sf]ifaf6 cfDbfgL - - - klxnf] jif{ k'/f gePsf]

Jofh cfDbfgL -sn lgIf]kdf_ 12,500,000.00 - - klxnf] jif{ k'/f gePsf]

hDdf cfDbfgL -s_ 178,437,500.00

102,358,752.23 -42.64%

12,184,967.62 -58.83% klxnf] jif{ k'/f gePsf]

sf]if Joj:yfkg z'Ns 29,596,940.00

693,758.96 -53.12% klxnf] jif{ k'/f gePsf]

;'kl/j]Ifs z'Ns 1,479,847.00

2,454,667.87 -66.83% klxnf] jif{ k'/f gePsf]

l8kf]lh6/L z'Ns 7,399,235.00

lwtf]kq bnfnL z'Ns - - - klxnf] jif{ k'/f gePsf]

z]]o/ vl/b÷las|L - - - klxnf] jif{ k'/f gePsf]
C0fkq, Do'r'cn km08 vl/b÷las|L - - - klxnf] jif{ k'/f gePsf]
/]l6Ë z'Ns - - - klxnf] jif{ k'/f gePsf]
113,000.00 klxnf] jif{ k'/f gePsf]
n]vfkl/If0f z'Ns 113,000.00

;"lrs/0f z'Ns 100,000.00 -60.78% klxnf] jif{ k'/f gePsf]

255,000.00
-g]K;]÷l;l8P;_
of]hgf gljs/0f z'Ns - - - klxnf] jif{ k'/f gePsf]
50,000.00 -95.00% klxnf] jif{ k'/f gePsf]
of]hgf btf{ z'Ns -)=!)Ü_ 1,000,000.00

119,669.00 -52.13% klxnf] jif{ k'/f gePsf]

;"rgf tyf lj1fkg 250,000.00

-20.24% klxnf] jif{ k'/f gePsf]

39,879.58
sfg"gL z'Ns 50,000.00

5,137,863.70 -4.14% klxnf] jif{ k'/f gePsf]

lgisf;g tyf las|L k|aGw z'Ns 5,360,000.00

4,855.00 klxnf] jif{ k'/f gePsf]

cGo vr{x? - 100%

20,898,661.73
hDdf vr{ -v_ 45,504,022.00 -

81,460,090.50 klxnf] jif{ k'/f gePsf]

;~rfng gfkmf∕-gf]S;fg_ u= 132,933,478.00 -
-s—v_
cflh{t k|ltkmn - - - klxnf] jif{ k'/f gePsf]
cfos/ Joj:yf -3_ - - - klxnf] jif{ k'/f gePsf]
81,460,090.50 -38.72%
gfkmf÷-gf]S;fg_ ª=-u—3_ 132,933,478.00

60,400,000.00 -46.31% klxnf] jif{ k'/f gePsf]

112,500,000.00
gub nfeFfz

21,060,090.50
20,433,478.00
-;l~rt gfkmf÷-gf]S;fg_ 5=-ª‐r_

ut jif+sf] ;l~rt gfkmf÷ - - - klxnf] jif{ k'/f gePsf]

-gf]S;fg_ -h_
cfh{g x'g af+sL gfkmf -em_ - - - klxnf] jif{ k'/f gePsf]

24
 ljj/0f jif{ ! -k|If]lkt_ jf:tfljs km/s s}lkmot
hDdf ;l~rt gfkmf÷ 21,060,090.50
20,433,478.00
-gf]S;fg_ jf;nftdf ;fl/Psf] ~f=-
5±h±em_
8% -11.11% klxnf] jif{ k'/f gePsf]
nfefFz ljt/0f 9.00%

u= gub k|jfxsf] ljj/0f

ljj/0f jif{ ! -k|If]lkt_ j:tfljs km/s s}lkmot
S sf/f]jf/ ;~rfngjf6 gub k|jfx
178,437,500.00 81460090.5 -54.35% klxnf] jif{ k'/f gePsf]
! gub k|flKt
(45,504,022.00) -17523031.04 -61.49% klxnf] jif{ k'/f gePsf]
@ gub e'QmfgL
sfo{ut k"FhL (Working Capital) ultljlw 132,933,478.00 63937059.46 -51.90%
cl3sf] gub k|jfx
!
;~rfng ;DaGwL rfn' ;DklQdf (15,625,000.00) -164,595,361.97 953.41% klxnf] jif{ k'/f gePsf]
sdL÷a[l4
@
;~rfng ;DjGwL rfn' bfoLTjdf - 19,426,011.00 8749020.133 -54.96% klxnf] jif{ k'/f gePsf]
sdL_÷ a[l4
sf/f]jf/ ;~rfngjf6 s'n gub k|jfx -!_
136,734,489.00 -91909282.38 -167.22% klxnf] jif{ k'/f gePsf]

v nufgL sf/f]jf/jf6 s'n gub k|jfx

-60.89% klxnf] jif{ k'/f gePsf]
lwtf]kq nufgLdf sdL÷ (937,500,000.00) -366612479
!
-a[l4_

@
l:y/ ;DklQdf sdL÷ - - - klxnf] jif{ k'/f gePsf]
-a[l4_
#
cGo nufgLdf sdL÷ - - - klxnf] jif{ k'/f gePsf]
-a[l4_
-60.89% klxnf] jif{ k'/f gePsf]
(937,500,000.00) -366612479
nufgL sf/f]jf/jf6 s'n gub k|jfx -@_

u ljQLo >f]t sf/f]jf/jf6 gub k|jfx

755,000,000 klxnf] jif{ k'/f gePsf]
OsfO{ k"FhLdf -sdL_÷ 1,25,00,00,000 -
!
a[l4

@ gub nfe+fz
- - - klxnf] jif{ k'/f gePsf]
755,000,000 -39.60% klxnf] jif{ k'/f gePsf]
ljQLo >f]t sf/f]jf/jf6 s'n gub k|jfx 1,250,000,000.00
-#_

o; jif{sf] ;Dk"0f{ ultljlwjf6 gub k|jfx

449,234,489.00 296478238.7 -34.00% klxnf] jif{ k'/f gePsf]

gub tyf a}+sdf /x]sf] z'? Dff}Hbft

- - - klxnf] jif{ k'/f gePsf]

gub tyf a}+sdf /x]sf] clGtd Dff}Hbft

449,234,489.00 296478238.7 -34.00% klxnf] jif{ k'/f gePsf]

3= k|lt OsfO{ v'b ;DklQ d"Nosf] u0fgf tyf ljQLo cg'kft ;DaGwL
ljj/0f jif{ ! -k|If]lkt_ j:tfljs km/s s}lkmot
nufgL 995,937,500.00 540,970,510.00 -45.68% klxnf] jif{ k'/f gePsf]

25
 ljj/0f jif{ ! -k|If]lkt_ j:tfljs km/s s}lkmot
a}+s df}Hbft 449,234,489.00 296,478,238.68 -34.00% klxnf] jif{ k'/f gePsf]

rfn' ;DklQ 15,625,000.00 7,760,361.97 -50.33% klxnf] jif{ k'/f gePsf]

hDdf;DklQ -s_ 1,460,796,989.00 845,209,110.65 -42.14%

rfn' bfloTj -v_ 131,926,011.00 8,749,020.13 -93.37% klxnf] jif{ k'/f gePsf]

1,328,870,978.00 836,460,090.52 -37.05% klxnf] jif{ k'/f gePsf]

v'b ;DklQ d"No -u =s-v_
s'n OsfO{ ;+Vof -3_ 12,50,00,000 75,500,000.00 -39.60% klxnf] jif{ k'/f gePsf]
k|lt OsfO{ v'b ;DklQ d'No 10.63 11.08 4.22% klxnf] jif{ k'/f gePsf]
-u÷3_

nfefFz ljt/0f ;DaGwL ljj/0f M

Pg cfO{ ;L Plzof Aofn]G;\8 km08n] dfq cf=a=@)&^÷)&^ sf] gfkmfaf6 OsfO{wgLx?nfO{ * k|ltzt s/ ;lxt gub nfefFz ljt/0f
u/]sf] 5 .

^=!@ of]]hgf Joj:yfkssf] /]l6Ë u/]sf] eP /]l6Ë ug]{] sDkgL tyf /]l6Ë ;ª\s]t M
ICRA Nepal lnld6]8af6 “[ICRANP] AMC Quality 3(AMC3)” (Reaffirmed) k|fKt u/]sf] 5 . h;n] Adequate Assurance on
Management Quality” eGg] cfwf/ hgfpb5 .

& = sf]if ;'kl/j]Ifs tyf sf]if ;'kl/j]Ifs;Fusf] ;Demf}tf ;DaGwL ljj/0f M

&=! sf]if ;'kl/j]Ifssf] gfd, 7]ufgf, pd]/ tyf of]Uotf M
s|=; Gffd 7]ufgf pd]/ z}lIfs of]Uotf
! >L cflzif clwsf/L sf=d=g=kf=j8f g+= !, gS;fn $^ Pn=Pn=Pd
sf=d=g=kf= j8f g+= $, c?0ffnfdf
@ >L jf]w /fh lg/f}nf ^$ cy{ zf:qdf :gfsf]Q/, lj=Pn=
6f]n
# >L lzj/fh l3ld/] k~rgu/ j8f g+= %, gjnk/f;L $* Pd=la=P=
$ >L ;Gtf]if nfld5fg] sf=d=g=kf= @%, ag:ynL, sf7df08f}+ . #* l;=lk=P=, Pl;l;P, Pd=lj=P;=
% >L dx]Gb| gfy sdf{rfo{ cgfdgu/, j8f g+= @(, sf7df08f} &) Pd=sd

&=@ sf]if ;'kl/j]Ifssf] Joj;flos cg'ej, d'Vo k]zf÷Joj;fo tyf xfn sfod /x]sf] lhDd]jf/L M
l;=g+ Gffd Joj;foLs cg'ej d''Vo k]zf jf xfn sfod /x]sf] lhDd]jf/L
Joj;fo
cNkmf n r]Da/df ;fem]bf/ /xL clwjStfsf] ?kdf
sfo{ ul//xg' ePsf] ;fy} sf7df08f}+ :s'n ckm n
>L cflzif ljut @! jif{ b]lv xfn;Dd sfg'g tyf Pe/]i6 sn]hdf cWofkg u/fO{/xg' ePsf] .
! sfg'g
clwsf/L Joj;fodf ;+nUg
Conflict Mitigation Program df sfg"gL
;Nnfxsf/sf] ?kdf sfo{ ugl//xg' ePsf] .
cy{ dGqfno ;lxt g]kfn ;/sf/sf]
>L jf]w /fh ljQ tyf Joj;fo Joj:yfkg ;DaGwdf
@ ljleGg lgsfodf #@ jif{ eGbf a9Lsf] ;Nnfxsf/
lg/f}nf ;Nnfxsf/sf] ?kdf sfo{ ul//xg' ePsf] .
sfof{g'ej .
>L lzj/fh
# lzIf0f k]zfdf !& jif{sf] sfof{g'ej . cWofg tyf cWofkg pk k|Wofks– ;/:jtL SofDk; n}Grf}/, sf7df08f}+ .
l3ld/]
n]vfkl/If0f tyf ;+:yfut k/fdz{sf]
>L ;Gtf]if If]qdf !^ jif{ eGbf al9sf] sfof{g'ej
$ n]vfkl/If0f ;+rfns– l6=cf/=pkfWofo P08 sDkgL
nfld5fg] .

>L dx]Gb| gfy a}+s tyf ljQLo If]qdf #) jif{ eGbf

% ;]jfg[lQ ;dfh ;]jfdf cfj4 .
sdf{rfo{ al9sf] sfof{g'ej .

26
 &=#= of]hgf ;DaGwdf sf]if ;'kl/j]Ifssf] e"ldsf M
k|rlnt sfg"gsf] cwLgdf /xL of]hgf ;~rfng ug{ of]hgfsf] ljj/0f k'l:tsfsf] ;Totfsf] ;DaGwdf cWoog u/L l:js[ltsf nflu k7fpg]
cg'df]bg ug]{, of]hgf Joj:yfksn] k|rlnt sfg"g tyf ;D´f}tf adf]lhd sf]ifsf] Joj:yfkg u/]sf] 5 eGg] s'/f ;'lglZrt ug]{, ;xefuLsf]
lxt ;+/If0f ug]{, of]hgf Joj:yfks tyf l8kf]lh6/Lsf] sfd sf/jfxLsf] ;'kl/j]If0f ug{], of]hgfsf] v'b ;DklQ d"Nosf] hfFr ug{], of]hgf
cGtu{tsf ;DklQ tyf sfuhftx? ;'/lIft ;fy /flvP g/flvPsf] ;'kl/j]If0f ug]{, af]8{jf6 :jLs[t of]hgf adf]lhd of]hgf ;~rfng eP
gePsf] ;'kl/j]If0f ug]{, of]hgf Joj:yfksn] /fv]sf] clen]v b'?:t /x] g/x]sf] ;'kl/j]If0f ug{], of]hgf ;DaGwdf k|fKt u'gf;fx? ;dfwfg
eP gePsf] ;'kl/j]If0f ug]{, of]hgf Joj:yfkg ;DaGwL k|ltj]bg tof/ u/L ;do ;dodf af]8{df k]z ug{] of]hgf Joj:yfks;Fu of]hgf
Joj:yfksn] u/]sf] sfd sf/jfxLaf/] s'g} ljj/0f jf hfgsf/L dfu ug{ ;Sg], dfu ul/Psf] ljj/0f jf hfgsf/Laf6 jf cGo s'g} >f]taf6
of]hgf Joj:yfkssf] sfd sf/jfxLdf clgoldttf b]lvPdf jf sfd sf/jfxL ;Gtf]ifhgs gb]lvPdf To:tf] sfd sf/jfxL /f]Sg jf
;Gtf]ifhgs ?kdf ;Dkfbg ug{ of]hgf Joj:yfksnfO{ lgb{]zg lbg ;Sg], lbOPsf] lgb{]zg of]hgf Joj:yfksn] kfngf gu/]df ;f]sf]
hfgsf/L af]8{nfO{ lbg], of]hgf Joj:yfksn] P]g jf lgodfjnLsf] pNn+3g u/]df jf cfkm\gf] lgb]{zg af/Daf/ pNn+3g u/]df of]hgf
Joj:yfks kl/jt{g ug]{ cfb]z hf/L ug{ af]8{nfO{ cg'/f]w ug{ ;Sg] nufotsf] e"ldsf sf]if ;'kl/j]Ifsaf6 lgjf{x x'g]5 .

&=$= sf]if k|a4{s / sf]if ;'kl/j]Ifs aLrsf] ;Demf}tfsf d'Vo d'Vo a'Fbfx? M
-!_ sf]if k|a4{s tyf sf]if ;'kl/j]Ifsn] lgodfjnLsf] cwLgdf /xL Jofj;flos 9Ën] cfkm\gf] bfloTj lgjf{x ug]{ .
-@_ sf]if ;'kl/j]Ifssf] k|zf;lgs nufot cGo sfo{sf nflu sf]if k|a4{ssf] ;lrjfnodf pknAw x'g] .
-#_ sf]if ;'kl/j]Ifssf] a}7ssf nflu sf]if k|a4{sn] cfkm\gf] sfof{nodf a}7s sIf pknAw u/fpg] .
-$_ k|To]s of]hgfsf] lgldQ sf]if ;'kl/j]Ifsn] cfjZostf cg';f/ a}7s a:g'kg{] . ;f] a}7sdf oyf;Dej k|To]s ;'kl/j]Ifsx?sf]
pkl:ylt x'g'kg]{ .
-%_ sf]if ;'kl/j]Ifsn] cfkm" cfa4 ePsf cGo sDkgL, ;+:yf, ljQLo dWo:ytf jf cGo s'g} klg ;+:yf;+Fu Pg cfO{ ;L Plzof Do"r'cn
km08 ;DaGwL ljifodf lgs6td ;DaGw sfod gug{] .
-^_ sf]if ;'kl/j]Ifsn] cfˆgf] :jfy{ /x]sf] ljifosf] 5nkmndf a}7sdf ;xeflutf ghgfpg] .

-&_ sf]if ;'kl/j]Ifsn] sf]if k|a4{snfO{ cfˆgf] :jfy{ afl´g] s'g} klg sDkgL -Pg cfO{ ;L Plzof a}+s tyf ;f]sf] ;xfos sDkgL ;lxt_
sf] af/]df k"j{ hfgsf/L u/fpg'kg]{ .
-*_ sf]if ;'kl/j]IfsnfO{ x/]s of]hgfnfO{ ;'kl/j]If0f u/] jfkt of]hgfsf] v'b ;DklQ d"Nosf] clwstd )=!)Ü ;]jf z'Ns -k|rlnt
sfg"g adf]lhd s/ s6\6fu/L_ q}dfl;s ?kdf lgodfjnLdf ePsf] Joj:yf adf]lhd e'QmfgL ug{] / ;f] e'QmfgL z'Nssf] #Ü /sd
sf]if Joj:yfksn] ;fd"lxs nufgL sf]if lgodfjnL, @)^& sf] lgod @# sf] pklgod ^ adf]lhd g]kfn lwtf]kq af]8{nfO{ cfly{s
jif{ ;dfKt ePsf] ldltn] #) lbgleq hDdf ug'{kg]{ 5 .
-(_ ;Demf}tfsf] cjlw s/f/ u/]sf] ldltaf6 b'O{ jif{ ;Dd /xg] 5 / tTkZrft\ b'a} kIfsf] cfk;L ;xdltdf k"gM;Demf}tf ug{ ;lsg] 5 .
-!)_ sf]if ;'kl/j]Ifsn] # dlxgfsf] k"j{ lnlvt hfgsf/L sf]if k|a4{snfO{ lbO{ ;Demf}tf /2 ug{ ;Sg] .
-!!_ sf]if k|a4{sn] ;Demf}tf /2 ug'{sf] sf/0f -;Demf}tf cg'?k sfo{ gu/]sf] jf k|rlnt sfg'g ljkl/t sfo{ u/]sf] v'nfO{ # dlxgfsf]
k"j{ lnlvt hfgsf/L sf]if ;'kl/j]IfsnfO{ lbO{ ;Demf}tf /2 ug{ ;Sg] .
-!@_ b'a} kIfn] of]hgf;Fu ;Da4 ;"rgf tyf hfgsf/Lsf] uf]kgLotf k|rlnt lgodsfg'gn] dfu u/] adf]lhd sfod /fVg'kg]{ .
-!#_ s'g} kIfn] ;Demf}tfsf] kfngf gu/]df af]8{n] ;f]sf] kfngf u/fpg ;Sg] .
-!$_ ;Demf}tfdf pNn]lvt ljifox?df s'g} ljjfb pTkGg ePdf b'j} kIfaLr cfk;L ;dembf/Laf6 ;dfwfg ul/g] / cfk;L
;dembf/Laf6 ;d]t ljjfbsf] ;dfwfg x'g g;Sg] cj:yf ;[hgf ePdf dWo:tstf{sf] ;xeflutfdf ;dfwfg ul/g] .
-!%_ ;Demf}tfkqdf pNn]v ePsf zt{x? af]8{sf] k"j{ :jLs[lt lnP/ dfq b'j} kIfsf] cfk;L ;dembf/Ldf ;+zf]wg x'g ;Sg] .
*= of]hgf ;DaGwL hfgsf/L M
g]kfndf xfn ;Dd ;+rflnt ;fd"lxs nufgL sf]ifx?sf] clwsfz+ /sd z]o/ ahf/df nufgL s]lGb|t ug]{ p2]Zosf ;fy ;+rfng ePsf]
kfOG5 . kl5Nnf] ;dodf C0fkqdf ;d]t nufgL ug]{ ckf/ ;Defjgf b]lvPsf] tyf To; k|sf/sf pks/0fx?df nfugL ubf{ hf]vLd
Go"g /x]sf] 5 . o; of]hgfsf] clwsfz+ /sd C0fkq pks/0fx?df nufgL ul/ lgoldt ?kdf OsfO{wgLx?nfO{ plrt k|ltkmn ljt/0f
ug{ ;lsg]5 . o; of]hgf v'nfd'vL ePsf] x'Fbf o; of]hgf cGtu{tsf OsfO{x? lg/Gt/ ?kdf of]hgf Joj:yfks tyf of]hgf
Joj:yfsn] tf]s]sf] ljt/ssf] dfWodaf6 ;d]t vl/b laqmL ug{ ;lsg]5 .

*=!= of]hgf ;DaGwL ljj/0f M

-s_ of]hgfsf] gfd M Pg cfO{ ;L Plzof 8fO{gflds 8]K6 km08
(NIC ASIA Dynamic Debt Fund)
-v_ of]hgfsf] k|sf/ M v'nfd'vL (Open-ended)
?=%),)),)),)))÷– -cIf/]kL M krf; s/f]8_
-u_ of]hgfsf] cfsf/ M
k|f/lDes cfsf/ ?=@),)),)),))) -cIf/]kLM aL; s/f]8_
-3_ lgisf;g ug{ nfluPsf] OsfO{ ;+Vof M @,)),)),))) -b'O{ s/f]8_
-ª_ k|lt OsfO{ d"No M ?=!)÷– -cIf]?kL bz dfq_
-r_ Go"gtd laqmL x'g'kg]{ OsfO{ ;+Vof M nfu' gx'g]
-5_ clwstd ;sfl/g] OsfO{ ;+Vof M %,)),)),))) -kfFr s/f]8_

27
-h_ of]hgfsf] cjlw M nfu' gx'g]* .
-em_ of]hgf kl/kSj x'g] ldlt M nfu' gx'g]* .
lwtf]kq ahf/sf] bf]>f] ahf/df ;"lrs/0f tyf sf/f]jf/ gx'g] . of]hgf Aoa:yfks
;"rLs/0f tyf bf];|f] ahf/df sf/f]jf/
-`_ / sf]if k|a4{s cfkm} jf cGo cflwsfl/s ;+:yfx?nfO{ ljt/ssf] ?kdf tf]sL
Joj:yf M
vl/b laqmL x'g] Aoa:yf ldnfOg]5 .
-6_ OsfO{ btf{ tyf x:tfGt/0f ug]{ l8kf]lh6/L M Pg cfO{ ;L Plzof Soflk6n lnld6]8, aa/dxn, sf7df08f} .
@ o; of]hgf ;DaGwL ljz]if hfgsf/L M
af]8{df btf{ ePsf lwtf]kq, ;fj{hlgs lgisf;g ePsf lwtf]kq, C0fkq tyf
-s_ of]hgfsf] nufgL p2]Zo d'b|fahf/sf pks/0fx?df nufgL ul/ OsfO{wgLx?nfO{ lg/Gt/ pRrtd k|ltkmn
ljt/0f ug]{ o; of]hgfsf] k|d'v p2]Zo /x]sf] 5 .
o; of]hgf cGtu{t lgDg cg';f/ nufgL ul/g]5 .
ljj/0f nufgL l;df
a}+s tyf ljQLo ;+:yfdf lgIf]k÷d'¢lt 15%
a08 l8a]Gr/, d'b|f ahf/ pks/0f dfu tyf cNk ;'rgfdf k|fKt x'g]
o; of]hgfsf] cGtu{t nufgL ul/g] If]qx?sf] 65%
-v_ /sd
l;df M k|yfld{s tyf bf]>f] ahf/df nufgL 20%
hDd 100%
dfly pNn]lvt If]qdf nufgL ubf{ lgodfjnLsf] Joj:yfnfO{ dWo]gh/ u/L /fd|f]
k|ltkmn b]lvPdf s'g} Ps If]qsf] nufgLnfO{ cGo If]qdf ;fg{ ;lsg]5 .
klxnf] r/0fsf] lgisf;g pQm ;dodf o; Pg cfO{ ;L Plzof 8fO{gflds 8]K6 km08df nufgL ug{sf] nflu
-u_ (New Fund Offering)M C-ASBA a}+s tyf ljQLo ;+:yf / tLgsfzfvf sfof{no jf d]/f] z]o/ dfkm{t
cfj]bg ug{ ;lsg]5 .
of]hgf v'nfd'vL of]hgf ePsf] x'gfn] lg/Gt/ rln/xG5 . klxnf] r/0fsf]
lgisf;g tyf afF8kmfF6 ;DkGg ePsf] ldltn] ltg dlxgf leq of] of]hgfsf]
lg/Gt/ lgisf;g OsfO{ lg/Gt/ lgisf;g tyf laqmLsf] nflu v'Nnf x'g]5 . lg/Gt/ lgisf;gdf
-3_ (Continous Fund Offering): cfj]bg Pg cfO{ ;L Plzof Soflk6n, Pg cfO{ ;L Plzof a}+s tyf tf]lsPsf
clwsf/Ls ;+:yfx?af6 lbg ;lsg]5 .
OsfO{sf] laqmL M
OsfO{sf] laqmL pQm ;dodf nfu' v'b ;DktL d'Nosf] cfwf/df ul/g]5 .
o; of]hgfsf] k|yd r/0fdf % s/f]8 OsfO{ lwtf]kq af]8{df btf{ ul/ hf/L ul/g]5
-ª_ yk OsfO{sf] btf{ M . o; of]hgfsf] OsfO{ b}lgs sf/f]jf/af6 a[l4 x'g] x'Fbf ;f]xL adf]lhd of]hgfsf]
cfsf/ lwtf]kq af]8{sf] k"j{ :jLs[lt lnO{ !) s/f]8 OsfO{ k'¥ofOg] 5 .
!= ljqmL ubf{ lng] z'Ns M lgMz'Ns .
@= k'g{vl/b z'Ns M nfu' x'g] v'b ;DklQ d'Nosf] cfwf/df lgDg adf]lhd M
ljqmL u/]sf] ^ dlxgf ;Dddf !=% k|ltzt
ljqmL u/]sf] ^ b]lv !@ dlxgf ;Dddf !=@% k|ltzt
ljqmL u/]sf] !@ b]lv !* dlxgf ;Dddf !=)) k|ltzt
ljqmL u/]sf] !* b]lv @$ dlxgf ;Dddf )=&% k|ltzt
of]hgfsf OsfO{x?sf] k'g{vl/b tyf laqmL ubf{ tTkZrft s'g} z'Ns gnfUg] .
-r_ nfUg] z'NsM of] z'Ns k'g{vl/b d'Nodf s§f ul/ afFsL /sd k|bfg ul/g]5 .
;fd"lxs nufgL sf]if lgb]{lzsf, @)^( df ePsf] Joj:yf cg';f/ ljt/s dfkm{t
OsfO{sf] vl/b ug{ ;lsg] x'Fbf ljt/snfO{ e'QmfgL ug'{kg{] sf/f]af/ z'Ns ljt/s
;Fusf] ;Demf}tfdf pNn]v ePadf]lhd x'g]5 .
OsfO{ vl/b stf{x?sf] xsdf pQm /sd a/fa/sf] OsfO{x? ;DalGwt
OsfO{wgLsf] lxtu|fxL vftfdf k7fOg]5 .
laqmL d'Nosf] lx;fj M
nufgLstf{x?n] o; of]hgfsf] OsfO{ vl/b ubf{ nfUg] d'No nfu' v'b ;DklQsf]
d'Nosf] cfwf/df ul/g]5 .
kg{vl/b d'No M
-5_ vl/b÷kg{/vl/b d'No lgwf{/0f ljlw M nufgLstf{x?n] o; of]hgsf] OsfO{ laqmL ubf{ nfUg] d'No nfu' v'b ;DklQsf]
d'Nosf] cfwf/df ul/g]5 . laqmL d'No lgwf{/0f ubf{ v'b ;DklQ d'Nodf jlx{udg
z'Ns ;d]t 36fOg]5 . pbx/0fsf] nflu obL v'b ;DklQ d'No ?=!! ePsf]
cj:yfdf lgDg cg';f/ k'gv{l/bb/ lgwf{/0f ul/g] 5 .
sfod v'b xf]lN8ª cjlw jlx{udg z'Ns k'gv{l/b b/
;Dklt d'No -dlxgfdf_ z'Ns -b/_ -?=_ -z'Ns s§L kZrft_
28
 !!=)) laqmL u/]sf ldltn] ^ )=!^%
dlxgf ;Dd !=%% 10.835
!!=)) ^ b]lv !@ dlxgf ;Dd !=@%% )=!#* 10.863
!!=)) !@ b]lv !* dlxgf ;Dd !% )=!! 10.89
!!=)) !* b]lv @$ dlxgf ;Dd )=&%% )=)*# 10.918
!!=)) @$ dlxgf eGbf dfly – – 11.00
laqmL ubf{ v'b ;DklQsf] d'No M
-s_ obL l/tk'j{s cfj]bg # ah] leq k|fKt x'G5 eg]M– pQm lbgsf] aGb ePsf]
v'b ;DklQ d'No sfod x'g]5 .
-v_ obL l/tk'j{s cfj]bg # ah] kZrft k|fKt x'G5 eg]M– csf]{ sfo{ lbgsf] aGb
ePsf] v'b ;DklQ d'No sfod x'g]5 .
sf/f]jf/ ;do tyf sfod x'g] nfu' v'b
;DklQ d'No M kgv{l/b ubf{ v'b ;DklQsf] d'No M
-h_ -s_ obL l/tk'j{s cfj]bg # ah] leq k|fKt x'G5 eg]M– pQm lbgsf] aGb ePsf]
v'b ;DklQ d'No sfod x'g]5 .
-v_ obL l/tk'j{s cfj]bg # ah] kZrft k|fKt x'G5 eg]M– csf]{ sfo{ lbgsf] aGb
ePsf] v'b ;DklQ d'No sfod x'g]5 .
lgoldt of]hgf (Regular Plan) M
of] of]hgf cGtu{t OsfO{df nufgL ug]{ nufgLstf{x?n] cfkm\gf] nufgL
cflwsf/Ls ljt/s dfkm{t lgoldt ?kdf nufgL ug{ ;Sg]5g . h;cGtu{t
nufgLstf{x?n] lgoldt ?kdf lglZrt /sd nufgL ub}{ hfg ;Sg]5g .
-em_ of]hgfdf ;xefuL x'g] dfWod
k|ToIf of]hgf (Direct Plan) M
of] of]hgf cGtu{t OsfO{df nufgL ug{ rfxg] nufgLstf{x?n] l;w} sf]if
Joj:yfks dfkm{t nufgL ug{ ;Sg]5g . o; of]hgf cGtu{t nufgLstf{x?n]
;f]em} sf]if Joj:yfks dfkm{t OsfO{x? vl/b ug{ ;Sg]5g .
k|ToIf of]hgf (Direct Plan) : o; of]hgf cGtu{t sf/f]jf/ z'Ns gnfUg] .
lgoldt of]hgf (Regular Plan) : o; of]hgfsf] OsfO{ vl/b÷laqmL ubf{
;fd"lxs nufgL sf]if lgb]{lzsf, @)^( df ePsf] Joj:yf cg';f/ ljt/s dfkm{t
-`_ sf/f]jf/ z'Ns ;DaGwL ljj/0f M OsfO{sf] vl/b÷laqmL ug{ ;lsg] x'Fbf ljt/snfO{ e'QmfgL ug'{kg{] sf/f]af/ z'Ns
ljt/s ;Fusf] ;Demf}tfdf pNn]v ePadf]lhd x'g]5 .
OsfO{ vl/b stf{x?sf] xsdf pQm /sd a/fa/sf] OsfO{x? ;DalGwt
OsfO{wgLsf] lxtu|fxL vftfdf k7fOg]5 .
gf]6M eljiodf g]kfn lwtf]kq af]8{af6 :jLs[lt lnO{ Systematic Investment Plan (SIP), Systematic Withdrawal Plan
(SWP): tyf lwtf]kq af]8{n] v'nfd'vL of]hgfsf] ;DaGwdf cGo s'g} ljz]if Joj:yf u/]sf] cj:yfdf pQm ;'ljwfx? yk ug{ ;lsg]5 .

*;fwf/0ftof of] of]hgf v'nfd'vL of]hgf ePsf] x'gfn] lg/Gt/ rln/xG5 . tyfkL ;fd"lxs nufgL sf]if lgodfjnL, @)^& sf] lgod
#! sf] pklgod -!_ sf] v08 -v_ -u_ / -3_ adf]lhd jf of]hgf Aoj:yfksn] sf]if ;"kl/j]Ifssf] ;xdltdf of]hgfsf] s'n /sdsf]
sDtLdf krxQ/ k|ltzt /sdsf] k|ltlglwTj x'g] u/L sDtLdf krf; k|ltzt ;xefuLsf] :jLs[ltdf :j]R5fn] ;d]t of]hgf vf/]h x'g
;Sg]5 . of]hgf vf/]h x'Fbfsf] avtdf ckgfOg] k|lqmof ;fd"lxs nufgL sf]if lgodfjnL tyf lgb]{lzsfdf ePsf] Joj:yf adf]lhd x'g]5 .
*=@= of]hgfsf] p2]Zo M
of]hgfn] OsfO{ laqmLaf6 ;+slnt /sd of]hgf Joj:yfksn] bIftfk"j{s ;fd"lxs nfugL sf]if lgodfjnLn] tf]s]sf] nufgLsf If]qx?
h:t} lwtf]kq tyf d'b|f ahf/df nufgL u/L of]hgfsf nufgLstf{x?nfO{ plrt k|ltkmn lbg'sf ;fy} v'nfd'vL of]hgfsf ;DaGwdf
;j{;fwf/0fx?df hgr]tgf clea[l4 ul/ ;j{;fwf/0fx?df 5l/P/ a;]sf] ;–;fgf] /sd ;d]t ;+sng ul/ ;+slnt /sdsf] dfWodaf6
lwtf]kq tyf d'b|f ahf/sf] lbuf] ljsf;df ;d]t Ps ;+:yfut nufgLstf{sf] x}l;otdf ;xof]u k'¥ofO{ OsfO{df nfugL ug]{
nufgLstf{x?nfO{ clwstd k|ltkmn k|bfg ug]{ p2]Zosf ;fy o; of]hgfsf] OsfO{x? lgisf;g ul/Psf] xf] .

*=#= of]hgfn] nufgL ug]{ If]q M

!= af]8{df btf{ ePsf] lwtf]kq .
@= ;fj{hlgs lgisf;g ePsf] lwtf]kq .
#= lwtf]kq lalgdo ahf/df ;"rLs[t ;+ul7t ;+:yfx?sf] lwtf]kq .
29
 $= g]kfn ;/sf/n] hf/L u/]sf] jf g]kfn ;/sf/sf] hdfgt jf k'0f{ ;'/lIft x'g] u/L ;/sf/L :jfldTj jf lgoGq0fdf /x]sf] s'g} ;+:yf
jf g]kfn /fi6« a+}sn] hf/L u/]sf] C0fkq, 6]«h/L ljn tyf d'b|f ahf/sf cGo ;fwgx? .
%= a+s
} tyf ljQLo ;+:yfdf lgIf]k .
^= d'b|f ahf/ pks/0f .
&= af]8{n] tf]lslbPsf] cGo If]q .
dfly pNn]lvt If]qdf nufgL ubf{ lgodfjnLsf] Joj:yfnfO{ dWo]gh/ u/L /fd|f] k|ltkmn b]lvPdf s'g} Ps If]qsf] nufgLnfO{ cGo
If]qdf ;fg{ ;lsg]5 . t/ntf k|bfg ug]{ p2]Zon] Joj:yf ul/Psf] jf nufgL e}g;s]sf] cj:yfdf /x]sf] /sdnfO{ nufgLstf{sf] lxt
tyf hf]lvd cj:yfnfO{ dWo]gh/ u/L slDtdf /fli6«o:t/sf a}+s ljlQo;+:yfdf ;s];Dd a9L Jofh cfpg] u/L rlNt vftfs} k|s[lt
/x]sf t/ Jofh ;d]t k|fKt ug{ ;lsg] sn Psfp06df /fVg] Joj:yf ul/g]5 .

of]hgfsf] nufgLdf Conflict of Interest Joj:yfkg M

Pg cfO{ ;L Plzof a}+s Do'r'cn km08 cGtu{t ;+rfng x'g] k|To]s of]hgfsf] bIf nufgL Joj:yfkg tyf Conflict of Interest
Joj:yfkgsf] b[li6sf]0fn] k|To]s of]hgfx?sf] kf]6{kmf]lnof] lgdf{0fsf] lhDd]jf/L 5'§f5'§} of]hgf clws[t tf]lsg]5 . h;n] cg';Gwfg
ljefuaf6 k|fKt cfwf/e"t ljZn]if0f k|ltj]bg (Fundamental Analysis Report) / k|fljlws ljZn]if0f k|ltj]bg (Technical
Analysis Report) sf] cfwf/df ahf/sf] cj:yf x]l/ ;f]lx cg'?k cfjlws nufgL of]hgf (Periodic Investment Plan) tof/
ug]{5g\ . o;/L tof/ ul/Psf] nufgL of]hgfnfO{ nufgL gLlt adf]lhd cfjZostf cg';f/ k|d'v sfo{sf/L clws[t÷nufgL tyf hf]lvd
Joj:yfkg ;ldlt÷;+rfns ;ldlt tx;Dd k'¥ofO{ cfjZostf cg';f/ kl/dfh{g tyf :jLs[t u/L nufgL ljefu cGtu{tsf] nufgL
l8lnª÷s:6f]l8on zfvf dfkm{t sfof{Gjog ul/g]5 . cfjlws nufgL of]hgfsf] sfof{Gjogdf s'g} sl7gfO{ pTkGg ePdf jf ahf/sf]
cj:yf adf]lhd k'g/fjnf]sg ug'{kg]{ cfjZostf b]lvPdf nufgL ljefun] ;DalGwt of]hgf Joj:yfkg clws[tnfO{ hfgsf/L u/fpg]5
h;n] cfjZostf cg';f/ kl/dfh{g k|s[of cufl8 a9fpg]5 . o;/L tof/ ul/Psf] cfjlws nufgL of]hgf Do'r'cn km08 ;km\6j]o/df
k|ljli6 u/L ;f] cg';f/ ePsf] sf/f]jf/nfO{ ;d]t sf/f]jf/ ePs} lbg leq ;km\6j]o/df k|ljli6 ul/g]5 . o;/L 5'§f5'§} of]hgfsf]
Joj:yfkgsf] z'? txdf g} 5'§f5'§} clwsf/LnfO{ lhDd]jf/L lbO{ To; k|s[ofaf6 pTkGg lgisif{sf] sfof{Gjogdf k'g M csf]{ :jtGq
ljefunfO{ lqmoflzn u/fO{ nufgL Joj:yfkg tyf Conflict of Interest Joj:yfkg ul/g]5 . o;sf ;fy} k|To]s of]hgfsf nflu
5'§f5'§} n]vfkl/Ifs lgo'lQm ug]{, of]hgfsf] nufgL cg'?ksf nufgL k|df0fkq btf{ lstfj k|of]u u/L ;'/lIft / 5'§f5'§} eN6df /fVg],
sf/f]jf/af6 k|fKt gub l;w} Psfp06k]oL r]s dfkm{t k|To]s of]hgfsf] vftfdf l;w} hDdf ug]{ h:tf Joj:yf ul/g]5 . k|To]s of]hgfsf]
x/]s sfdsf/jfxLsf] ljj/0f dfl;s ?kdf sf]if ;'kl/j]Ifs ;dIf k]z ug{ h:yf Joj:yf ldnfO{Psf] x'bf o; lnld6]8af6 ;+rflnt
of]hgfx? aLh conflict of Interest g/xg] p23f]if0f ub{5f}+ .
*=$= ljb]zdf nufgL ug]{ eP ;f] ;DaGwL Joj:yf M
o; of]hgfsf] /sdnfO{ xfn ljb]zdf nufgL ug{] s'g} of]hgf g/x]sf] ePtf klg eljiodf pknAw cj;/sf] cWoog u/L lgofds
lgsfoaf6 cfjZos :jLs[lt lnO{ lgodfjnLsf] Joj:yf adf]lhd ljb]zdf nufgL ug{ ;lsg] .
*=%= of]hgfsf] ljQLo k|If]k0f ;DaGwL ljj/0f M
s= k|If]lkt jf;nft
ljj/0f jif{ ! jif{ @ jif{ # jif{ $ jif{ %
sf]ifsf >f]tx?
OsfO{wgLx?sf] sf]if
OsfO{ k"FhL
290,000,000 342,200,000 431,172,000 582,082,200 785,810,970

jrt tyf hu]8f 747,109 2,482,099 5,754,855 10,821,751 19,095,016

hDdf 290,747,109 344,682,099 436,926,855 592,903,951 804,905,986

sf]if pkof]u
!= nufgL 261,000,000 308,560,470 391,317,731 530,368,518 717,064,651
;"lrs[t lwtf]kq tyf 58,000,000 69,020,470 89,497,331 122,910,978 166,996,972
k|fyld{s÷xsk|b z]o/
lglZrt cfDbfgL 203,000,000 239,540,000 301,820,400 407,457,540 550,067,679
pks/0f
@= rfn' ;DkQL 33,986,230 41,146,992 52,066,788 71,341,248 99,756,943

a}s
+ df}Hbft 30,651,230 36,833,213 46,473,205 63,659,312 89,319,632
3,219,000 4,037,697 5,235,594 7,190,292 9,769,323
Aofkfl/s cf;fdL
116,000 276,082 357,989 491,644 667,988
clu|d e'QmfgL tyf
30
k]ZsL
@= rfn' bfloTj 4,239,120 5,025,363 6,457,664 8,805,815 11,915,608
of]hgfsf] vr{x? 142,000 147,510 157,749 174,455 196,498

Aofkfl/s bfloTj 2,900,000 3,451,023 4,474,867 6,145,549 8,349,849

of]hgf Aoj:yfkg,
l8kf]lh6/L tyf
;'kl/j]If0f 1,197,120 1,426,829 1,825,048 2,485,810 3,369,261
z'Ns bfloTj
s"n v -!+@-#_ 290,747,109 344,682,099 436,926,855 592,903,951 804,905,986

v= k|If]lkt gfkmf gf]S;fg lx;fa

ljj/0f jif{ ! jif{ @ jif{ # jif{ $ jif{ %
cfDbfgL -s_
k|fKt eO;s]sf cfDbfgLx?

Aofh cfDbfgL 21,441,250 24,889,871 31,769,351 43,466,141 58,834,946

nfef+z cfDbfgL 580,000 1,380,409 1,789,947 2,458,220 3,339,939

k"FhLut nfe 8,236,000 10,284,050 13,335,102 18,313,736 24,882,549

cGo cfox? 150,000 522,000 718,620 970,137 1,309,685
hDd 30,407,250 37,076,331 47,613,020 65,208,234 88,367,119
k|fKt x'g afFsL cfDbfgLx?

bf];|f] ahf/ / k|fylds nufgL

lwtf]kqx?sf] d'No j[l4 2,494,000 3,174,942 4,116,877 5,653,905 7,681,861
hDd 2,494,000 3,174,942 4,116,877 5,653,905 7,681,861
s"n s 32,901,250 40,251,272 51,729,897 70,862,139 96,048,980
vr{x? -v_
km08 lgisf;g ;DaGwL 1
vr{ 3,199,100 902,000 992,200 1,691,420 1,200,562
jflif{s lgoldt vr{ 368,000 395,551 446,743 530,277 690,492
of]hgf Aoj:yfkg z'Ns 4,489,201 5,350,610 6,843,931 9,321,789 12,634,728
l8kf]lh6/L z'Ns 299,280 356,707 456,262 621,453 842,315
sf]if ;"kl/j]If0f z'Ns 598,560 713,415 912,524 1,242,905 1,684,630
s"n -v_ 8,954,141 7,718,283 9,651,661 13,407,845 17,052,728
v'b cfo÷-Joo_ -s-v_ 23,947,109 32,532,990 42,078,236 57,454,294 78,996,252
k"g nufgLsf] nflu 5'§fOPsf]
gfkmf 747,109 1,734,990 3,272,756 5,066,896 8,273,264
nufgLsf] nflu nfe
ljlgof]hg 23,200,000 30,798,000 38,805,480 52,387,398 70,722,987

u= k|If]lkt gub k|jfxsf] ljj/0f

ljj/0f jif{ ! jif{ @ jif{ # jif{ $ jif{ %
S sf/f]jf/ ;~rfngjf6 gub k|jfx
! gub k|flKt 32,901,250 40,251,272 51,729,897 70,862,139 96,048,980

@ gub e'QmfgL (8,954,141) (7,718,283) (9,651,661) (13,407,845) (17,052,728)

sfo{ut k"FhL (Working Capital) 23,947,109 32,532,990 42,078,236 57,454,294 78,996,252

ultljlw cl3sf] gub k|jfx

31
 ;~rfng ;DaGwL rfn' (3,335,000) (978,779) (1,279,804) (2,088,353) (2,755,375)
!
;DklQdf sdL÷a[l4
;~rfng ;DjGwL rfn'
@ bfoLTjdf -sdL_÷ 4,239,120 786,243 1,432,301 2,348,151 3,109,793
a[l4
sf/f]jf/ ;~rfngjf6 s'n gub 24,851,230 32,340,453 42,230,733 57,714,092 79,350,670
k|jfx -!_
V nufgL sf/f]jf/jf6 s'n gub k|jfx
(58,000,000) (11,020,470) (20,476,861) (33,413,648) (44,085,994)
! lwtf]kq nufgLdf
(203,000,000) (36,540,000) (62,280,400) (105,637,140) (142,610,139)
@ l:y/ ;DklQdf
- - - - -
# cGo nufgLdf sdL
nufgL sf/f]jf/jf6 s'n gub (261,000,000) (47,560,470) (82,757,261) (139,050,788) (186,696,133)
k|jfx -@_
U ljQLo >f]t sf/f]jf/jf6 gub k|jfx
OsfO{ k"FhLdf -sdL_÷ 290,000,000 52,200,000 88,972,000 150,910,200 203,728,770
!
a[l4
(23,200,000) (30,798,000) (38,805,480) (52,387,398) (70,722,987)
@ nfe+fz e'QmfgL
ljQLo >f]t sf/f]jf/jf6 s'n 266,800,000 21,402,000 50,166,520 98,522,802 133,005,783
gub k|jfx -#_
30,651,230 6,181,983 9,639,992 17,186,107 25,660,320
v'b gub k|efx -s±v±u_
gub tyf a}+sdf /x]sf] z'? - 30,651,230 36,833,213 46,473,205 63,659,312
Dff}Hbft
gub tyf a}s+ df /x]sf] clGtd 30,651,230 36,833,213 46,473,205 63,659,312 89,319,632
Dff}Hbft

3= k|If]lkt k|lt OsfO{ v'b ;DklQ d"Nosf] u0fgf tyf ljQLo cg'kft ;DaGwL
ljj/0f jif{ ! jif{ @ jif{ # jif{ $ jif{ %
btf{xg' ] OsfO{ ;+Vof 50,000,000 50,000,000 50,000,000 50,000,000 100,000,000

-s_ jif{cGtdf sfod OsfO{ 29,000,000 34,220,000 43,117,200 58,208,220 78,581,097

-v_ cg'dflgt /sd ;+sng 300,000,000 380,592,066 505,366,910 705,823,516 957,760,395

-u_ cg'dflgt nufgL of]Uo

sf]if 290,000,000 345,102,349 447,486,654 614,554,891 834,984,860

;fwf/0f z]o/ -@)%) 58,000,000 69,020,470 89,497,331 122,910,978 166,996,972

sf/f]jf/ k|of]hg -!)%_ 29,000,000 34,510,235 44,748,665 61,455,489 83,498,486

lb3{sflng k"FhLut nfe 29,000,000 34,510,235 44,748,665 61,455,489 83,498,486

k|of]hg -!)%_
lglZrt cfDbfgL pks/0f 203,000,000 239,540,000 301,820,400 407,457,540 550,067,679
43,500,000 51,330,000 64,675,800 87,312,330 117,871,646
a}+s d'4lt -!%%)
159,500,000 188,210,000 237,144,600 320,145,210 432,196,034
af]08÷l8a]Gr/
-^%%)
;~rfng a}+s 29,000,000 36,541,879 56,168,923 84,186,373 117,920,209
vftf

32
nufgL gul/Psf] ;+slnt 10,000,000 35,489,717 57,880,256 91,268,624 122,775,535
/sd
-3_ of]hgfsf] cg'dflgt 32,901,250 40,251,272 51,729,897 70,862,139 96,048,980
cfo
11,310,000 14,839,401 19,241,926 26,425,860 35,904,349
;"lrs[t lwtf]kq
580,000 1,380,409 1,789,947 2,458,220 3,339,939
gub nfef+z $%
580,000 1,380,409 1,789,947 2,458,220 3,339,939
af]g; nfef+z 4%

k"FhLut nfe÷d'Noa[l4

4,350,000 5,176,535 6,712,300 9,218,323 12,524,773

sf/f]jf/ k|of]hg 15%

lb3{sflng k"FhLut nfe x'g 5,800,000 6,902,047 8,949,733 12,291,098 16,699,697

ul/ nufgL 20%
4,132,500 4,876,350 6,144,201 8,294,671 11,197,806
a}+s d'4lt (=%%
16,348,750 19,291,525 24,307,322 32,814,884 44,300,093
af]08÷l8a]Gr/ !)=@%%
960,000 721,996 1,317,828 2,356,586 3,337,046
;~rfng a}+s vftf 4%

150,000 522,000 718,620 970,137 1,309,685

PlSh6 nf]8 !=% %
-ª_ of]hgfsf] cg'dflgt 3,567,100 1,297,551 1,438,943 2,221,697 1,891,054
Joo
!= of]hgf btf{, lgisf;g 3,199,100 902,000 992,200 1,691,420 1,200,562
tyf ;"lrs/0f vr{
500,000 - - 500,000 -
of]hgf btf{ z'Ns
11,300
of]hgf k|If]k0f n]vfkl/If0f
- - - -
z'Ns
400,000 - - - -
lgisf;g vr{
2,187,800 902,000 992,200 1,091,420 1,200,562
lj1fkg vr{
100,000 100,000
;"lrs/0f z'Ns -l;l8P;_
368,000 395,551 446,743 530,277 690,492
jflif{s lgoldt vr{
;"lrs/0f÷gljs/0f z'Ns - 50,000 50,000 50,000 50,000 100,000
l;l8P;_
113,000 113,000 113,000 113,000 113,000
n]vfkl/If0f z'Ns
145,000 172,551 223,743 307,277 417,492
k|sfzg vr{
10,000 10,000 10,000 10,000 10,000
a}+s tyf lgIf]k ;b:o z'Ns
klxnf] NAV k|dfl0fs/0f - - - - -
z'Ns
50,000 50,000 50,000 50,000 50,000
sfg"gL z'Ns
r= of]hgfsf] cg'dflgt v'b
cfo 29,334,150 38,953,721 50,290,954 68,640,441 94,157,925
-u-3_

33
 - - - - -
5= C0f tyf bfloTj
h= of]hgfsf] s'n v'b
;DkQL 319,334,150 381,153,721 481,462,954 650,722,641 879,968,895
(Gross NAV) -v+r_
em=of]hgf Joj:yfks z'Ns
-!=%%) 4,489,201 5,350,610 6,843,931 9,321,789 12,634,728

299,280 356,707 456,262 621,453 842,315

l8kf]lh6/L z'Ns
598,560 713,415 912,524 1,242,905 1,684,630
`= km08 ;'k/efOh/ z'Ns
313,947,109 374,732,990 473,250,236 639,536,494 864,807,222
t= v'b ;DkQL (NAV)
y= v'b ;DkQL k|lt OsfO{
(NAV per 10.83 10.95 10.98 10.99 11.01
Unit)-t÷s_
23,200,000 30,798,000 38,805,480 52,387,398 70,722,987
k|:tfljt nfefFz
b=nufgLsf] nflu nfe 747,109 1,734,990 3,272,756 5,066,896 8,273,264
ljlgof]hg
0.80 0.90 0.90 1.00 1.00
nfefFz k|lt OsfO{

k|yd jif{ b]lv kfFrf}+ jif{;Dd k|If]lkt k|lt OsfO{ v'b ;DklQ d"No ? qmdz M
ljj/0f jif{ ! jif{ @ jif{ # jif{ $ jif{ %
k|lt O{sfO{ v'b ;DklQ 10.83 10.95 10.98 10.99 11.01

ª = ljQLo k|If]k0fsf cfwf/x? M

!= of]hgfsf] ;DklQsf] afF8kmfF6
ljj/0f jif{ ! jif{ @ jif{ # jif{ $ jif{ %
!= l:y/ cfo x'g] If]q (%)* 15 15 15 15 15
@=a08 l8a]Gr/, d'b|f ahf/ pks/0f dfu tyf cNk ;'rgfdf k|fKt x'g] /sd 65 65 65 65 65
(%)**
#= k|fylds tyf bf]>f] ahf/df nufgL (%)*** 20 20 20 20 20

hDdf 100% 100% 100% 100% 100%

*a}+s tyf ljQLo ;+:yfdf d'¢lt lgIf]kdf nufgL ul/g] .
**;fj{hlgs lgisf;g dfkm{t hf/L u/]sf] tyf ;"lrs[t C0fkq / a}+s lgIf]kdf nufgL ul/g] .
***;fj{hlgs lgisf;g dfkm{t hf/L ul/g] ;fwf/0f z]o/ tyf ;"lrs[t sDkgLx?sf] z]o/ .
Gff]6M dfly pNn]lvt ljQLo ljj/0f k|If]k0f tyf ;f]sf] cfwf/x? ;fd"lxs nufgL sf]if lgodfjnL, @)^& sf] lgod #^ sf] pklgod ! /
@ sf] nufgL tf]lsPsf] l;df leq /x]sf] 5 . ;fy}, of] of]hgfsf] /sd lgoldt ?kdf nufgL ubf{ ;fd"lxs nufgL sf]if lgodfjnL,
@)^& sf] lgod #^ sf] pklgod ! / @ sf] nufgL ;Ldfsf] clwgdf /xg] ul/ km]/abn ug{ ;lsg] 5 .

@= z'Ns tyf vr{x? -of]hgf lgisf;g tyf lgoldt_

– of]hgf btf{ z'Ns M of]hgfsf] )=!Ü jf Go"gtd % nfv dfq
– n]vfk/LIf0f z'Ns M ?=!,!#,)))÷–s/ ;lxt
– lgoldt ;"rgf k|sfzg z'Ns M cg'dflgt nufgL of]Uo /sdsf] )=)%Ü sf] b/n] . jf:tljstfdf ;f] vr{ km/s kg{ ;Sg]5 .
– sfg'gL k/fdz{ z'Ns M klxnf] jif{ ?=%) xhf/ k|lt jif{ .

34
–l;l8P; P08 lSnol/Ë lnld6]8df ;"lrs/0f z"Ns M
OsfO{ btf{ z'Ns ;km\6j]o/ dd{t z'Ns -jflif{s_ jflif{s gljs/0f z'Ns jf ;do ;dodf
lgofds lgsfon]
tf]s] adf]lhd
;"lrs/0f ug]{ ;dodf sfod s'n of]hgfsf]
)=)@Ü jf Go"gtd ?=%),)))÷– ?=@),)))÷– ?=%),)))÷–

lgisf;g ;DaGwL cGo z"Ns ;DaGwL ljj/0f M

qm=;+= z"Ns ;DaGwL ljj/0f /sd -?=_ s}lkmot
! lgisf;g z"Ns -)=@Ü_ $,)),)))÷– xfn sfod cg';f/
@ OsfO{ afF8kmfF6, lj1fkg tyf 5kfO{ vr{ @!,*&,*))÷– l6le, Pkm Pd /]l8of], cgnfOg tyf kq klqsf
# k|If]k0f z'Ns !!,#))÷–
$ ;km\6j]o/ h8fg tyf Customization z"Ns !,)),))) ÷–
hDdf @^,((,!))÷–

#= k|If]lkt k|ltkmn M
ljj/0f jif{ ! jif{ @ jif{ # jif{ $ jif{ %
!= nfefFz e'QmfgL (%) 8% 9% 9% 10% 10%
dfly pNn]lvt k|If]lkt ljj/0fx? of]hgf Joj:yfks sDkgL >L Pg cfO{ ;L Plzof Soflk6n lnld6]8, aa/dxn, sf7df08f}n] tof/
u/]sf] xf] . ;f]sf] k'g/fjnf]sg >L cf/ s] P;f]l;P6\; rf6{8 Psfp06]06 Pkm=l;=P÷ l;=P= /ljg s'df/ >]i7Ho"n] ug'{ ePsf] xf] .

*=^ of]hgfsf] vr{ ;DaGwL ljj/0f M

of]hgfsf] vr{ ;DaGwL ljj/0f b]xfocg';f/ /x]sf] 5 M
-s_ of]hgf lgisf;gsf nflu ul/g] vr{
lgodfjnLsf] Joj:yf adf]lhd af]8{df of]hgf btf{ ubf{ nfUg] z'Ns, qm]l86 /]l6Ë, ;"rgf k|sfzg, OsfO{sf] afF8kmfF6, of]hgfsf]
k|rf/ k|;f/ tyf lgisf;g;+u cfj4 cGo vr{x? ;dfj]; x'g]5 .
-v_ of]hgfsf] lgoldt vr{
!= nufgL Joj:yfkg z'Ns M b}lgs sfod ePsf] v'b ;DklQ d"Nosf] q}dfl;s cf}ift sfod u/L q}dfl;s ?kdf v'b ;DklQ d"Nosf]]
!=% k|ltzt x'g]5 .
@= sf]if ;'kl/j]Ifs z'Ns M lgodfjnLsf] lgod @# sf] pklgod -@_ sf] clwgdf /lx q}df;ls ?kdf sfod x'g] v'b ;DklQ d"Nosf]
)=!) k|ltzt .
#= l8kf]lh6/L z'Ns M of]hgfsf] q}dfl;s ?kdf sfod x'g] v'b ;DklQ d"Nosf] )=@) k|ltzt .
$= OsfO{ vl/b laqmLsf] Joj:yfkg u/] jfkt of]hgf Joj:yfks tyf ljt/sx?n] OsfO{wgLx?af6 Exit Load z'Ns !=% k|ltzt
;Dd x'g]5 . -cfjZostf cg';f/ g]kfn lwtf]kq af]8{sf] :jLs[t adf]lhd x]/km]/ x'g ;Sg]_
%= of]hgfsf] OsfO{ vl/b÷laqmL ubf{ ljt/snfO{ e'QmfgL ug'{kg{] sf/f]af/ z'Ns M ljt/s ;+usf] ;Demf}tf adf]lhd x'g]5 .
l8kf]lh6/L cGt/u{t lgDg sfo{x? ;Dkfbg u/]afktsf] z'Ns ;dfj]; ul/Psf] 5 .
-s_ OsfO{wgLsf] clen]v /fVg] tyf vl/b laqmL ePsf OsfO{wgLx?sf] gfd;f/L ;DaGwL sfo{ ug]{ .
-v_ of]hgf cGtu{tsf] lwtf]kq ;'/Iff k"js
{ /fVg] .
-u_ Do'r'cn km08 cGtu{tsf] lwtf]kqdf nufgLaf6 k|fKt nfefFz jf cGo cfDbfgL ;+sng ug]{ tyf ;f]sf] clen]v /fVg] .
-3_ af]8{n] tf]lslbP adf]lhdsf cGo sfd ug]{ .

-u_ lgisf;g tyf ljqmL k|aGw z'Ns M of]hgfsf] )=@ k|ltzt sfod s'n /sdsf] .
lgisf;g tyf ljqmL k|aGw cGt/u{t lgDg sfo{x? ;Dkfbg u/]afktsf] z'Ns ;dfj]; ul/Psf] 5 .
-s_ ljj/0f kq tof/ ug]{ tyf ;f] ;+u ;DalGwt ;Dk"0f{ sfo{x? ug]{,
-v_ lgisf;g ul/g] lwtf]kq;Fu ;DalGwt ;"rgf tyf ljj/0fx? k|jfx ug]{,
-u_ lgisf;g tyf laqmL v'Nnf u/L /sd ;+sng ug]{,
-3_ lwtf]kqsf] afF8kmfF6 tyf afF8kmfF6df gk/]sf] cfj]bssf] /sd lkmtf{ ug]{,
-ª_ afF8kmfF6df sfod OsfO{ wlgn] k|fKt u/]sf] OsfO{ ;DalGwt cfj]bsn] pknAw u/fPsf] lxtu|fxL vftfdf hDdf ul/lbg] ,
;fy} af]8{n] tf]s]sf] cj:yfdf afx]ssf zLif{ssf cltl/Qm cGo zLif{sdf vr{ hgfOg] 5}g . vr{ hgfpg'kg]{ cj:yf cfPdf af]8{sf]
k"j{ :jLs[lt lnO{g]5 .
35
*=&= of]hgfsf] d'gfkmf ljt/0fsf] nIo M
of]hgfn] sdfPsf] v'b d'gfkmfsf] cg'kftdf OsfO{sf] c+lst d"Nosf]cfwf/df d'gfkmf ljt/0f ul/g]5 . v'b d'gfkmfaf6 d'gfkmf ljt/0f
s§fu/L afFsL /x]sf] /sd ;+lrt d'gfkmf (Retained Earning) k'gM nufgLsf nflu pkof]u ul/g]5 .
*=*= nufgL tyf nfef+zsf ;DaGwdf nfu' x'g] s/ ;DaGwL Joj:yf M
k|rlnt sfg'gn] lgwf{/0f u/] adf]lhd x'g]5 .
*=(= of]]hgfsf O{{sfOx? csf]{] of]hgfdf x:tfGt/0f x''g]÷gx'g] s'/f / x'g] ePdf ;f]sf] k|lqmof M
of]hgfsf O{sfO{x? csf]{ of]hgfdf x:tfGt/0f x'g] Aoa:yf gePsf] .

*=!)= v'b ;DklQ d"No u0fgf tyf ;f]sf] k|sfzg ;DaGwL Joj:yf M

-s_ v''b ;DklQ d""No u0fgf ug{]{ ljlw (Net Assest Value) :
of]hgfsf] s'n nufgLsf] d"Nodf of]hgfsf] vr{ s6fO{ v'b ;DkQL d"No u0fgf ul/g]5 . o;/L u0fgf ug{sf nflu
b]xfocg';fsf] ;lds/0f k|of]u ul/g]5 .
k|ltOsfO{ v'b ;DklQ d"NofÍg ldltdf nufgLsf] d"No ± k|ltkmn ± cGo cfo – bfloTj tyf cGo ckn]vg gul/Psf] :yug tyf ljljw vr{
d"No (NAV) Ö d"NofÍg ldltdf of]hgf cGtu{tsf] s'n OsfO{ ;+Vof
-v_ v'b ;DklQ d"No k|sfzg ;DaGwL Joj:yf M
of]hgfsf OsfO{x? laqmL aGb ePsf] Ps dlxgf lbg leq of]hgf Joj:yfksn] k|yd v'b ;DkQL d"No lgwf{/0f u/L ;fj{hlgs ug]{5
. tTkZrft\ ;fd"lxs nufgL sf]if lgodfjnL, @)^& sf] Joj:yf adf]lhd b}lgs vl/b ljqmLnfO{ ;xh t'Nofpg b}lgs ?kdf v'b
;DkQL d"No u0fgf u/L of]hgf Joj:yfkssf] j]j;fO{6 dfkm{t ;fj{hlgs ?kdf hfgsf/L u/fO{g]5 . ;fy} of]hgf Joj:yfksn]
of]hgfsf] nufgLsf] ljj/0f dfl;s÷q}dfl;s ?kdf cfKfm\gf] j]a;fO{6df /fvL ;fj{hlgs ug]{ tyf jflif{s ?kdf of]hgfsf] n]vfkl/If0f
u/fO{ ;f] ;DaGwL ljj/0f ;fj{hlgs ug]{5 . v'b ;DkQL d"No tyf of]hgfsf] sfo{;Dkfbg ;DaGwL ljj/0f ;fj{hlgs ug]{ ;DaGwdf
k|rlnt sfg"g tyf g]kfn lwtf]kq af]8{sf] lgb]{zg adf]lhd ul/g] 5 .
*=!! of]hgfdf cGtlg{lxt hf]lvd tyf ;f]sf] Joj:yfkgsf] nflu Joj:yfkgsf] wf/0ff M
-s_ ;fdfGo hf]lvd tTjx? M
-!_ ;fd"lxs nufgL sf]ifdf ul/g] nufgL lwtf]kq ahf/sf] hf]lvd;Fu e/kg]{ x'Fbf gfkmf x'g] tyf ;xefuLn] lnPsf] p2]Zo k"/f x'g]
s'/fsf] s'g} lglZrttf gx'g] ;DaGwdf M
;fd"lxs nufgL sf]if cGtu{t o; of]hgfsf] nufgL lwtf]kq tyf d'b|f ahf/ nufot cGo ljleGg If]qdf k|jfx ul/g] x'Fbf lwtf]kq
tyf d'b|f ahf/sf] To:tf] nufgLdf lglxt hf]lvdn] of]hgfsf] nufgLsf] k|ltkmndf k|ToIf c;/ kb{5 .
-@_ lwtf]kqdf x'g] nufgL h:t} of]hgfsf] OsfO{x?sf] v'b ;DklQ d"No ahf/ d"Nosf] cfwf/df 36a9 x'g] ;DaGwdf M
of]hgfsf] v'b ;DklQ d"No of]hgfn] u/]sf] nufgLsf] d"NofÍgaf6 u0fgf ul/Psf] x'G5 . o;sf] nufgLdWo] lwtf]kq ahf/df
;"lrs[t lwtf]kqx?df u/]sf] nufgLsf] ;DklQ d"Nodf To:tf lwtf]kqsf] d"Nodf x'g] ptf/ r9fjn] k|efj kfg]{ tyf d'b|f ahf/df
ul/Psf] nufgLdf ;d]t ;do ;dodf Aofhb/df kl/jt{g eO{/xg] x'Fbf of]hgfsf] v'b ;DklQ d"Nodf ;d]t To;sf] k|ToIf k|efj
/xg] ub{5 / ;f]xL adf]lhd 36a9 x'g] ub{5 .
-#_ sf]if k|a4{s, ;'kl/j]Ifs jf of]hgf Joj:yfksx?sf] lautsf] sfo{n] lghx?sf] eljiosf] sfdsf] nflu lgb]{zg jf ;ª\s]t ub}g{
eGg] ;DaGwdfM of]hgf Joj:yfksn] ahf/sf] ljBdfg cj:yfsf] ljZn]if0f u/L :jtGq ?kdf of]hgfsf] ;~rfng tyf Joj:yfkg
ug]{ / k|rlnt sfg"g adf]lhd o;sf] lx;fj lstfj ;d]t 5'§} ?kdf /fVg] / ;f]sf] lgoldt l/kf]l6{Ë ug]{ ub{5 .
of]hgfsf] /sd nufgL ubf{ of]hgf Joj:yfkssf] bIftfn] of]hgfsf] sfo{ ;Dkfbgsf] :t/ (Performance Level) lgwf{/0f ug]{ eP
tfklg sf]if k|a4{s, of]hgf Joj:yfks tyf sf]if ;'kl/j]Ifssf] ljutsf] sfo{n] o; of]hgfsf] glthfnfO{ ;ª\s]t jf lgb]{zg ub}{g .
-$_ sf]if k|a4{sn] of]hgfdf s'g} xfgL gf]S;fgL ePdf ;f]sf] lhDd]jf/L lng] 5}g eGg] ;DaGwdf M
of]hgfsf] ;~rfng tyf Joj:yfkg k|rlnt sfg'gsf] clwgdf /xL of]hgf Joj:yfksn] g} ub{5 . of]hgfdf s'g} k|sf/sf] xfgL
gf]S;fgL ePdf ;f]sf] lhDd]jf/L sf]if k|a4{sn] lnb}g .
-%_ o; of]hgfn] eljiodf /fd|f] ug]{ / d'gfkmf lbg] s'/fsf] ;'lglZrttf ub}{g eGg] ;DaGwdf M
o; of]hgf cGt{ut OsfO{x? lgisf;g u/L ;+sng ul/Psf] /sd ljleGg If]qdf nufgL ul/G5 . of]hgf Joj:yfksn] cfˆgf]
bIftfsf] pkof]u u/L nufgL hf]lvd sd ug{] tyf d'gfkmf a[l4 ug{] ljifonfO{ b[li6ut u/L sf]ifsf] ;'–Joj:yfkg ug]{ ePtfklg
of]hgfn] eljiodf /fd|f] ug]{ jf d'gfkmf lbg] s'/fsf] ;l'glZrttf eg] ub{}g .

-v_ vf; hf]lvd tTjx? M

-!_ k|:t't of]hgf lglZrt ?kdf d'gfkmf lkmtf{ lbg] jf s'g} a}+s jf ladfaf6 d'gfkmfsf] ;'lglZrttf eP gePsf] s] xf] ;f] ;DaGwdf M
o; of]hgf cGtu{t nufgL ug]{ nufgLstf{x?n] OsfO{sf] c+lst d"Nodf k|To]s cfly{s jif{sf] cGtdf nufgL u/]sf] cfwf/df
of]hgfn] sdfPsf] v'b d'gfkmf cg'kftdf nfef+z kfpg] 5g\ . o;/L nfef+z lbFbf of]hgfnfO{ cfˆgf] nufgL jfkt k|fKt x'g] k"FhLut
36
 d'gfkmf, Jofh, nfef+z, z]o/ k|Tofe"lt sldzg jf ;DkQL sf] d"No j[l4 (Capital Gain) jf cGo ljQLo sf/f]jf/af6 ePsf]
cfDbfgLaf6 lbOg]5 . k|To]s cfly{s jif{df of]hgfn] v'b d'gfkmfaf6 nfef+z lbg] lg0f{o ug]{5 . v'b d'gfkmfaf6 nfef+z s§f u/L
afFsL /x]sf] /sd ;+lrt d'gfkmf (Retained Earning) /xg] 5 . of]hgfsf] sfo{ k|ultsf cfwf/df cfufdL jif{x?df cem a9L
nfef+z k|bfg ug{ ;lsg] 5 . s'g} jif{ of]hgfsf] cfDbfgLn] gk'u]df of]hgfsf] ;+lrt d'gfkmfaf6 nfef+z lbg ;lsg]5 tyflk
of]hgfn] x/]s jif{ lglZrt d'gfkmf lbg] ;'lglZrttf eg] /xFb}g .
-@_ of]hgf cGtu{tsf] nIo k|fKt ug{sf nflu c;/ kg]{ tTjx?df ;/sf/L gLltx?, ahf/sf] cj:yf, ahf/nfO{ c;/ kfg]{ tTjx?,
ahf/df kl/jt{g e}/xg] Jofh b/, Joj;fo u/Lg] lwtf]kqsf] ;+Vof, /fkm;fkm u/Lg] k2lt cflbn] c;/ kfg]{ ;DaGwdf M
;fd"lxs nufgL sf]if ;DaGwL sfg"gL Joj:yf tyf gLltx?df s'g} kl/jt{g ePdf of]hgf ;~rfng tyf ;f]sf] k|ltkmndf ;d]t
;f]xL cg'?k c;/ kg{] x'G5 . ;fy} ahf/sf] cj:yf, ahf/nfO{ c;/ kfg{] tTjx?n] ;d]t of]hgfdf c;/ kfg{] x'G5 . of]hgfn]
lwtf]kq ahf/df ;"lrs[t lwtf]kqdf nufgL ug{] / ahf/sf] cj:yf x]/L of]hgfsf] gfddf lwtf]kq v/Lb laqmL ug{] xF'bf ;f]sf]
/fkm;fkm k|s[ofn] of]hgfsf] /sd k|fKt ug{ nfUg] ;do lge{/ x'G5 . l9nf]u/L /sd k|fKt x'g] cj:yfdf pQm /sdaf6 cfh{g x'g
;Sg] Jofh cfDbfgLdf 36a9 x'g uO{ of]hgfsf] cfDbfgLdf c;/ kb{5 . lwtf]kqsf] v/Lb laqmLdf x'g] l9nfOn] ahf/ hf]lvd ;d]t
cfslif{t x'g ;Sb5 . ;fy} ;fdfGotof ljQLo If]qdf sfod x'g] Aofhb/ / lwtf]kqsf] nufgL aLr ljkl/t ;DaGw (Inverse
Relation) x'g] x'Fbf ;f]sf] c;/ of]hgfsf] v'b ;DklQ d"Nodf ;d]t kg{ ;Sb5 .

-#_ /]l6Ë sDkgLn] lbPsf] /fon] v'b ;DklQ d"Nosf] :yL/tfsf] ;'lglZrttf gug]{ s'/f ;DaGwdf M
/]l6Ë sDkgLn] u/]sf] /]l6Ë ;DaGwL sfo{ o; of]hgfsf] nflu geO{ sf]if k|a4{s / of]hgf Joj:yfkssf] nflu ePsfn] ;f] /]l6Ë
sDkgLn] lbPsf] /fon] v'b ;DklQ d"Nosf] :yL/tfsf] ;'lglZrttf ub}{g .
-$_ Aofhb/ kl/jt{gaf6 x'g] hf]lvd ;DaGwdf M
of]hgfsf] s'n /sd dWo] clwsfz+ /sd a+s } lgIf]k tyf a08÷l8j]Gr/x?df nufgL ul/g] xF'bf lgIf]kdf k|fKt x'g] Aofhb/df
kl/jt{g xF'bf of]hgfsf] cfodf ;d]t c;/ kb{5 . ;DklQsf] d"Nofª\sg (Valuation) k|rlnt Aofhb/nfO{ cfwf/ dfgL ul/g] xF'bf
k|rlnt Aofhb/df x'g] kl/jt{gn] of]hgf cGt{utsf] ;DklQsf] d"Nofª\sgdf ;d]t kl/jt{g x'G5 . shf{ lnPsf] cj:yfdf shf{sf]
Aofhdf yk36 x'g] x'Fbf of]hgsf] d'gfkmfdf k|efj kg{ ;Sg]5 .
-%_ of]hgf z'? ug]{ a]nfdf ePsf] vr{ tyf aflif{s vr{ cflbn] v'b ;DklQ d"Nodf k|efj kfg]{ ;DaGwdf M
of]hgf cGtu{tsf OsfO{x? laqmLsf nflu af]8{df btf{ u/fpg], ljj/0f k'l:tsf :jLs[t u/L laqmL v'Nnf ug]{, laqmL aGb ug]{,
afF8kmfF6 ug]{, ;"rLs/0f tyf jflif{s gjLs/0f ug{], of]hgfsf] n]vfk/LIf0f u/fpg], of]hgfsf] lj1fkg ug{,] sfg'gL ;]jf lng],
lgodfjnLsf] Joj:yf adf]lhd of]hgf ;DaGwL ;"rgf k|sflzt ug]{ cflb sfo{sf nflu nfUg] vr{x? of]hgfsf] s'n ;DklQ
d"Noaf6 s§f u/L of]hgfsf] v'b ;DklQ d"No u0fgf ul/g] xF'bf o:tf vr{x?n] of]hgfsf] v'b ;DklQ d"Nodf s]xL k|efj kfb{5 .
-^_ OlSJ6L ;DaGwL hf]lvddf o;sf pks/0fx?n] sDkgL / ahf/ b'a}sf hf]lvd af]ls/x]sf x'G5g\ eGg] s'/f pNn]v ug]{ M
of]hgfn] OSjL6Ldf cfwfl/t pks/0fdf u/]sf] nufgLsf] ;'/Iff / k|ltkmn sDkgLsf] cj:yf / ahf/sf] l:yltdf lge{/ /xg] x'Fbf
o:tf pks/0fx?df ePsf] nufgLdf oL b'a} lsl;dsf hf]lvdx? cGtlg{lxt /x]sf x'G5g\ .
-&_ C0f hf]lvd leq csf]{ kIfsf] C0f lkmtf{ ug]{ Ifdtf tyf OR5fdf lge{/ ug]{s'/f h:tf] sL ;/sf/L lwtf]kqdf s'g} hf]lvd g/xg]
s'/f M
of]hgfn] ;/sf/L C0fkqsf cltl/Qm cGo If]qn] hf/L ug]{ C0fkqx?df ;d]t nufgL ug]{ / o:tf] C0fkqdf ePsf] nufgL lkmtf{
x'g] ljifo C0fkq hf/L ug{]sf] dg;fo / Ifdtfdf ;d]t lge{/ /xg] xF'bf o:tf] C0fkqdf u/]sf] nufgL ;/sf/L C0fkqdf u/]sf]
nufgL ;/x ;'/lIft / hf]lvd /lxt x'Fb}g .

-*_ t/ntf hf]lvd ;DaGwdf ;f] lwtf]kq slt laqmL ug{ of]Uo jf ;xh 5 Tolt g} t/ntf cfpg] af/] pNn]v ug]{ M
of]hgfn] lwtf]kqdf u/]sf] nufgLnfO{ t/n ;DklQdf kl/0ft ug]{ laifo nufgL ul/Psf] lwtf]kqs} t/ntfdf lge{/ /xg] x'Fbf
of]hgfsf] t/ntfdf lwtf]kqdf ePsf] nufgLsf] hf]lvd ljBdfg /xG5 .
-(_ Aofhb/df x'g] hf]lvd o;sf] ultljlwdf lge{/ u5{ eGg] s'/f h:tf] sL ;/sf/n] C0f lnPdf, d'b|f:kmLlt ePdf cflb af/] M
Jofhb/df kl/jt{g x'g] hf]lvd cy{tGqdf x'g] ultljlwdf lge{/ ub{5 . ljleGg cfly{s ptf/ r9fjsf] c;/ Jofhb/df ;d]t kg{
;S5 / o; cj:yfdf Jofhb/sf] kl/jt{gaf6 x'g] hf]lvd of]hgfdf ;d]t kg{ ;Sb5 .

-!)_ k'g{nufgL hf]lvd oyfjt /xg] sf/0fdf Jofhb/df ePsf] clglZrttfsf sf/0f tyf C0fkqsf] ;§fdf s'kg k|fKt x'g] / ;f]xL
s'kg k'g{nufgLdf k|of]u x'g] x'Fbf k'gMnufgL hf]lvd af/] v'nfpg] M
C0fkqdf tyf a}+s lgIf]kdf u/]sf] nufgLaf6 k|fKt Aofh cfDbfgL k'g nufgL ul/g] x'G5 . olb Aofhb/df kl/jt{g ePdf o;/L
k|fKt Aofh /sd k'g{nufgL ubf{ plQs} k|ltkmn k|fKt ug{ g;lsg] hf]lvd /xg ;Sb5 .
-!!_ of]hgf cGtu{t nufgL ul/g] laleGg k|sf/sf lwtf]kqx?n] laleGg k|sf/sf hf]lvd axg ug]{ s'/f h:tf] sL ;/sf/L C0fkqeGbf
Jofkfl/s sDkgLn] hf/L u/]sf C0fkqx?df a9L hf]lvd /xg] s'/f M
of]hgfn] laleGg k|sf/sf] lwtf]kqdf nufgL ug]{ x'G5 . oL lwtf]kqx?df z]o/, cu|flwsf/ z]o/, l8j]Gr/, ;/sf/L C0fkq cflb
x'G5g\ . oL lwtf]kqsf] k|s[ltsf] cfwf/df z]o/sf] t'ngfdf cu|flwsf/ z]o/ To;kl5 ;+:yfut l8j]Gr/ sd hf]lvdk"0f{ x'G5g\ eg]
;/sf/L C0fkqnfO{ hf]lvd /lxt lwtf]kq dflgG5 . of]hgfn] o:tf lwtf]kqdf u/]sf] nufgLdf nufgL cg'kft cg'?ksf] hf]lvd
/xG5 .
37
-!@_ of]hgfn] nufgL ug{] cGo pks/0fx? h:t} 8]l/e]l6E;\, ˆo'r/, cK;g cflbdf lglxt hf]lvdx? af/] pNn]v ug{] M
of]hgfn] o:tf pks/0fx?df nufgL ug]{ p2]Zo /fv]sf] 5}g . eljiodf o:tf pks/0fx?df nufgL ug]{ cj;/ pknAw ePdf
g]kfn lwtf]kq af]8{sf] :jLs[ltdf nufgL ug{ ;lsg]5 . To:tf] cj:yfdf o:tf pks/0fx?df lglxt hf]lvd tTjsf] c;/
of]hgfsf] hf]lvd tyf k|ltkmndf ;d]t kg{ ;S5 .
-!#_ of]hgfsf] nufgL kl/jTo{ ljb]zL d'b|f jf ;f]df cfwfl/t pks/0fx?df nufgL ug{] ePdf ljb]zL d'b|f ljlgdo b/df cfpg]
kl/jt{g af6 x'g] hf]lvd af/] pNn]v ug]{ M
of]hgfn] xfn o; k|sf/sf] pks/0fx?df nufgL ug]{ p2]Zo /fv]sf] 5}g . o:tf pks/0fdf nufgL ug{] cj;/ k|fKt ePsf]
cj:yfdf g]kfn lwtf]kq af]8{sf] :jLs[lt lnO{ nufgL ul/g]5 . To;/L nufgL ul/Psf] cj:yfdf ljb]zL d'b|f kl/jt{gaf6 x'g]
hf]lvd of]hgf / o;sf] k|ltkmndf ;d]t /xG5 .
-!$_ of]hgfsf] cjlwe/ ;f]sf] d"No a[l4sf] cj;/ /xg] t/ ;f]sf] af]g; gkfpg] af/] M
of]hgfsf] sfo{;Dkfbgsf] cfwf/df of]hgf cGt{utsf OsfO{x?sf] d"No a[l4 x'g] ;Defjgf /xG5 . of]hgfn] k|fKt u/]sf] k|ltkmnsf]
cfwf/df OsfO{wgLx?nfO{ of]hgfn] nfef+z ljt/0f ug{ ;Sg] cj:yf x'G5 . tyflk of]hgfn] s'g} k|sf/sf] af]g; eg] ljt/0f ug]{
5}g .
-u_ hf]lvd Joj:yfkgsf] nflu Joj:yfkg -sf]if Joj:yfks_ sf] wf/0ff M
of]hgfsf] nufgLdf x'g] hf]lvd Joj:yfkgsf nflu of]hgf Joj:yfks sDkgL ;b}j ;r]t /xg]5 / ;f] sf nflu ahf/df pTkGg
x'g] x/]sf hf]lvdx?sf] lg/Gt/ cWoog u/L ;f] sf] Joj:yfkgsf nflu lgDg pkfox? cjnDag ug]{5 M
-s_ nufgL ul/g] lwtf]kqsf] sf/f]jf/ ;DalGw ljj/0f / lwtf]kq lgisf;gstf{ sDkgLsf] ljQLo ljj/0fx? tYof+s k|0ffnLsf] ljsf;
ul/Psf] 5 . ;fy} ;f]sf] lg/Gt/ cBfjlws ug]{ Aoj:yf ;d]t ldnfOg] 5 .
-v_ lwtf]kq tfy d'b|f ahf/df nufgL ug'{k'j{ pQm lwtf]kqdf nufgL ug]{ ;DalGwt sDkgL / C0fkq tyf a}+s d'4ftL /fVg] sDkgLsf
;DaGwdf kof{Kt ljZn]if0f u/]/ dfq nufgL lg0f{o ul/g] 5 / o;sf nflu of]hgf Aoj:yfksn] cEof;df NofPsf] k|fljlws tyf
ljQLo ljZn]if0f ljlwsf] pkof]u ul/g] 5 .
-u_ nufgL ljZn]if0fsf nflu cg';Gwfg ljefusf] Aoj:yf ul/Psf] 5 h;df k|fljlws ljZn]ifs (Technical Analyst) / ljQLo
ljZn]ifsx?sf] Joj:yf ul/Psf] 5 .
-3_ ahf/sf] cj:yf tyf hf]lvd kIfnfO{ Wofgdf /fvL lwtf]kqdf ul/Psf] nufgLnfO{ pko'Qm ;dodf t/n ;DklQdf kl/0ft ug]{ tyf
t/n ;DklQnfO{ nufgLdf kl/0ft ug]{ Joj:yf ldnfO{g] 5 .
;fy} laqmLsf] rfk cToflws ePsf] / lwtf]kqdf u/]sf] nufgLnfO{ t/n ;DkQLdf t'?Gt kl/0ft ug{ g;lsPsf] jf lwtf]kq t'?Gt
laqmL ug{ cg'ko'Qm b]lvPsf] cj:yfdf t/ntf hf]lvd Aoj:yfkg ug{ lgDg k|lqmofx? cjnDjg ug]{ of]hgf /x]sf] 5 M
-c_ s'n of]hgfsf] !) k|ltzt ;DklQ gub tyf gub ;/xsf] ?kdf /fVg] .
-cf_ s'n of]hgfsf] !% k|ltzt ;DklQ d4tL lgIf]k cfbL l:y/ cfo x'g] pks/0fdf nufgL ug]{ h;sf/0f cfjZos k/]sf] a]nfdf ;f]xL
/sd k|of]u ug{ ;lsg]5 .
-O_ of]hgf Aoj:yfks sDkgLn] cfjZostf k/]sf] cj:yfdf sf]if k|a4{s sDkgL Pg cfO{ ;L Plzof a}+s ln= jf cGo afl0fHo a}+sx?
af6 kl5Nnf] Aohb/ jf a]; /]6 Aofhb/ nfu' x'g] ul/ of]hgfsf] v'b ;DklQsf] aL; k|ltzt a9Ldf 5 dlxgfsf nflu jf ;+rfns
;ldltsf] lg0focg';f/ cfjZos /sd ;fk6L lng ;lsg]5 .
-ª_ nufgLdf x'g] hf]lvd Go'gLs/0f ug{ tyf k|ltkmnnfO{ pRr /fVgsf nflu k|To]s nufgLdf /x]sf] hf]lvd tyf k|ltkmnsf] ljzn]if0f
u/]/ pko'Qm hf]lvd k|ltkmn cg'kftnfO{ dWo]gh/ u/L sd hf]lvd x'g] tyf k|ltkmn pRr x'g;Sg] b]lvPsf ljleGg pks/0fx?df
nufgL ug]{ / ;fd"lxs nufgL sf]if lgodfjnL / lgb]{lzsfsf] nufgL l;dfnfO{ k'0f{?kdf kfngf u/L a9L eGbf a9L nufgL pks/0f
x?df nufgL u/L nufgL ljljlws/0f ul/g]5 .
-r_ t/ntf Joj:yfkgdf pRr ;t{stf ckgfO{g]5 / OsfO{ ljqmL tyf k'g{vl/b nfO{ ;"Id ljZn]if0f ul/ cfjZos t/ntf Aoj:yfkg
/0fgLltsf sfo{of]hgf agfO{ sfo{Gojg ul/g]5 .
-5_ nufgL tyf hf]lvd Joj:yfkgsf nflu Do'r'cn km08 ;km\6j]o/sf] ;d]t pkof]u ug]{ Aoj:yf ul/Psf] 5 / nufgLnfO{ lg/Gt/
cg'udg ul/ pRr Aoj:yfkg tx, :jtGq ;+rfnssf] ;+of]hsTjdf hf]lvd tyf nufgL Aoj:yfkg ;ldlt / ;do ;dodf
;+rfns ;ldltdf 5nkmn ul/ nufgL ;DalGw lg0f{o ug]{ / cfjZostf cg';f/ k'g/fjnf]sg ug]{ Aoj:yf ul/Psf] 5 .

38
(= OsfO{ lgisf;g ;DaGwL ljj/0f M
(=! OsfO{ laqmL v'Nnf ul/g] ldlt tyf cjlw M
o; ljj/0f k'l:tsfåf/f lgisf;g ul/Psf] OsfO{x?sf] nflu cfj]bg lbg] cjlw laqmL v'Nnf ePsf] ldltaf6 !% lbg;Dd
lgisf;g tyf ljqmL v'Nnf /xg]5 / lgisf;g cjlwdf dfu u/]adf]lhdsf] OsfO{sf] nflu cfj]bg k|fKt gePsf] cj:yfdf g]kfn
lwtf]kq af]8{nfO{ hfgsf/L u/fO{ k9Ldf !% sfo{ lbg yk ug{ ;lsg]5 . OsfO{sf] nflu cfj]bg lng] sfo{ sDtLdf rf/ sfo{lbgsf]
nflu v'Nnf ul/g]5 . o; ljj/0f k'l:tsf dfkm{t lgisf;g ul/g] OsfO{ afF8kmfF6 ePsf] # -tLg_ dlxgf leq OsfO{sf] k'g{vl/b
tyf laqmL k'gM ;'rf? ul/g]5, h'g lg/Gt/ k|s[of x'g]5 .
(=@ cfj]bg ;+sng s]Gb| -laqmL s]Gb|_ ;DaGwL hfgsf/L M
o; ljj/0fkq dfkm{t lgisfl;t OsfO{x? g]kfn lwtf]kq af]8{af6 cg'dlt k|fKt u/L cf:jf (ASBA) ;]jfdf ;xefuL ;Dk"0f{ a}+s
tyf ljQLo ;+:yfx? / ltgsf zfvf sfof{nox? Dffkm{t cfj]bg lbg ;lsg]5 .
(=# lgj]bg lbg;Sg] JolQm tyf ;+:yfx? M
lgodfjnL Pj+ lgb{]lzsfsf] cwLgdf /xL g]kfnL gful/s, u}/ cfj;Lo g]kfnLsf] k|df0fkq -kl/rokq_ hf/L ePsf JolQm, k|rlnt
sfg"g adf]lhd btf{ ePsf g]kfnL kmd{, ;+3 ;+:yf, a+s} tyf ljQLo ;+:yf, aLdf sDkgL, s'g} klg ju{ jf ;d"xn] v8f u/]sf]
sf]ifx? h:t} ;~ro sf]if, sNof0fsf/L sf]if, u'7L, cIfo sf]if cflbn] o; ljj/0f k'l:tsf cg';f/ hf/L ul/g] OsfO{ vl/b ug{
cfj]bg lbg ;Sg]5g\ .
(=$ v/Lb ug{ ;lsg] Go"gtd tyf clwstd OsfO{ ;ª\\Vof M
o; Pg cfO{ ;L Plzof 8fO{gflds 8]K6 km08 of]hgfdf ;xefuL x'gsf] nflu cfj]bsn] Go"gtd !)) -Ps ;o_ OsfO{ tyf
;f]eGbf dfly !) c+ssf] u'0ff+sdf clwstd krf; nfv OsfO{;Dd vl/bsf nflu cfj]bg lbg ;Sg]5g\ .
(=% OsfO{sf] afF8kmfF6, lkmtf{ e'QmfgL tyf ;"rLs/0f ;DaGwL Joj:yf M
-!_ of]hgfsf] ;Dk"0f{ OsfO{ laqmLsf nflu lgj]bg k|fKt ePdf laqmL v'Nnf /fVg'kg{] Go"gtd cjlw Joltt ePkl5 of]hgf
Joj:yfks÷lgisf;g tyf laqmL k|aGwsn] h'g;'s} ;dodf ;"rgf k|sfzg u/L k|f/lDes OsfO{ laqmL aGb ug{ ;Sg]5 .
-@_ laqmL v'Nnf ePsf] lgj]bg lbg] cjlw tyf af]8{af6 yk ePsf] cjlwleq k|fKt ePsf] cfj]bg a/fj/sf] OsfO{ afF8kmfF6 ug{
;lsg]5 .
-#_ o; ljj/0f k'l:tsf cg';f/ OsfO{ laqmL v'Nnf cjlw;Dd klg cfx\jfg u/]sf] Go"gtd krf; k|ltzt OsfO{ v/Lb ug{sf]
nflu cfj]bg k|fKt gePsf] cj:yfdf ;d]t k|fKt ePsf] cfj]bg a/fj/sf] OsfO{ afF8kmfF6 ug{ ;lsg]5 .
-$_ OsfO{ afF8kmfF6 ubf{ o; ljj/0f k'l:tsfdf pNn]lvt clwstd l;df;Ddsf] dfq OsfO{ afF8kmfF6 ul/g]5 . t/ o; ljj/0f
k'l:tsf dfkm{t lgisf;g ul/Psf] clwstd OsfO{ ;+Vof eGbf a9L OsfO{ dfu ePsf] cj:yfdf g]kfn lwtf]kq af]8{nfO{
hfgsf/L lbO{ OsfO{ ;+Vof yk u/L afF8kmfF6 ug{ ;lsg]5 .
-%_ OsfO{sf] afF8kmfF6 ;DaGwL cGo Joj:Yff k|rlnt ælwtf]kq lgisf;g tyf afF8kmfF6 lgb]{lzsf, @)&$Æ adf]lhd x'g]5 .
-^_ of]hgfsf OsfO{x?sf] k'g{vl/b tyf laqmL afF8kmfF6 ePsf] # -tLg_ dlxgf leq sf]if k|a4{s Pg cfO{ ;L Plzof a}+s
lnld6]8sf] tf]lsPsf] zfvf sfof{nox?, of]hgf Aoa:yfks Pg cfO{ ;L Plzof Soflk6n lnld6]8 tyf of]hgf Aoa:yfksn]
tf]s]sf cGo ljt/s (Distributers) sf] sfo{noaf6 ug]{ Aoa:yf ldnfOg] 5 .
of]hgfsf OsfO{x?sf] k'g{vl/b tyf laqmL ubf{ lgDg adf]lhdsf] z'Ns nfUg]5 M
laqmL z'Ns M lgMz'Ns
k'g{vl/b z'Ns M nfu' x'g] v'b ;DklQ d'Nosf] cfwf/df
laqmL u/]sf] ^ dlxgf ;Dddf !=% k|ltzt
laqmL u/]sf] ^ b]lv !@ dlxgf ;Dddf !=@% k|ltzt
laqmL u/]sf] !@ b]lv !* dlxgf ;Dddf !=)) k|ltzt
laqmL u/]sf] !* b]lv @$ dlxgf ;Dddf )=&% k|ltzt
tTkZrft s'g} z'Ns gnfUg] .
of] z'Ns k'g{vl/b d'Nodf s§f ul/ afFsL /sd k|bfg ul/g]5 .
of]hgfsf] OsfO{ vl/b÷laqmL ubf{ ljt/snfO{ e'QmfgL ul/g] sf/f]af/ z'Ns ;DaGwL ljj/0fM
;fd"lxs nufgL sf]if lgb]{lzsf, @)^( df ePsf] Joj:yf cg';f/ ljt/s dfkm{t OsfO{sf] vl/b÷laqmL ug{ ;lsg] x'Fbf ljt/snfO{
e'QmfgL ug'{kg{] sf/f]af/ z'Ns ljt/s ;Fusf] ;Demf}tfdf pNn]v ePadf]lhd x'g]5 .
-&_ of]hgfsf OsfO{x?sf] laqmL ubf{ lgDgfg';f/sf] k|lqmof ckgfOg]5 M
-s_ cfj]bsx?af6 tf]lsPsf] 9fFrfdf a}+s vftf, lxtu|fxL vftf ;lxtsf] lgj]bg lng] .
-v_ nfu' x'g] k|lt OsfO{ v'b ;DklQ d'Nosf] cfwf/df lng rfx]sf] OsfO{ ;+Vof / laqmL z'Ns a/fa/sf] Psfp06 k]oL r]s jf a}+s
ef}r/ lng] .
-u_ OsfO{ laqmLsf nflu cfjZos k|s[of k'/f ul/ ;km\6jo/df k|lji6L ug]{ .
-3_ z'Ns k|fKt ePsf] Plsg eP kZrft ;f] lbgsf] l/t k'u]sf] cfj]bg a/fa/sf OsfO{x? l;l8P; P08 lSnol/Ë ln= dfkm{t
OsfO{ vl/b stf{sf] lxtu|fxL vftfdf /flvlbg] Aoj:yf ldnfpg] .
39
 -*_ of]hgfsf OsfO{x?sf] k'g{vl/b ubf{ lgDgfg';f/sf] k|lqmof ckgfOg]5 M
-s_ cfj]bsx?af6 tf]lsPsf] 9fFrfdf a}+s vftf, lxtu|fxL vftf ;lxtsf] lgj]bg lng] .
-v_ nfu' x'g] k|lt OsfO{ v'b ;DkQL d'No tyf cjlwsf] cfwf/df k'g{vl/b ug'kg]{ OsfO{ ;+Vof / k'g{vl/b z'Ns :ki6 ?kdf
pNn]v u/fpg] .
-u_ OsfO{ k'g{vl/bsf nflu cfjZos k|s[of k'/f ul/ ;km\6jo/df k|lji6L ug]{ .
-3_ ;j} sfdsf/jfxL k'/f ePkZrft ;f] lbgsf] l/t k'u]sf] cfj]bg a/fa/sf OsfO{x? ;DalGwt lgIf]k ;b:ox? jf l;l8P; P08
lSnol/Ë ln= dfkm{t ;DalGwt OsfO{wlgsf] lxtu|fxL vftfaf6 36fpg] Aoj:yf ug]{ tyf lgj]bgdf pNn]lvt a}+s vftfdf
/sdfgGt/0f ug]{ Aoj:yf ug]{ .
-(_ of]hgfsf OsfO{x?sf] k'g{vl/b tyf laqmLsf nflu lgj]bg xKtfe/ -cfOtaf/ b]lv z'qmaf/_ tf]lsPsf] ;do cg';f/ lnOg]5 .
-!)_ of]hgfsf OsfO{x?sf] k'g{vl/b tyf laqmL afF8kmfF6 ePsf] ldltn] # -tLg_ dlxgf leq z'? x'g]5 . ;f]sf] nflu ljt/ssf]
?kdf of]hgf Aoa:yfks Pg cfO{ ;L Plzof Soflk6n lnld6]8, sf]if k|a4{s Pg cfO{ ;L Plzof a}+s lnld6]8sf] tf]lsPsf]
zfvf sfof{nox? tyf cGo tf]lsPsf cflwsf/Ls ljt/sx? .

(=^ lgj]bg lb+bf Wofg lbg'kg]{ s'/fx? M

klxnf] r/0fsf] lgisf;gsf] ;dodf
!= s'g} klg g]kfnL gful/s, u}/cfjf;Lo g]kfnL tyf g]kfnL ;+3 ;+:yfn] :jLs[t ljj/0fkq dfkm{t hf/L ul/g] OsfO{ vl/b ug{sf]
nflu g]kfn lwtf]kq af]8{af6 :jLs[tL k|fKt cf:jf ;b:o a}+s tyf ljQLo ;+:yfx? jf tLgsf s'g} klg zfvf sfof{noaf6 b/vf:t
lbg ;Sg]5g\ .
@= b/vf:tjfnfn] OsfO{ vl/bsf nflu b/vf:t lbFbf ælwtf]kq btf{ tyf lgisf;g lgodfjnL, @)&#Æ sf] bkmf @$ df pNn]v eP
adf]lhd b]xfosf ljj/0fx? :ki6 ?kdf b/vf:t kmf/fddf v'nfO{ ;L–cf:jf ;b:ox?n] tf]s]sf] 9fFrfdf b/vf:t cfj]bg lbg' kg]{5 .
-s_ cfj]bg kmf/fddf cfj]bssf] gfd y/ g]kfnL÷c+u|]hLdf pNn]v ug{' kg]{ .
-v_ cfj]bg lb+bf z]o/ hf/L ug]{ sDkgLsf] gfd, cfj]bg ul/Psf] ;+Vof, /sd :ki6 a'lemg] ul/ pNn]v ug{'kg]{ .
-u_ cfkm\gf] a}+s vftf / lxtu|fxL vftf gDa/ ;lx÷:ki6 pNn]v ul/g'kg]{ .
-3_ cfj]bsn] cfkm' :jo+sf] lxtu|fxL vftf gDa/ pNn]v ug{'kg]{ .
-ª_ cfj]bg u/]sf] lg:;f÷k|df0f, ;DalGwt ;+sng s]Gb| -cf:jf ;b:o a}+s tyf ljQLo ;+:yf_ ;+u clgjfo{ lng'kg]{ .
-r_ a}+s vftf /f]Ssf eP÷gePsf] olsg ug{'kg]{ .
5_ Ps JolQm jf ;+:yfn] cfkm"n] vl/b ug{ rfx]sf] OsfO{sf] nflu Ps eGbf a9L b/vf:t lbg] kfOg] 5}g . olb Ps JolQm jf ;+:yfsf]
gfddf Ps eGbf a9L cfj]bg k|fKt x'g cfPdf ;Dk"0f{ b/vf:tnfO{ /2 ug{ ;lsg]5 .
h_ l/tk"j{s k|fKt gePsf] b/vf:t kmf/dnfO{ OsfO{sf] afF8kmfF6df ;dfj]z ul/g] 5}g / ;f]sf] lhDd]jf/ b/vf:tjfnf :jo+ x'g]5 .
#= lwtf]kq vl/bsf] nflu b/vf:t lb+bfsf] cj:yfdf jf b/vf:t lbO{ ;s]kl5 vl/b u/]sf] OsfO{ afktsf] /sd e'QmfgL gx'b} k|rlnt
sfg"g adf]lhd clwsf/ k|fKt clwsf/L jf lgsfoaf6 nufgLstf{sf] vftf /f]Ssf /fVg] cfb]z k|fKt ePdf lgisf;g tyf laqmL
k|aGwsn] To:tf] b/vf:t kmf/fdnfO{ /2 ul/g] x'+bf ;f] s'/fsf] hfgsf/L cfj]bsn] a'em\g' x'g .
$=of]hgfsf] OsfO{ vl/bsf nflu cfj]bg lbFbf cfj]bg kmf/fddf cfkm'n] lng rfx]sf] OsfO{ ;+Vof tyf /sd :ki6?kdf e/L a'emfpg'
kb{5 . of]hgfsf OsfO{x? v/Lb ubf{ Go"gtd !)) OsfO{ tyf ;f] eGbf dfly !) sf] u'0ff+sdf OsfO{ vl/b ug{ ;lsg]5 .
%=g]kfn lwtf]kq af]8{af6 ;xefuL a}+ssf] cg'dlt k|fKt a}+s tyf ljQLo ;+:yf dWo] cfkm\gf] vftf /x]sf] a}+s ljQLo ;+:yfaf6 l;–
cf:jf (C-ASBA) k|0ffnL cGtu{t dfq cfj]bg ug{ ;lsg]5 . ;xeflu a}+sx?n] ?= %,)),)))÷– jf ;f] eGbf a9L b/vf:t lbg]
cfj]bssf] clgjfo{ ?kdf Kofg g+= pNn]v ug'{kg]{ / pQm cfj]bg jfkt hDdf u/]sf] /sd ;DklQ z'l4s/0f P]gsf] jlv{nfk x'g] ul/
cfh{g gu/]sf] elg pb\3f]if0f u/]sf] olsg ug'{kg]{5 .
^=OsfO{ vl/b ug{sf] nflu b/vf:t lbg] JolQm :jo+n] ;DalGwt ;L–cfZjf ;b:on] pknAw u/fPsf] cfj]bg kmf/ddf b:tvt
u/L tf]lsPsf] ;Íng s]Gb|df OsfO{ vl/bsf] nflu cfjb]g a'emfpg' kg{]5 . o;/L cfj]bg kmf/ddf b:tvt gu/]sf] / tf]lsPsf
;Íng s]Gb| afx]s cGo :yfgx?df cfj]bg kmf/d a'emfPsf] cfj]bg kmf/dnfO{ /2 ul/g]5 . ;fy} d]/f] z]o/ dfkm{t ;d]t OsfO{
vl/bsf] nflu cfj]bg lbg ;lsg]5 .
&= nufgLstf{x?n] OsfO{df nufgL ug'{cl3 o; ljj/0f k'l:tsfdf pNn]lvt ljj/0fx? h:t} OsfO{jfnfsf] clwsf/, dtflwsf/, nfefFz
OsfO{sf] vf/]hL k|s[of cfbL nufotfsf ;Dk"0f{ ljj/0fx?÷of]hgfsf] ljz]iftfx? /fd|/L cWoog ug'{ kb{5 .
lgoldt k'g{vl/b laqmL ;DaGwdf M
of] of]hgf v'nfd'vL of]hgf ePsf] x'gfn] lg/Gt/ rln/xG5 . klxnf]r/0fsf] OsfO{sf] lgisf;g tyf afF8kmfF6 ;DkGg ePsf]
ldltn] ltg dlxgf leq of] of]hgfsf] OsfO{ lg/Gt/ lgisf;g tyf laqmLsf] nflu v'Nnf x'g]5 . lg/Gt/ lgisf;gdf cfj]bg Pg
cfO{ ;L Plzof Soflk6n, Pg cfO{ ;L Plzof a}+s lnld6]8sf] tf]lsPsf zfvf sfof{nox? tyf cGo tf]lsPsf clwsf/Ls
ljt/sx?af6 lbg ;lsg]5 .
OsfO{sf] laqmL d'No M
OsfO{sf] laqmL pQm ;dodf nfu' v'b ;DktL d'Nosf] cfwf/df ul/g]5 .
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!) OsfO{wgL -of]hgfsf ;xefuL_ nfO{ k|fKt x'g] clwsf/ tyf ;]jf M
OsfO{wgL -of]hgfsf ;xefuL_ nfO{ k|fKt x'g] clwsf/ M
-s_ of]hgfsf] nufgL gLlt, p2]Zo tyf ljQLo cj:yf af/] hfgsf/L k|fKt ug]{ .
-v_ of]hgfn] ljt/0f u/]sf] k|ltkmn k|fKt ug]{ .
-u_ of]hgf cGt{utsf cfkm\gf] gfddf /x]sf OsfO{x? cfkm\gf] ;DklQ ;/x ljt/ssf] dfWodaf6 laqmL ug]{ tyf vl/b
ul/Psf OsfO{x? cfkm\gf] lxtu|fxL vftfdf k|fKt ug]{ .
-3_ of]hgf Joj:yfkssf] sfo{;Dkfbg ;DaGwdf jf of]hgf vf/]hLsf ;DaGwdf cfkm\gf] dt /fVg] .
-ª_ of]hgf ;~rfng ;DaGwdf s'g} u'gf;f] eP of]hgf Joj:yfks, sf]if ;'kl/j]Ifs tyf af]8{df u'gf;f] /fvL ;dfwfg
u/fpg] ;DaGwdf cfjZos kxn ug]{ .
-r_ of]hgfsf] sfo{;Dkfbg;Fu ;DalGwt v'b ;DklQ d"No, nufgLsf] cj:yf tyf of]hgfsf] ljQLo ljj/0f lgodfjnLn]
Joj:yf u/] adf]lhd k|fKt ug]{ .
OsfO{wgL -of]hgfsf ;xefuL_ nfO{ k|fKt x'g] ;]jfM
-s_ vl/b u/]sf] of]hgfsf] OsfO{ afF8kmfF6 u/] kZrft ;DalGwt OsfO{wgL]sf] lxtu|fxL vftfdf OsfO{ hDdf ul/g] Joj:yf
ldnfOg] .

!! u''gf;f] ;''Gg] / ;dfwfg ug{]{ k||s[of M

of]hgf lgisf;gsf jvt pTkGg x'g;Sg] u'gf;f]x?nfO{ ;DalGwt ;Íng s]Gb| tyf of]hgf Joj:yfkssf] sfof{noaf6
;dfwfg ug]{ Joj:yf ldnfOg]5 . ;fy} of]hgf Joj:yfksn] of]hgf ;~rfngsf] qmddf ;xefuLx?sf] aLrdf jf of]hgf /
;xefuLx?sf aLrdf s'g} ljjfb p7]df To:sf] ;dfwfgsf nflu of]hgf Joj:yfkssf cg';Gwfg, hf]lvd Joj:yfkg tyf
nufgL Joj:yfkg k|d'v >L dlgif l3ld/]nfO{ lgod kfngf clws[tsf] ?kdf lgo'Qm ul/Psf] 5 . lgod kfngf clws[tn]
k|fKt u'gf;f] ;'Gg] ;f]sf] ;dfwfgsf pkfox? klxrfg ug{] / ;fdfGo k|sf/sf u'gf;f]x?nfO{ sfg'g ;Ddt tl/sfn] cfkm\g}
txaf6 ;dfwfg ug]{5g . o;/L ;dfwfg x'g g;Sg] tyf hl6n k|s[ltsf u'gf;f] k|fKt ePdf ;Dej eP;Dd of]hgf
Joj:yfksaf6 / ;Dej gePdf sf]if ;'kl/j]Ifs ;dIf /fvL ;f]sf] ;dfwfg ul/g]5 .
nufgLstf{x?n] b]xfo adf]lhdsf] dfWod dfkm{t cfˆgf] u'gf;f] tyf ;'emfj k|]lift ug{ ;Sg]5g\ M
kmf]g g+= ±(&&–)!–%&)%(($, ˆofS; g+=±(&&–)!–%&)%$%*, E-mail: info@nicasiacapital.com

!@ lgisf;g a}+s ;DaGwL Joj:y M

ælwtf]kq vl/b -;fj{hlgs lgisf;g_ ;DaGwL lgb]{lzsf, @)&#” k"0f{ ?kdf nfu' eO{;s]sf] ;Gbe{df of] Aoa:yf nfu' gx'g] .

41
!#= o; ljj/0f k'l:tsfdf k|sflzt tYo tyf ljj/0fx? 7Ls b'?:t 5g\, ;f]df s'g} km/s k/]df xfdL ;~rfnsx? k"0f{ ?kdf
lhDd]jf/ x'g]5f+} egL ;xL 5fk ug{] ;~rfnsx?sf] gfd tyf b:tvt M
Gffd b:tvt

>L ljzfn l;Ub]n — cWoIf

>L lbg]z ef/L] — ;+rfns

>L lglZrt ldQn — ;+rfns

>L /lag ;fksf]6f — :jtGq ;+rfns

>L ;'dg 8+uf]n — :jtGq ;+rfns

42
 of]hgf Joj:yfkssf] k|lta4tf–kq -8\o' 8]lnh]g;\ ;l6{lkms]6_ M sf] k|lt

ldlt M @)&&÷)%÷!)

>L g]kfn lwtf]kq af]8{

hfjnfv]n, nlntk'/ .

ljifo M k|lta¢tf kq .
dxfzo,

o; Pg cfO{ ;L Plzof Soflk6n lnld6]8n] Pg cfO{ ;L Plzof a}+s Do'r'cn km08 cGtu{t “Pg cfO{ ;L Plzof 8fO{gflds
8]K6 km08” sf] OsfO{{ lgisf;g tyf laqmL ug]{ k|of]hgsf nflu tof/ u/]sf] ljj/0f k'l:tsfsf ;DaGwdf o; sDkgLsf]
tkm{af6 b]xfo cg';f/sf] k|lta4tf k]z ub{5' .

!= OsfO{ laqmL k|:tfj lwtf]kq P]g, ;fd'lxs nufgL sf]if lgodfjnL, tyf ;fd'lxs nufgL sf]if ;DaGwL lgb]{lzsf, adf]lhd
cufl8 a9fO{Psf] xf] .
@= of]hgf z'? ug{ cfjZos ;a} sfg"gL k|fjwfg, ;/sf/ tyf cGo lgofds lgsfoaf6 hf/L lgb]z { gx?sf] kfngf ul/Psf] 5
.
#= ljj/0f k'l:tsfdf v'nfO{Psf ljj/0fx? ;xefuLnfO{ k|:tfljt gofF of]hgfdf nufgL ug{ ;To tyf kof{Kt /x]sf 5g\ .

ejbLo,

============================
/d]Gb| /fodfemL
k|d'v sfo{sf/L clws[t

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