Nabil Balanced Fund II Book...0 lwtf]kq ;DaGwL P ]g, @)^# / ;fd "lxs nufgL sf ]if lgodfjnL, @)^& adf ]lhd g ]kfn lwtf ]kq af ]8{df btf { ePsf ]glan Do'r'cn km08 cGtu{t ;~rfng x 'g]

$Page 1: Nabil Balanced Fund II Book...0 lwtf]kq ;DaGwL P ]g, @)^# / ;fd "lxs nufgL sf ]if lgodfjnL, @)^& adf ]lhd g ]kfn lwtf ]kq af ]8{df btf { ePsf ]glan Do'r'cn km08 cGtu{t ;~rfng x 'g]$
0

lwtf]kq ;DaGwL P]g, @) # / ;fd"lxs nufgL sf]if lgodfjnL, @) & adf]lhd g]kfn lwtf]kq af]8{df btf{ ePsf] glan Do'r'cn km08 cGtu{t ;~rfng x'g] glan Aofn]G;8\ km08 @

(Nabil Balanced Fund II) sf]

ljj/0f k'l:tsf -;fd"lxs nufgL sf]if lgodfjnL, @) & sf] Joj:yf adf]lhd hf/L ul/Psf]]_

k|lt OsfO{ d"No ? !)÷— b/sf] !@,)),)),))) -afx| s/f]8_ OsfO{ dWo] aLh k"FhL jfkt Go"gtd !,*),)),))) -Ps s/f]8 c;L nfv_ jf s'n laqmL ePsf] OsfO{ ;ª\Vofsf] Go"gtd !% -kGw|_ k|ltzt OsfO{ dWo] sf]if k|j¢{s >L glan a}+s lnld6]8sf nflu !$ k|ltzt jf !, *,)),))) -Ps s/f]8 c7\;fÝL nfv_ OsfO{ tyf of]hgf Joj:yfks >L glan OGe]i6d]06 al}+s+u lnld6]8nfO{ ! k|ltzt jf !@,)),))) -afx| nfv_ OsfO{ ;'/lIft /fvL afFsL Go"gtd !),@),)),))) -bz s/f]8 aL; nfv_ OsfO{ o; ljj/0f k'l:tsfsf] zt{fg';f/ ;fj{hlgs ?kdf laqmLsf nflu v'Nnf ul/g]5 .

sf]if k|j4{sn] o; of]hgfåf/f laqmL ug]{ s'n OsfO{ /sdsf] slDtdf !$ k|ltzt /sd aLh k"FhLsf] ?kdf nufgL ug]{5 .

of]hgfsf] lsl;d M aGbd'vL . of]hgfsf] cjlw M !) jif{ . of]hgf kl/kSj x'g] M OsfO{ afF8kmfF6 ePsf] ldltn] !) jif{ . sf]if k|a{4ssf] /]l6Ë M "[ICRANP - IR] AA- (Reaffirmed)"

of]hg Aoa:yfkssf] /]l6Ë M "[ICRANP] AMC Quality 3+ (AMC3+) (Reaffirmed)" g]kfn lwtf]kq af]8{af6 ljj/0f k'l:tsf :jLs[t ePsf] ldlt M =@)&%÷!@÷!) ut] . af]8{df of]hgf btf{ ldlt M @)&%÷!@÷!) . OsfO{ laqmL v'Nnf x'g] ldlt M =@)& ÷)!÷)% ut] . OsfO{ laqmL aGb x'g] ldlt -l56f]df_ M @)& ÷)!÷)( ut] -a}+ls+u ;do kZrft\_ . OsfO{ laqmL aGb x'g] ldlt -l9nf]df_ M =@)& ÷)@÷)# ut] -a}+ls+u ;do kZrft\_ . cfj]bg lbg'kg]{ Go"gtd OsfO{ ;ª\Vof M !)) -Ps ;o_ . cfj]bg lbg kfpg] clwstd OsfO{ ;ª\Vof M !,@),)),))) -Ps s/f]8 aL; nfv_ . cfj]bg;fy e'QmfgL ug'{kg]{ /sd M zt\k|ltzt\ .

k'gZr M laqmL cfJxfg ul/Psf] ;Dk"0f{ OsfO{sf nflu cfj]bg kg{ cfP kZrft\ Go"gtd cjlw Joltt ePkl5 ;"rgf k|sflzt u/L OsfO{ laqmL aGb ul/g]5 .

sf]if k|a4{s

glan a}+s lnld6]8

glan ;]G6/, lagf dfu{, b/af/ dfu{, sf7df8f}F kmf]g g+= )!$@@!&!*, )!$@@&!*!

ˆofS; g+= )!$@@^()% Email: [email protected] URL: www.nabilbank.com

of]hgf Joj:yfks -lgisfzg tyf laqmL k|jGwssf] sfo{;d]t ug]{_

glan OGe]i6d]G6 a}+ls+u lnld6]8

/lhi68{ sfof{noM gf/fo0f rf}/, gS;fn, sf7df8f}F, g]kfn kmf]g g+=— )!$$!!^)$, )!$$!!&##

ˆofS; g+=–(&& )! $$!)%%$ Email : [email protected] URL: www.nabilinvest.com.np

sf]if ;'kl/j]Ifs glan Jofn]G;8\ km08 @ glan OSjL6L km08

!= l;=P= dbg s[i0f zdf{ – #) jif{eGbf a9Lsf] Jofj;flos cg'ej . 7]ufgfM afn'jf6f/, sf7df8f}F, # .

@= k|fWofks 8f= kmQ axfb'/ s]=;L – k"j{ cWoIf ladf ;ldlt, lzIf0f tyf cg';Gwfgdf # jif{eGbf a9Lsf] cg'ej . 7]ufgfM %$!, l8NnLahf/, sf7df8f}F @( .

#= k|fWofks 8f=b]aL k|;fb zdf{ la8f/L – lzIf0f tyf cg';Gwfgdf #& jif{eGbf a9Lsf] cg'ej . 7]ufgfM Efmfkf,3}nf8'Aaf .

$= >L b]a axfb'/ af]xf]/f – k"j{k|zf;s -pk dxfn]vf kl/Ifs_, dxfn]vf kl/Ifssf] sfof{no . 7]ufgfM b]lxdf08f}, a}t8L .

%= >L gjLg s'df/ jdf{ – lzIf0f tyf sfg'g Joj;fodf @( jif{eGbf a9Lsf] cg'ej . 7]ufgfM !$!, ;/:jtL yfg dfu{, u}x|Lwf/f , sf7df8f}F .

= k|fWofks kjg s'df/ cf]emf – k"j{dxf–GofoflwjQmf . sfg"g Joj;fodf $# jif{eGbf a9Lsf] cg'ej . xfn jl/i7 clwjQmfsf] ?kdf sfo{/t . 7]ufgfM !()÷%$, :n]ifdfGts dfu{, l;gfd+un, sf7df8f}F, ( .

&= k|fWofks 8f= ljho s'df/ s]=;L=– lzIffljb\ . lzIf0f tyf cg';Gwfgdf $% jif{eGbf a9Lsf] cg'ej . xfn sf7df08" ljZjljBfno -:s'n ckm Dofg]hd]G6 l8gsf] ?kdf sfo{/t . 7]ufgfM %÷( laqmd ejg, dfgejg, nlntk'/ .

*= k|fWofks 8f= z"/jL/ kf}8\ofn— k"j{cWoIf, g]kfn lwtf]kq af]8{ . lzIf0f tyf cg';Gwfgdf #( jif{eGbf a9Lsf] cg'ej . 7]ufgfM #!@÷!# uLtf+hnL dfu{, sf7df8f}F $ .

(= >L ljgf]b afa' sf n] – k"j{ ;~rfns, g]kfn lwtf]kq af]8{ . lghfdlt ;]jfdf #) jif{eGbf a9Lsf] cg'ej . 7]ufgfM zTo ;fO{ uNnL, sf]6]Zj/, sf7df8f}+ #% .

o; ljj/0f k'l:tsfn] of]hgfsf] u'0f:t/ jf k|ltkmnsf] lglZrttfsf] k|Tofe"lt ub}{g . s[kof nufgL ug'{ eGbf cuf8L ljj/0f k'l:tsf /fd|f];Fu k9\g' xf]nf .

1

@=! ljifo ;"rL

qm=;+= ljj/0f k[i7 @=@ ljj/0f–k'l:tsfdf k|of]u ePsf k|fljlws tyf cGo zAbfjnLsf] kl/efiff # @=# ljj/0f–k'l:tsf tyf lgj]bg k|fKt ug]{ / lgj]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]lxtf 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|a4{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 pb]Zox? %= sf]if k|a4{ssf] ljut tLg jif{sf] ljQLo ljj/0f of]hgf Joj:yfks ;DaGwL ljj/0f =! of]hgf Joj:y.kssf] kl/ro !@ =@ of]hgf Joj:y.kssf] e.jL o.]hgf tyf /0.gLlt !@ =# of]hgf Joj:y.kssf] ;~r.ns ;ldltsf] ;+/rgf / k|ltlglwTj;DaGwL Joj:yf !# =$ of]hgf Joj:y.kssf] k"FhL ;+/rgf ;DaGwL hfgsf/L !# =% of]hgf Joj:y.kssf] ;+:yfks tyf ;~rfns ;DaGwL hfgsf/L !#= of]hgf Joj:y.kssf] sd{rf/L ;DaGwL hfgsf/L !% =& of]hgf Joj:y.kssf] ;~r.ng cjlw tLg jif{ Joltt e};s]sf] eP ljut tLg jif{sf] / tLg jif{ Joltt

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|jfxsf] ljj/0f

!

=* of]hgf Joj:y.kssf] n]vf gLlt;DaGwL Joj:yf !( =( of]hgf Joj:y.kssf] n]vfk/LIfssf] gfd tyf 7]ufgf !( =!) of]hgf Joj:y.kssf] sf/f]af/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 cufl8sf] of]hgfsf] v'b ;DklQ d"No -NAV_ ;DaGwL ljj/0f !( =!@ of]hgf Joj:yfkssf] /]l6Ë u/]sf] eP /]l6Ë ug]{ sDkgL tyf /]l6Ë ;ª\s]t @%& sf]if ;'kl/j]Ifs tyf sf]if ;'kl/j]Ifs;Fusf]] ;Demf}tf;DaGwL ljj/0f&=! sf]if ;'kl/j]Ifssf] 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]IfsaLrsf] ;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 @* *=$ of]hgfsf] laQLo k|If]k0f;DaGwL ljj/0f @(*=% of]hgfsf] vr{;DaGwL ljj/0f #! *= of]hgfsf] d'gfkmf ljt/0fsf] nIo #@ *=& nufgL tyf nfef+zsf;DaGwdf nfu" x'g] s/;DaGwL Joj:yf #@

2

*=* of]hgfsf O{sfOx? 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 cGt{lglxt hf]lvd tyf ;f]sf] Joj:yfkgsf] nflu Joj:yfkgsf] wf/0ff #@( OsfO{ lgisfzg;DaGwL ljj/0f (=! OsfO{ laqmL v'nf ul/g] ldlt tyf cjlw #% (=@ cfj]bg ;Íng s]Gb| -laqmL s]Gb|_ ;DaGwL hfgsf/L #% (=# cfj]bg lbg;Sg] JolQm tyf ;+:yfx? #% (=$ vl/b ug{ ;lsg] Go"gtd tyf clwstd OsfO{ ;ª\Vof #%(=% OsfO{sf] afF8kmfF6, lkmtf{ e'QmfgL tyf ;"rLs/0f;DaGwL Joj:yf #% (= cfj]bg lbbfF 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 # !@ of]hgf Joj:yfkssf] k|lta4tf kq -8\o' 8]lnh]G;\ ;l6{lkms]6_ #&!# 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}F egL ;xL 5fk ug{] ;~rfnsx?sf] gfd tyf b:tvt #&

3

@=@ 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, @) # -;+zf]wg;lxt_ ;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{sf] ;fj{hlgs lgisfzg cfJxfg ug'{cl3 of]hgfsf] ;DaGwdf ;Defljt nufgLstf{nfO{ hfgsf/L k|bfg

ug]{ k|of]hgsf nflu lgb]{lzsfadf]lhd k|sfzg ul/g] ljj/0f k'l:tsf ;Demg'kb{5 . -r_ æ;+sng s]Gb|Æ eGgfn] g]kfn lwtf]kq af]8{af6 cg'dlt k|fKt u/L ;L–cf:jf (C-ASBA) ;]jfdf ;xefuL a}+s tyf ljQLo ;+:yfx? /

ltgsf zfvf sfof{nox? ;Demg'kb{5 . -5_ ælgisfzg a}+sÆ eGgfn] OsfO{sf] ;fj{hlgs lgisfzg tyf laqmLaf6 ;+sng x'g cfPsf] /sdnfO{ hDdf ug{sf] nflu tf]lsPsf

jfl0fHo a}+s tyf /fli6«o :t/sf] ljsf; a}+sx?nfO{ ;Demg'kb{5 . -h_ æsf]if k|j4{sÆ eGgfn] glan a}+s lnld6]8nfO{ ;Demg'kb{5 . -em_ æof]hgf Joj:yfksÆ eGgfn] glan OGe]i6d]06 a}+ls+u lnld6]8nfO{ ;Demg'kb{5 . - _ æsf]if ;'kl/j]IfsÆ eGgfn] lgodfjnLsf] Joj:yfadf]lhd glan Do"r'cn km08sf] ;'kl/j]If0fsf nflu af]8{af6 :jLs[ltk|fKt u/L sf]if

k|a4{saf6 lgo'Qm JolQmx?sf] ;d"xnfO{ ;Demg'kb{5 . -6_ æl8kf]lh6/LÆ eGgfn] of]hgfcGt{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 glan OGe]i6d]06 a}+ls+u lnld6]8nfO{ ;Demg'kb{5 .

@=# -s_ ljj/0f k'l:tsf k|fKt ug{ ;lst] :yfg M

qm= ;+ sDkgLsf] gfd 7]ufgf

!= glan a}+s lnld6]8, glan ;]G6/, jLgf dfu{, b/af/dfu{ l:yt k|wfg sfof{no @= glan OGe]i6d]06 a}+ls+u lnld6]8 gS;fn, sf7df8f}F # ;fy} of]hgf Aoj:yfkssf] j]e;fO6 M www.nabilinvest.com.np, / sf]if k|j4{ssf]

j]e;fO6 www.nabilbank.com,

-v_ lgj]bg a'emfpg] :yfgx? M qm= ;+ lgj]bg a'emfpg :yfgx? != g]kfn lwtf]kq af]8{af6 cg'dlt k|fKt u/L ;L–cf:jf (C-ASBA) ;]jfdf ;xefuL a}+s tyf ljQLo

;+:yfx? / ltgsf zfvf sfof{nox? .

4

@=$ 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 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 af]8{af6 :jLs[t eP tfklg o;sf] /fd|f];Fu cWoog u/]/ dfq nufgL ug{ ;'emfj lbO{G5 . ljj/0f k'l:tsf k|sflzt ePkZrft\ lgisfzg v'nf 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 .

#= pb\3f]if0f M

#=! lgodg lgsfosf] hjfkmb]lxtf g/xg] pb\3f]if0f M OsfO{ ;fj{hlgs lgisfzg 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 plNnlvt s'/fsf] ;Totf jf of]hgf Joj:yfks jf of]hgfsf] cfly{s ;Ifdtfsf] af/]df af]8{n] s'g} k|sf/sf] k|Tofe"t u/]sf] jf lhDd]jf/L lnPsf] dflgg] 5}g .

#=@ sf]if k|j4{ssf] pb\3f]if0f M k|rlnt sfg"gjdf]lhd of]hgf Joj:yfksn] tof/ u/]sf] o; of]hgf sf]if ;'kl/j]Ifssf] cg'df]bg tyf af]8{sf] :jLs[ltdf ;~rfngdf cfpg]5 . sf]if ;'kl/j]Ifs tyf of]hgf Joj:yfkssf] ;~rfns ;ldltdf sf]if k|j4{ssf] k|ltlglw ;~rfnsdfkm{t of]hgfsf] Joj;flos tyf lgod;+ut Joj:yfkgdf sf]if k|j4{ssf] ;xeflutf /xg]5 . ljj/0f k'l:tsfdf ;dfj]z ljj/0f xfdLn] hfg] a'em] ;Dd ;To tYo /x]sf 5g\ .

#=# of]hgf Aoj:yfkssf] pb\3f]if0f M of] ljj/0f k'l:tsfdf sf]if k|a4{s, sf]if ;'kl/j]Ifs, of]hgf Joj:yfks tyf k|:tfljt of]hgf;DaGwL hfgsf/Lx? pNn]v ul/Psf] 5 . ;fy} ljj/0f k'l:tsfdf pNNf]v ul/Psf] ljQLo ljj/0f, cGo ljj/0f tyf sfuhftx?sf] ;Totf tyf z'4tf k|lt o; ljj/0f k'l:tsf x:tfIf/ ug{] xfdL ;+rfnsx? Joltmut jf ;fd"lxs ?kdf hjfkmb]lxtf jxg ub{5f}+ tyf nufgLstf{x?nfO{ nufgL ;DaGwdf ;';"lrt lg0f{o lng cfjZos ljj/0f, ;"rgf tyf hfgsf/Lx? pknAw u/fPsf 5f}+ . ;fy} o; ljj/0f k'l:tsf tof/ ubf{ k|rlnt P]g÷lgodsf] kfngf ul/Psf] 5 .

#=$ sf]if ;'kl/j]Ifssf] pb\3f]if0f M o; ljj/0f k'l:tsfdf xfdLn] k'/fjnf]sg u/L cg'df]bg u/]sf] x'gfn] o;df ;dfj]z ul/Psf ;dfu|L h:t} ljQLo ljj/0f, of]hgf

Joj:yfks, sf]if ;'kl/j]Ifs cfbL ;DaGwL ljj/0f tyf hfgsf/Lx? xfdLn] hfg] a' ];Dd oyfy{ /x]sf 5g\ . o; k'l:tsfdf pNMn]v ul/Psf ljj/0fx? :ki6 tyf kof{Kt dfqfdf /flvPsf] 5 / nufgLstf{x?nfO{ nufgL ;DaGwL ;';"lrt lg0f{o lng cfjZos ljj/0f, ;"rgf tyf hfgsf/Lx? pknAw u/fO{Psf 5g\ .

$= of]hgf ;DaGwL ;+lIfKt hfgsf/L M $=! s of]hgfsf] gfd glan Aofn]G;8\ km08 @ (Nabil Balanced Fund II)

v of]hgfsf] cfsf/ ?= !,@),)),)),)))÷– -Ps ca{ aL; s/f]8_ u of]hgfsf] k|sf/ aGbd'vL (Close-end)

$=@ s lgisfzg ug{ nfluPsf] OsfO{ ;ª\Vof !@,)),)),))) -afx| s/f]8_ v k|lt OsfO{ d"No ?= !)÷– -bz_u Go"gtd laqmL x'g'kg]{ OsfO{ ;ª\Vof ,)),)),))) -5 s/f]8_ 3 clwstd ;sfl/g] OsfO{ ;ª\Vof !%,)),)),))) -kGw| s/f]8_ ª of]hgfsf] cjlw !) jif{ r of]hgf kl/kSj x'g] ldlt of]hgfsf] OsfO{ afF8kmfF6 ePsf] ldltn] !) jif{ . 5 of]hgf laqmL v'Nnf x'g] ldlt @)& ÷)!÷)%

h of]hgf laqmL aGb x'g] ldlt -l56f]df_ of]hgf laqmL aGb x'g] ldlt -l9nf]df_

@)& ÷)!÷)( -a}+ls+u ;do kZrft\_ . @)&%÷)@÷)# -a}+ls+u ;do kZrft\_ .

em OsfO{ laqmL s]Gb|x? g]kfn lwtf]kq af]8{af6 cg'dlt k|fKt u/L ;L–cf:jf (C-ASBA) ;]jfdf ;xefuL a}+s tyf ljQLo ;+:yfx? / ltgsf zfvf sfof{nox? .

cfj]bsn] vl/b ug'{kg]{ Go"gtd OsfO{ ;ª\Vof

!)) -Ps ;o_

6 cfj]bsn] vl/b ug{ ;Sg] clwstd OsfO{ ;ª\Vof

!,@),)),))) -Ps s/f]8 aL; nfv_

7 OsfO{ laqmL tyf afF8kmfF6 ;DaGwL Joj:yf

OsfO{ ljqmLsf nflu cfj]bg lng] sfo{ ;dfKt ePkZrft\ lwtf]kq lgisfzg tyf afF8kmf6 lgb]{lzsf, @)&$ adf]lhd OsfO{sf] afF8kmfF6 ul/g] .

5

8 ;"lrs/0f tyf bf];|f] ahf/ sf/f]jf/ Joj:yf

OsfO{x? g]kfn :6s PS;r]Gh ln= df ;"lrs[t u/L sf/f]jf/sf] Joj:yf ul/g] .

$=# of]hgfsf] d'gfkmf ljt/0fsf] nIo of]hgfn] sdfPsf] v'b d'gfkmfsf] cg'kftdf OsfO{sf] cª\lst d"Nosf] cfwf/df d'gfkmf ljt/0f ul/g] . ;l~rt d'gfkmf (Retained Earning) k'gM nufgL ul/g] .

$=$ OsfO{ vl/b ug{ ;Sg] JolQm tyf ;+:yfx? 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"gadf]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} ;~rosf]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] .

$=% of]hgf Joj:yfkssf] gfd tyf 7]ufgfM

glan OGe]i6d]06 a}+ls+u lnld6]8, sf=lh=sf=d=kf=, j8f g+= !, gS;fn, sf7df8f}F .

:yflkt P]gM sDkgL P]g, @) # / lwtf]kq ;DaGwL P]g, @) # . btf{ ldltM sDkgL /lhi6«f/sf] sfof{nodf btf{ ldltM @) ÷!)÷@$ -btf{ g+= !@!!÷) ÷) &_ . af]8{af6 of]hgf Joj:yfkssf] cg'dlt k|fKt ldltM

@) (÷)%÷@& .

$= of]hgf Joj:yfkssf] n]vfk/LIfssf] gfd tyf 7]ufgf

P;=cf/= kf08] P08 s+ rf6{8{ Psfp06]06\;, dxf/fhu~h, sf7df8f}F .

$=& of]hgfsf] n]vfk/LIfssf] gfd tyf 7]ufgf l6=cf/= pkfWofo P08 s+ rf6{8{ Psfp06]06\;, sf7df8f}F . $=* sf]if ;'kl/j]Ifssf] gfd tyf 7]ufgf != >L gljg s'df/ jdf{ .

7]ufgfM !$!, ;/:jtL yfg dfu{, +u}/Lwf/f , sf7df8f}F . @= >L b]aL k|;fb zdf{ la8f/L . 7]ufgfM Efmfkf, 3}nf8"Aaf .

#= l;=P= dbg s[i0f zdf{ 7]ufgfM afn'jf6f/, sf7df8f}F, # . $= >L b]a axfb'/ af]xf]/f 7]ufgfM b]lxdf08f}, a}t8L . %= >L kmQ axfb'/ s]=;L

7]ufgfM %$!,l8NnLahf/, sf7df8f}F @( = k|fWofks kjg s'df/ cf]emf 7]ufgfM !()÷%$, :n]ifdfGts dfu{, l;gfd+un, sf7df8f}F,( . df

&= k|fWofks 8f= ljho s'df/ s]=;L= 7]ufgfM %÷( laqmd ejg, dfgejg, nlntk'/ .

*= k|fWofks 8f= z"/jL/ kf}8\ofn 7]ufgfM #!@÷!# uLtf+hnL dfu{, sf7df8f}F $ .

(= >L ljgf]b afa' sf n] 7]ufgfM zTo ;fO{ uNnL, sf]6]Zj/, sf7df8f}+ #% .

$=( /]l6Ë sDkgL tyf of]hgfsf] /]l6Ë ;+s]t sf]if k|a{4ssf] /]l6Ë M "[ICRANP - IR] AA- (Reaffirmed)"

of]hg Aoa:yfkssf] /]l6Ë M "[ICRANP] AMC Quality 3+ (AMC3+) (Reaffirmed)" $=!) nufgLsf If]qx? lgodfjnLsf] lgod #$ Pj+ lgb]{lzsfsf] cwLgdf /xL of]hgfsf] OsfO{ laqmLaf6 p7]sf] jf ;+sng

ePsf] /sd b]xfo adf]lhd s'g} jf ;a} If]qdf nufgL x'g]5 M != af]8{df btf{ ePsf] lwtf]kq . @= ;fj{hlgs lgisfzg ePsf] lwtf]kq . #= lwtf]kq ljlgod ahf/df ;"rLs[t 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}+sn] hf/L u/]sf] C0fkq, 6«]h/L lan tyf d'b|f ahf/sf cGo ;fwgx? . %= a}+s lgIf]k . = d'b|f ahf/ pks/0f . &= af]8{n] tf]lslbPsf] cGo If]q .

$=!! of]hgfsf] btf{ tyf x:tfGt/0f ug{ lgo'Qm l8kf]lh6/Lsf] gfd / 7]ufgf

glan OGe]i6d]G6 a}+ls+u lnld6]8, gS;fn, sf7df8f}+ .

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

lgb]{lzsfn] Joj:yf u/] adf]lhd v'b ;DklQ d"No u0fgf ul/g] / ;f] ljj/0f lgodfjnLn] Joj:yf u/]adf]lhd ;fj{hlgs ul/g] 5 . ;f] ;DaGwL lj:t[t ljj/0f o; ljj/0f k'l:tsfsf] a'Fbf *=( -s_ /

6

-v_ df pNn]v ul/Psf] . %= sf]if k|j4{s;DaGwL hfgsf/L M %=! sf]if k|j4{ssf] gfd M >L glan a}+s lnld6]8 %=@ of]hgf Joj:yfks sDkgLdf z]o/ :jfldTjsf] k|ltzt M sf]if k|a4{s >L glan a}+s lnld6]8sf] of]hgf Joj:yfks sDkgLdf r'Qmf k"FhLsf] %@ k|ltzt z]o/ :jfldTj /x]sf] . %=# sf]if k|j4{s :yflkt ePsf] P]g÷lgod;DaGwL ljj/0f M

k|rlnt sDkgL P]gcGtu{t ;+:yflkt / ;~rflnt Pj+ a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)&# cg';f/ sf/f]af/ ug{ Ohfht k|fKt .

%=$ sf]if k|j4{ssf] ;+lIfKt Oltxf; M glan a}+s lnld6]8 k|rlnt sDkgL sfg"g adf]lhd ldlt @)$!÷)!÷@( df g]kfn ;/sf/ sDkgL /lhi6«f/sf] sfof{nodf klAns lnld6]8 sDkgLsf] ?kdf btf{ ePsf] xf] . ldlt @)$!÷)#÷!@ df g]kfn /fi6« a}+saf6 ljQLo sf/f]jf/ ug{ :jLs[lt k|fKt u/L a}+sn]] @)$!÷)#÷@( ut] b]lv cf gf] ljQLo sf/f]jf/ ub}{ cfPsf] 5 . a}+s tyf ljQLo ;+:yf;DaGwL P]g, @) # -tTsfnLg a}+s tyf ljQLo ;+:yf ;DaGwL cWofb]z, @) !_ adf]lhd g]kfn /fi6« a}+saf6 æsÆ ju{sf] ljQLo ;+:yfsf] ?kdf a}+snfO{ ldlt @) #÷)@÷!@ df k'gM Ohfht k|fKt eO{ æsÆ ju{sf] Ohfhtk|fKt ;+:yfsf] ?kdf a}+sn] cfkm\gf] sf/f]af/ ;~rfng ul//x]sf] 5 . o; a}+sdf &)% z]o/ :jfldTj ;+:yfks z]o/wgLx?sf] / #)Ü z]o/ :jfldTj ;j{;fwf/0f z]o/wgLx?sf] /x]sf] 5 . a}+ls+u If]qdf o; a}+sn] Ps cu|0fL a}+ssf] e"ldsf lgjf{x ul//x]sf] 5 .

%=% sf]if k|j4{ssf k|d'v p2]Zox? M

sDkgLsf] k|aGwkqcg';f/ sDkgLsf d'Vo p2]Zox? b]xfo adf]lhd /x]sf 5g\ M -s_ a}+ssf lgIf]kstf{ tyf z]o/wgLsf] xslxtsf] ;+/If0f / ;Dj4{g ub}{ ;j{;fw/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 j[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] k"FhLnfO{ PsLs[t u/L ;+:yfut nufgL tyf :j:y k|lt:kwf{sf] dfWodaf6 ljQLo dWo:ytfsf] ;]jf pknAw u/fpg] .

%= sf]if k|j4{ssf] ljut tLg jif{sf] ljQLo ljj/0f

glan a}+s ln= sf] 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 tLg jif{sf] k|lt z]o/ cfDbfgL -clg{Ë k/ z]o/_ / k|lt z]o/ g]6jy{;DaGwL ljj/0f b]xfo adf]lhd /x]sf] 5 M

s= ;dli6s[t jf;nft -?= xhf/df_

ljj/0f

jf:tljs

2072÷73# 2073÷74# 2074÷75# kf}if d;fGt* 2075÷76#

;DkQL

gub tyf gub ;dfg 6,082,913 7,301,867 8,232,272 9,001,281g]kfn /fi6« a}+sdf /x]sf] d}fHbft tyf lng'kg]{ /sd 5,231,334 5,924,570 7,372,285 17,539,611a}+s tyf ljQLo ;+:yfdf /x]sf] df}Hbft tyf nufgL 18,266,762 20,514,705 10,160,281 - Jo"TkGg -8]l/e]l6e_ ljQLo pks/0f 24,341 32,655 - -cGo Jofkfl/s ;DklQx? 23,270 58,697 74,553 -a}{s tyf ljQlo ;:yfnfO k|jffx u/]sf] shf{ tyf ;fk6L

2,778,685 3,322,322 4,565,790 -

u|fxsx?nfO{ k|jfx u/]sf] shf{ tyf ;fk6L 75,432,462 89,149,019 109,059,365 130,710,675lwtf]kqdf u/]sf] nufgL 21,540,016 15,473,134 18,535,083 18,207,672

7

rfn" s/ ;DklQ 6,446 68,291 258,454 -;xfos sDkgLdf nufgL - - - 80,000;Da4 sDkgLdf nufgL 50,192 67,766 79,586 -;DklQdf nufgL - - 8,219 -;DklQ / pks/0f 787,743 813,124 1,007,738 997,292u'8jLn -Voflt_ / cd"t{ ;DklQ 14,537 61,588 50,871 43,798:yug s/ ;DklQ - - 4,033 -cGo ;DklQ 1,447,115 1,622,712 2,116,700 1,630,550s"n ;DklQ 131,685,814 144,410,449 161,525,230 178,210,879bfloTj a}+s tyf ljQLo ;+:yfnfO{ ltg{ afFsL /sd 2,879,619 4,504,662 1,168,665 -g]kfn /fi6« a}+snfO{ ltg{ afFsL /sd - 13,385 32,518 -Jo"TkGg -8]l/e]l6e_ ljQLo pks/0f - - 53,840 -u|fxsx?sf] lgIf]k bfloTj 109,231,771 117,224,625 134,571,083 149,346,604;fk6L - - - 404,700rfn" s/ bfloTj - - - -Joj:yf /sdx? - - - -:yug s/ bfloTj 1,164,326 1,043,006 1,009,762 -cGo bfloTjx? 3,478,820 4,377,502 3,769,895 5,690,377hf/L ul/Psf] C0fkq 300,000 300,000 60,000 -c;'/lIft ;xfos cfjlws bfloTj - - - - s"n bfloTj 117,054,536 127,463,180 140,665,763 155,441,681k'FhL z]o/ k'FhL 6,185,507 8,043,221 8,043,221 8,043,221z]o/ lk|ldod 74 74 74 -;l~rt d'gfkmf 1,176,727 1,038,145 3,378,389 -hu]8f 7,153,219 7,722,635 9,288,252 14,591,470z]o/wgLx?sf] s"n h]yf 14,515,527 16,804,075 20,709,936 22,634,691u}/ lgolGqt :jfy{ 115,751 143,193 149,531 134,507hDdf k'FhL 14,631,278 16,947,268 20,859,467 22,769,198hDdf bfloTj / k'FhL 131,685,814 144,410,449 161,525,230 178,210,879;Defljt bfloTj tyf k|ltj4tf 35,287,042 30,633,158 42,383,471 k|lt z]o/ v"b ;DklQ 180.47 208.92 257.48

* kf}if d;fGtsf] Joj:yfkgaf6 k|dfl0ft ckl/is[t ljQLo ljj/0f # As per NFRS

v= ;dli6s[t gfkmf–gf]S;fg lx;fj

ljj/0f jf:tljs -?= xhf/df_

2072÷73 ! Aofh cfDbfgL 6,170,462 @ Aofh vr{ 1,829,491 v'b Aofh cfDbfgL 4,340,971 # sldzg tyf l8:sfp06 508,797 $ cGo ;~rfng cfDbfgL 381,205 % ;6xL 36a9 cfDbfgL 586,057 s'n ;~rfng cfDbfgL 5,817,031 ^ sd{rf/L vr{ 787,901 & cGo ;~rfng vr{ 623,966 * ;6xL 36a9 gf]S;fg - ;Defljt gf]S;fgL Joj:yf cl3sf] ;~rfng d'gfkmf÷gf]S;fg 4,405,165 ( ;Defljt gf]S;fgL Joj:yfx? 5,076 ;~rfng d'gfkmf 4,400,089!) u}/ ;~rfng cfDbfgL÷- vr{_ 44,436 !! ;Defljt gf]S:ffgL Joj:yfaf6 lkmtf{ 52,151

8

lgoldt sf/f]af/af6 ePsf] d'gfkmf 4,496,675 !@ c;fdfGo sf/f]af/x?af6 ePsf] d'gfkmf÷-gf]S;fg_ (47,301) ;Dk"0f{ sf/f]af/ ;dfj]zkl5sf] v'b d'gfkmf 4,449,375 !# sd{rf/L af]g; Joj:yf 405,836 !$ cfos/ Joj:yf 1,201,868 o; jif{sf] 1,212,397 ut jif{sf] - o; jif{sf] :yug s/ (cfDbfgL)÷vr{ (10,529) !% ;xfos sDkgL d'gfkmfdf lgoGq0f gx'g] :jfy{sf] lx:;f 18,210 v'b gfkmf÷-gf]S;fg_ 2,823,461

-?= xhf/df_

ljj/0f

jf:tljs

2073÷74# 2074÷75# kf}if d;fGt* 2075÷76#

Aofh cfDbfgL 8,219,431 11,386,498 7,350,339Aofh vr{ 2,586,866 5,082,716 3,713,287v"b Aofh cfDbfgL 5,632,565 6,303,782 3,637,052z'Ns tyf sldzg cfDbfgL 1,056,727 1,133,797 695,268z'Ns tyf sldzg vr{ 15,351 21,907 67,249v"b z'Ns / sldzg cfDbfgL 1,041,376 1,111,889 628,019v"b Aofh, z'Ns / sldzg cfDbfgL 6,673,941 7,415,672 4,265,071v"b Jofkfl/s cfDbfgL 322,250 383,657 -cGo ;~rfng cfDbfgL 470,735 544,312 473,319s"n ;~rfng cfDbfgL 7,466,925 8,343,641 4,738,390shf{ tyf cGo gf]S;fgLsf] nflu Joj:yf÷-lkmtf{_ (12,410) 175,858 229,754v"b ;~rfng cfDbfgL 7,479,335 8,167,782 4,508,636;~rfng vr{ sd{rf/L vr{ 1,450,087 1,750,313 956,755cGo ;~rfng vr{ 561,649 593,969 455,203x|f;s6\6L / kl/zf]wg 107,072 129,418 -;~rfng d'gfkmf 5,360,526 5,694,083 3,096,678u}/ ;~rfng cfDbfgL 33,721 23,009 1,762u}/ ;~rfng vr{ 4,887 6,805 -cfos/ cl3sf] d'gfkmf 5,389,360 5,710,286 3,098,440cfos/ vr{ rfn" s/ vr{ 1,569,235 1,701,136 912,485:yug s/ 28,597 (12,168) -o; cjlwsf] d'gfkmf 3,791,528 4,021,318 2,185,955d'gfkmf afF8kmfF8 a}+ssf z]o/wgLx? 3,749,686 4,000,580 u}/ lgolGqt :jfy{ 41,842 20,738 o; cjlwsf] d'gfkmf 3,791,528 4,021,318 -k|lt z]o/ cfDbfgL cfwf/e"t k|lt z]o/ cfDbfgL 47.14 50.00 3'lnt -8fOn'6]8_ k|lt z]o/ cfDbfgL 47.14 50.00

* kf}if d;fGtsf] Joj:yfkgaf6 k|dfl0ft ckl/is[t ljQLo ljj/0f # As per NFRS cGo lj:t[t cfDbfgLsf] ljj/0f


2073÷74# 2074÷75#o; jif{sf] d'gfkmf 3,791,528 4,021,318cfos/ kl5sf] cGo lj:t[t cfDbfgL

9

-s_ gfkmf÷gf]S;fgdf k'gj{lu{s/0f gul/g] lzif{sx? – xfnsf] d"Nodf -km]o/ EofNo'_ d"NofÍg ul/Psf OlSj6L pks/0fdf ul/Psf] nufgLaf6 gfkmf÷-gf]S;fg_

(447,231) (164,537)

– k'gd{"NofÍgaf6 ePsf] gfkmf÷-gf]S;fg_ - -

– kl/eflift nfe of]hgfaf6 ePsf] ladfÍL gfkmf÷-gf]S;fg_ (52,496) 80,841– dfly pNn]lvt lzif{sx?df cfos/ 149,918 25,109gfkmf÷-gf]S;fg_ df k'gj{lu{s/0f gul/g] cGo v"b lj:t[t cfDbfgL (349,809) (58,588)-v_ gfkmf÷gf]S;fgdf k'gj{lu{s/0f ul/Psf jf ug{ ;lsg] lzif{sx? – gub k|jfxdf x]lhËaf6 ePsf] gfkmf÷-gf]S;fg_ - -– ljb]zL ;~rfngsf] ljQLo ;DklQ ?kfGt/0faf6 ePsf] ;6xL gfkmf÷-gf]S;fg_ - -– gfkmf÷gf]S;fgdf k'gj{lu{s/0f - -gfkmf÷-gf]S;fg_ df k'gj{lu{s/0f ul/Psf jf ug{ ;lsg] cGo v"b lj:t[t cfDbfgL - --u_ OlSj6L ljlwaf6 n]vf°g ul/Psf] ;Da4 sDkgLsf] cGo lj:t[t cfDbfgLsf] c+z - -o; jif{sf] cfos/ kl5sf] cGo lj:t[t cfDbfgL (349,809) (58,588)hDdf lj:t[t cfDbfgL 3,441,720 3,962,730s"n lj:t[t cfDbfgLsf] afF8kmfF8 a}+ssf z]o/wgL 3,399,877 3,941,992u}/ lgolGqt :jfy{ 41,842 20,738o; cjlwsf] s"n lj:t[t cfDbfgL 3,441,720 3,962,730

# As per NFRS u= ;dli6s[t gfkmf gf]S;fg afF8kmfF6 lx;fa


2072÷73 cfDbfgL ut jif{;Ddsf] k'g:yf{lkt ;l~rt d'gfkmf 706,822 o; jif{sf] d'gfkmf 2,823,461 ;6xL 36a9 sf]if - k"FhL ;dfof]hg sf]if - :yug s/ sf]if - nufgL ;dfof]hg sf]if 13,150 nfef+z ;dLs/0f sf]if - e}k/L cfpg] sf]if 250

hDdf 3,543,682 vr{ ut jif{;Ddsf] ;l~rt gf]S;fg - o; jif{sf] gf]S;fg - ;fwf/0f hu]8f sf]if 564,000 e}k/L cfpg] hu]8f sf]if 1,000 ;+:yf ljsf; sf]if - nfef+z ;dLs/0f sf]if - sd{rf/L ;DaGwL hu]8fx? - k|:tfljt gub nfef+z 711,519 k|:tfljt af]g; z]o/ 1,428,937 ljz]if hu]8f sf]if 5,141 ;6xL 36a9 sf]if 59,200 k"FhL lkmtf{ hu]8f sf]if 108,000 kF"hL ;dfof]hg sf]if - :yug s/ sf]if 10,529 nufgL ;dfof]hg sf]if - ;xfos sDkgLsf] d'gfkmfdf lgoGq0f gx'g] :jfy{sf] lx:;f 5,258 ;+:yfut ;fdflhs pQ/bfloTj sf]if - sd{rf/L k|lzIf0f tyf bIftf clej[¢L sf]if - hDdf 2,893,585 ;l~rt d'gfkmf÷gf]S:ffg 650,098

10

3= ;dli6s[t gub k|jfx ljj/0f


2072÷73 -s_ sf/f]jf/ ;~rfngaf6 gub k|jfx (4,488,430) ! gub k|flKt 7,387,447 !=! Jofh cfDbfgL 5,897,880 !=@ sldzg tyf l8isfpG6 cfDbfgL 517,439 !=# ljb]zL lalgdo sf/f]jf/af6 cfDbfgL 586,057 !=$ ckn]lvt shf{sf] c;'nL 4,865 !=% cGo cfDbfgL 381,205 @ gub e'QmfgL (4,614,331) @=! Aofh vr{ (1,829,280) @=@ sd{rf/L vr{ (1,045,619) @=# sfof{no ;~rfng vr{ (517,953) @=$ cfos/ e'QmfgL (1,215,390) @=% cGo vr{ (6,088) sfo{ut k"FhL (Working Capital) ultljlw cl3sf] gub k|jfx 2,773,116 ;~rfng;DaGwL rfn' ;DklQdf sdL÷-a[l4_ (13,277,156) ! dfu tyf cNk ;"rgfdf k|fKt x'g] /sddf sdL÷-a[l4_ (66,477) @ cGo cNksfnLg nufgLdf sdL÷-a[l4_ (1,884,577) # shf{ tyf ljN; vl/bdf sdL÷-a[l4_ (10,614,808) $ cGo ;DklQdf sdL÷-a[l4_ (711,293) ;~rfng;DaGwL rfn' bfloTjdf -a[l4_÷sdL 6,015,610 ! lgIf]k bfloTjdf a[l4÷-sdL_ 6,253,832 @ ;l6{lkms]6 ckm l8kf]lh6df a[l4÷-sdL_ - # cNksfnLg ;fk6Ldf a[l4÷-sdL_ 1,900,055 $ cGo bfloTjdf a[l4÷-sdL_ (2,138,276) -v_ nufgL sf/f]af/df gub k|jfx (3,566,725) ! bL3{sfnLg nufgLdf -sdL_÷j[lw (3,666,474) @ l:y/ ;DklQdf -sdL_÷j[lw (81,971) # bL3{sfnLg nufgLdf Aofh cfDbfgL 130,125 $ nfef+z cfDbfgL 51,595 % cGo - -u_ ljQLo >f]t sf/f]jf/af6 gub k|jfx (104,043) ! bL3{sfnLg C0f -a08, l8a]Gr/ cflb_ df a[l4÷-sdL_ - @ z]o/ k"FhLdf a[l4÷-sdL_ 66,419 # cGo bfloTjdf -a[l4÷-sdL_ - $ g]kfn /fi6« a}+saf6 k|fKt ;x'lnot÷k'g/shf{df a[l4÷-sdL_ - % nfef+z vr{ (170,462) -3_ gub tyf a}+s df}Hbftsf] ljlgdo b/df ePsf] km/saf6 cfDbfgL÷-vr{_ - -ª_ o; jif{sf] ;Dk"0f{ ultljlwaf6 gub k|jfx (8,159,198) -r_ gub tyf a}+sdf /x]sf] z'? df}Hbft 18,651,728 -5_ gub tyf a}+sdf /x]sf] clGtd df}Hbft 10,492,530


2073÷74# 2074÷75# sf/f]jf/ ;+rfngaf6 gub k|jfx Jofh k|fKt 8,065,591 11,285,314z'Ns tyf cGo k|fKtL 918,132 1,089,525nfef+z k|fKt - -cGo sf/f]jf/ ;+rfngaf6 k|fKtL 914,930 962,816Jofh e'QmfgL (2,604,555) (5,088,836)sldzg tyf z'Ns e'QmfgL (15,351) (21,907)

11

sd{rf/Lx?nfO{ gub e'QmfgL (1,253,717) (1,652,622)cGo vr{ e'QmfgL (688,338) (815,586);+rfng ;DklQ / bfloTjsf] 36a9 cl3sf] ;+rfng gub k|jfx 5,336,693 5,758,703;+rfng ;DaGwL rfn' ;DklQdf 36÷-a9_ g]kfn /fi6« a}+saf6 afFsL /sddf (693,235) (1,447,715)a}+s tyf ljQLo ;+:yfx?df /x]sf] df}Hbftdf (2,247,943) 10,354,424cGo Jofkfl/s ;DklQdf (37,223) (28,106)a}+s tyf ljQLo ;+:yfx?nfO{ lbOPsf] shf{ tyf ;fk6Ldf (440,359) (1,178,915)u|fxsnfO{ lbOPsf] shf{ tyf ;k6Ldf (13,716,557) (19,910,346)cGo ;DklQdf (231,557) (655,146)

;+rfng ;DaGwL rfn' bfloTjdf 36÷-a9_ a}+s tyf ljQLo ;+:yfx?nfO{ lbg' kg]{ afFsL /sddf 1,625,098 (3,335,997)g]kfn /fi6« a}+snfO{ lbg' kg]{ afFsL /sddf 13,385 19,133u|fxssf] lgIf]kdf 7,992,855 17,346,458C0f ;fk6Ldf - -cGo bfloTjdf 1,029,404 750,691cfos/ cuf8Lsf] sfo{ut ultljlwaf6 v'b gub k|jfx (1,369,440) 7,673,183cfos/ e'QmfgL (1,611,357) (1,690,102)sfo{ut ultljlwaf6 v'b gub k|jfx (2,980,796) 5,983,080nufgL sf/f]jf/df gub k|jfx lwtf]kq vl/b (80,000) (3,069,949)lwtf]kq laqmL 6,146,882 8,000l:y/ ;DklQsf] vl/b (69,637) (305,860):y/ ;DklQsf] laqmL - -cd"t{ ;DklQsf] vl/b - -cd"t{ ;DklQsf] laqmLaf6 k|fKtL - -nufgL ;Dklt vl/b - -nufgL ;dklQ laqmLaf6 k|fKtL - -;fxos sDkgL, ;Da4 / ;+o'Qm pBddf ePsf] nufgL - -Jofh k|fKtL - -nfef+z k|fKt 91,238 127,842nufgL sf/f]jf/df k|of]u ePsf] v'b gub 6,088,483 (3,239,967)

ljQLo >f]t sf/f]jf/af6 gub k|jfx C0fkq lgisfzgaf6 k|fKt - (240,000)C0fkqsf] e'QmfgL - -c;'/lIft bfloTjsf] lgisfzgaf6 k|fKtL - -c;'/lIft bfloTjdf ePsf] e'QmfgL - -z]o/ lgisfzgaf6 k|fKt 1,857,714 -nfef+z e'QmfgL (427,594) (1,472,236)Jofh e'QfmgL - -cGo k|fKtL÷e'Qmfg (3,318,852) (100,473)ljQLo >f]t sf/f]jf/af6 v'b gub (1,888,731) (1,812,708)gub k|jfxdf ePsf] v'b 36÷-a9_ 1,218,955 930,405gub tyf gub ;dfgsf] z'?jftL df}Hbft 6,082,913 7,301,867gub tyf gub ;dfgsf] ljlgdo b/df ePsf] km/s - -gub tyf gub ;dfgsf] clGtd df}Hbft 7,301,867 8,232,272.05

# As per NFRS

12

ª= ljut tLg jif{sf] k|lt z]o/ cfDbfgL -clg{Ë k/ z]o/_ / k|lt z]o/ g]6jy{ ;DaGwL ljj/0f


2072÷73 2073÷74# 2074÷75# z]o/ ;ª\Vof 6,18,55,070 8,04,32,210 8,04,32,210

k|lt z]o/ g]6jy{ -?_= 244.00 207.62 255.95

k|lt z]o/ cfDbfgL -EPS_ 59.27 46.03** 49.51**

* * Diluted EPS # As per NFRS = of]hgf Joj:yfks ;DaGwL ljj/0f M =! of]hgf Joj:yfkssf] kl/ro M

-s_ of]hgf Joj:yfkssf] gfd M >L glan OGe]i6d]G6 a}+ls+u lnld6]8 . -v_ of]hgf Joj:yfks :yflkt ePsf] P]g÷lgod;DaGwL ljj/0fM of]hgf Joj:yfks sDkgLM >L glan OGe]i6d]G6 a}+ls+u lnld6]8 sDkgL P]g, @) # / lwtf]kq ;DaGwL P]g, @) # cGtu{t lwtf]kq

Joj;foLM dr]{G6 a}+s/sf] ?kdf :yfkgf ePsf] xf] . -u_ of]hgf Joj:yfkssf] /lhi68{ 7]ufgf M

sf7df8f}F lhNnf, sf7df8f}F dxfgu/kflnsf, gf/fo0frf}/, gS;fn . -3_ of]hgf Joj:yfkssf] :yfkgfsfnb]lv xfn;Ddsf] ;+lIfKt Oltxf; M glan OGe]i6d]G6 a}+ls+u lnld6]8 sDkgL P]g, @) # cGtu{t ldlt @)^ ÷!)÷@$ df g]kfn ;/sf/, pBf]u dGqfno, sDkgL

/lhi6«f/sf] sfof{nodf btf{ ePsf] xf] . sDkgLn] lwtf]kq ;DaGwL P]g @) # cGtu{t lwtf]kq Joj;foLM dr]{G6 a}+s/sf] ?kdf sfo{ ug{ g]kfn lwtf]kq af]8{af6 ldlt @) &÷)!÷!# df cg'dltkq k|fKt u/L ;]fxL ldltaf6 dr]{G6 a}+ls+u ;]jf k|bfg ub}{ cfPsf] 5 . sDkgLn] cfkm\gf] :yfkgf jif{df lwtf]kq lgisfzg tyf laqmL k|aGwssf] ?kdf ljleGg ;+3 ;+:yfx?sf] lwtf]kqsf] ;fj{hlgs lgisfzg sfo{ u/]sf]df xfn sDkgLn] ;f]sf] cnfjf cfkm"n] k|bfg ug]{ ;]jfnfO{ ljljwLs/0f ub}{ z]o/ k|Tofe"tL ;]jf, z]o/ /lhi6«f/ ;]jf, nufgL Joj:yfkg ;]jf tyf ljQLo k/fdz{ ;]jf;d]t k|bfg ub}{ cfO/x]sf] 5 . ;fy} o; sDkgLn] ldlt @) (÷)%÷@& df g]kfn lwtf]kq af]8{af6 of]hgf Joj:yfks tyf l8kf]lh6/Lsf] sfo{ ug]{ cg'dlt k|fKt u/L glan Do'r'cn km08 cGtu{tsf] klxnf] of]hgf glan Aofn]G;8\ km08 ! sf] of]hgf Aoj:yfks÷l8kf]lh6/Lsf] ¿kdf ;d]t sfo{ u/]sf] / ;f] of]hgf ;kmntfk"j{s ;dfkg u/]sf] / bf];|f] of]hgf glan OSjL6L km08 sf] ljut @ aif{b]lv 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 ePadf]lhd of]hgf Joj:yfkssf k|d'v p2]Zox? b]xfo adf]lhd /x]sf 5g\ M

!= sDkgLsf z]o/wgLsf] xs lxtsf] ;+/If0f / ;Da4{g ug{] . @= nufgLstf{x?nfO{ lwtf]kq Joj;foLsf] ¿kdf u'0f:t/Lo tyf e/kbf{] ;]jf pknAw u/fpg] . #= nufgLstf{x?sf] k"F'hL ahf/tkm{sf] ljZj;lgotf clea[l4 ug{ cfjZos sfo{ ;~rfng ug{] . $= gofF tyf xfn sfod k"FhL ahf/;Fu ;DalGwt ;]jfsf] ljsf;÷lj:tf/ ug{ g]kfn lwtf]kq af]8{;Fu cfjZos ;dGjo ug{]

tyf cfjZostfg';f/ :jLs[lt kf|Kt u/L pRr:t/Lo ;]jf k|bfg ug{] . %= pknAw zLk, >d tyf k"FhLnfO{ plrt kl/rfng u/L u|fdL0f tyf zx/L If]qdf k"FhL ahf/;Fu ;Da4 ;'ljwfx? pknAw

u/fpg cfjZos ljQLo ;fwg, k|fljlws tyf Joj:yfksLo k/fdz{ ;]jf, tflnd tyf k|ljlw pknAw u/fO{ b]zdf kF"hL ahf/sf] ;du| ljsf;sf nflu ;lqmo ?kdf ;+nUg eO{ ;xof]u k'¥ofpg] .

=@ of]hgf Joj:y.kssf] e.jL o.]hgf tyf /0.gLlt

-s_ Joj;fo÷ ;]jf a[l4sf nflu of]hgf Joj:yfkssf] efjL of]hgf / To:tf] of]hgfsf] k|flKtsf nflu rflng] ;doj4 /0fgLlt M

sDkgLn] ahf/sf] cj:yf x]/L cfkm\gf] bf];|f] of]hgf / o; of]hgfsf cltl/Qm cGo ljleGg of]hgfx?;d]t ;~rfngdf Nofpg]5 . af]8{sf] cg'dlt lnO{ lwtf]kq;DaGwL cGo Joj;fox? ug]{ sDkgLsf] of]hgf /x]sf] 5 . sDkgLn] ;do ;fk]If cfkmgf] k|ljlw ;'wf/ u/L g]kfn e/ cfkmgf] ;]jf lj:tf/ ug]{ tyf OGe]i6d]G6 a}+ls+u If]qdf ljljw gofF ;]jf k|bfg 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

ahf/df ;+:yfut nufgLstf{sf] Go"g ;xeflutf /x]sf] at{dfg cj:yfdf o;n] lwtf]kq ahf/ d'Nodf cfpg ;Sg] c:jefljs ptf/ r9fjnfO{ ;Gt'ngdf Nofpg] tyf hg ;fwf/0fsf] nufgLnfO{ plrt tj/n] Joj:yfkg u/L plrt k|ltkmn k|bfg ug{ / ;f] af6 lwtf]kq ahf/df hg;fwf/0fsf] ;xeflutf clea[l4 u/L ;d:t lwtf]kq ahf/sf] ljsf;df ;xof]u k'¥ofpg]5 . o; sDkgLn] cf gf] If]]qdf k|lt:kwL{ /xg cfjZos /0fgLlt tof/ u/]sf] 5 . sDkgL cf gf] nufgLdf /x]sf hf]lvdx? sd u/L eljiodf k"FhL

13

ahf/df dxTjk"0f{ :yfg lng] ljZjf; lnOPsf] 5 . ;fy} o; k|sf/sf] Joj;fodf Joj;flos tyf k|lt:klw{ ;+:yfsf] ¿kdf cl3 a9\g]5 .

=# of]hgf Joj:y.kssf] ;~r.ns ;ldltsf] ;+/rgf / k|ltlglwTj;DaGwL Joj:yf M sDkgLsf] ;~rfns ;ldltsf] ;+/rgf tyf k|ltlglwTj b]xfo adf]lhd /x]sf] 5 M

s / v ;d"xsf] xsdf ;DalGwt ;+:yfx?af6 dgf]lgt x'g] / :jtGq Joj;flos ;~rfnssf] lgo'lQm ;ldltn] ug]{ kf|jwfg /x]sf] 5 . =$ of]hgf Joj:y.kssf] k"FhL ;+/rgf -clws[t k"FhL, hf/L k"FhL tyf r'Qmf k"FhL_ ;DaGwL hfgsf/L s_ clws[t k"FhL M?= @),)),)),))).– -cIf/]kL aL; s/f]8_ ? !)) cls+t b/sf @),)),))) lsQf z]o/df ljeflht v_ hf/L k"FhL M ?= @),)),)),))) .– -cIf/]kL aL; s/f]8_ ? !)) cls+t b/sf @),)),))) lsQf z]o/df ljeflht u_ r'Qmf k"FhL M ?= @),)),)),))).– -cIf/]kL aL; s/f]8_ ? !)) cls+t b/sf @),)),))) lsQf z]o/df ljeflht =% of]hgf Joj:y.kssf] ;+:yfks tyf ;~rfns;DaGwL hfgsf/L -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

qm=;+= gfd 7]ufgf /fli6«otfz]o/ :jfldTj -r'Qmf k"FhLsf] cfwf/df_

z}lIfs of]Uotf

cg'ej

! >L glan a}+s

lnld6]8 tLgwf/f, sf7df8f}F

g]kfnL %@=)) nfu" gx'g]a}+ls+u If]qdf #$ aif{ eGbf a9L b]lv ;]jf lbO/x]sf] s au{sf] Ohfhtk|fKt a}+s

b|i6JoM of]hgf Joj:yfks sDkgLdf afFsL $*=)) k|ltzt z]o/ :jfldTj >L l;=hL=lkmGsf] ln=sf] /x]sf] . -v_ ;~rfnsx?sf] gfd, kb, pd]/, 7]ufgf, /fli6«otf, z}lIfs of]Uotf / cg'ej M

qm=;+= gfd kb pd]/ -jif{_

7]ufgf /fli6«otfz}lIfs of]Uotf

cg'ej

!

>L j+l;w/ l3ld/] -:jtGq Joj;flos ;~rfnssf] tkm{af6_

cWoIf÷

&$gofFahf/, sf7df8f}+

g]kfnLPd= sd / Pd= P;= ;L

g]kfn ;/sf/af6 cjsfz k|fKt -ljz]if >]0fL ;lrj ;/x_

@

>L e/t clwsf/L -:jtGq Joj;flos ;~rfnssf] tkm{af6_

;~rfns ^@ ;}j', nlntk'/ g]kfnL:gftsf]Q/

Joj:yfkg tyf n]vf

ljlQo tyf n]vf Joj:yfkgdf #) aif{sf] cg'ej, ;+rfns, g]kfn :6s PS;r]~h lnld6]8 -@))( tyf @)!)_, sf]/ a}+lsË l;i6d s[lif ljsf; a}+s -@))* tyf @)!)_,

qm=;+= ljj/0f ;ª\Vof ! s ;d"xsf z]o/wgL >L glan a}+s lnld6]8af6 k|ltlglw @ hgf @ v ;d"xsf z]o/wgL >L l;=lh=lkmGsf] ln= af6 k|ltlglw @ hgf # :jtGq Joj;flos ;~rfns @ hgf

hDdf ^ hgf

14

#

>L ljgo s'df/ /]UdL -glan a}+s ln= sf] tkm{af6_

;~rfns %@ Affn'jf6f/, sf7df8f}+

g]kfnL Pd=la=P a}+ls+u tyf ljQLo If]qdf #! jif{eGbf a9Lsf] cg'ej

$

>L s[i0f bQ e§/fO{ -glan a}+s ln= sf] tkm{af6_

;~rfns $^ j8f g+= !), z+vd'n sf7df8f}+

g]kfnL Pd=la=P a}+ls+u tyf ljQLo If]qdf @^ jif{eGbf a9Lsf] cg'ej

% >L /fx'n rf}w/L

;~rfns #%;fg]kf, nlntk'/

g]kfnL

sf]g]{n ljZjljBfno -lkl8lk_, o"P;P

sfo{sf/L lgb]{zs – l;=lh= sf]k{

^

>L ;'efif yfkf -l;=hL=lkmGsf] ln sf] tkm{af6_

;~rfns #* a'9flgns07, sf7df8f}F

g]kfnLPdP;L -

Accounting and Finance_

Beed Management Pvt. Ltd. – 17th October 2008 b]lv 31st August 2015 ;Dd Moses Pvt. Ltd. – 1st October 2017 b]lv 16th July 2018 ;Dd dxfk|aGws -Business Development and sales_ sf] ?kdf sfo{ ug'{ ePsf] .

-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

l;=g+= ;+:yfks sDkgLsf] gfd tyf 7]ufgf

Joj;fo ;~rfnsx?sf] gfd kb 7]ufgf

!=

>L glan a}+s ln=, glan ;]G6/, jLgf dfu{, b/af/dfu{,

sf7df8f}F

a}+lsË

>L zDe' k|;fb kf}8]n cWIfo j8f g+= #, sf7df8f}F>L lgjf{0f s'df/ rf}w/L ;~rfns sf7df8f}F >L k|tfk s'df/ kf7s ;~rfns lqk'/]Zj/, sf7df8f}F >L lj/]Gb/ kf}n bfgL ;~rfns sf7df8f}F>L bof/fd uf]kfn cu|jfn ;~rfns j8f g+= !$, sf7df8f}F>L pkGb| k|;fb kf}8]n ;~rfns sf7df8f}F >L dno d'vhL{ ;~rfns ef/t

@ >L l;=hL=lkmGsf] ln ljQLo ;]jf

>L lgjf{0f s'df/ rf}w/L cWIfo sf7df8f}F >L /fx'n rf}w/L ;~rfns sf7df8f}F >LdtL ;fl/sf rf}w/L ;~rfns sf7df8f}F >LdtL cf>otf sfsL{ rf}w/L

;~rfns sf7df8f}F

>L uhfgg k|;fb ;fx snjf/

;~rfns sn}of, af/f

>L dgf]x/ kfWo] ;~rfns 1fg]Zj/, sf7df8f}+ >L dx]z/fh kGt ;~rfns kSgfhf]n–!^

-3_ ;Ful7t ;+:yfsf] ;~rfns cGo s'g} sDkgL÷;:+yf;+u cfj4 eP To:tf] ;~rfns / cfj4 ePsf] sDkgL÷;+:yfsf] gfd tyf 7]ufgf M qm=;+= ;~rfnssf] gfd cfj4 cGo ;:+yfsf] gfd tyf 7]ufgf kb ! >L j+l;w/ lwld/] ;f] gePsf] . –

@ >L ljgo s'df/ /]UdL -glan a}+s ln= sf] tkm{af6_

glan a}+s lnld6]8, sf7df8f}+, g]kfn k|d'v ;~rfng

clws[t

15

# >L s[i0f bQ e§/fO{ -glan a}+s ln= sf] tkm{af6_

glan a}+s lnld6]8, sf7df8f}+, g]kfn Chief Branch Banking

$ >L /fx'n rf}w/L l;=lh= sf]k{ sfo{sf/L lgb]{zs

% >L ;'efif yfkf -l;=hL=lkmGsf] ln sf] tkm{af6_

l;=hL=sDo"lgs];g k|f=nL=, g]kfn ;xfos dxfk|aGws

^ >L e/t clwsf/L ;f] gePsf] . – -ª_ ;~rfnsx?nfO{ lbOPsf] eQf tyf kfl/>lds ;DaGwL ljj/0f M ;~rfnsx?nfO{ lbOg] eQf tyf kfl/>lds ;DaGwdf lgodfjnLsf] lgod #! df b]xfo cg';f/sf] Joj:yf /x]sf] 5 M -!_ ;~rfns ;ldlt jf cGo pk;ldltsf] a}7sdf pkl:yt eP jfkt k|lt a}7s k|To]s ;~rfns tyf cfdlGqtnfO{ ¿ !),)))÷— eQf

k|bfg ul/g]5 . t/ To:tf cfdlGqt JolQm sDkgLsf sd{rf/L ePdf lghnfO{ ;f] eQf k|bfg ul/g] 5}g . -@_ :jtGq Jojf;flos ljz]if1 ;+rfnsnfO{ kf/jxg tyf ;+rf/ ;'ljfwf jfkt dfl;s ¿ $,))) ÷— eQf k|bfg ul/g]5 . -#_ sDkgLsf] sfdsf] l;nl;nfdf b]zleq jf lab]z e|d0fdf hfFbf b]xfoadf]lhdsf] b}lgs tyf e|d0f eQf e'QmfgL lbO{g]5 M -s_ k|yd >]0fLsf] oftfoft ;'ljwf lanadf]lhd -v_ cfjf; tyf ef]hgsf] lgldQ % tf/] xf]6nsf] lanadf]lhd -u_ b}lgs eQf M

g]kfn leq g]=? #,)))÷— ef/t leq ef=? #,)))÷— ef/t afx]s cGo ;fs{ d'n'sx?df cd]l/sL 8n/ !%) a/fa/ afFsL cGo d'n'sx?df b}lgs cd]l/sL 8n/ @))

= of]hgf Joj:y.kssf] sd{rf/L;DaGwL hfgsf/L -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=;+= Gfd kb pd]/ -jif{_

z}lIfs of]Uotf

cg'ej -;DalGwt jf cGo_

! >L ;la/ afb] >]i7 k|d'v sfo{sf/L clws[t #$ Pl;l;P

– k|d'v sfo{sf/L clws[t, glan OGe]i6d]G6 a}+ls+u lnld6]8, r}q @)&$ b]lv – glan OGe]i6d]G6 a}+ls+u lnld6]8df k|d'v OGe]i6d]G6 a}+ls+usf] ?kdf r}q, @)&@ b]lv cfj4 –PgcfO{laPn Soflk6n dfs]{6\; ln= NIBL Mutual

Fund sf] k|d'vsf] ?kdf sl/a # aif{sf] sfof{g'ej – BDO International, ;+o'Qm /fHodf Assistant

Manager sf] ?kdf Audit, Advisory, Global

Outsourcing df sl/a # jif{sf] sfo{fg'ej

@ >L ;lrGb| 9'éfgf k|d'v– ljQ tyf k|zf;g

#! ;L=P

– glan OGe]i6d]G6 a}+ls+u lnld6]8df k|d'v ljQ tyf k|zf;gsf] ?kdf sl/a ! jif{sf] sfof{g'ej –PgcfO{laPn Soflk6n dfs]{6\; ln=df k|d'v – Do'rn km08, n]vf tyf k|zf;gsf] ?kdf sl/a !=% aif{sf] sfof{g'ej – P;cf/ kf08] P08 s+= df Audit Manager sf] ?kdf sl/a # aif{sf] sfof{g'ej –lkPn >]i7 P08 s+= df Audit Officer sf] ?kdf sl/a # aif{sf] sfof{g'ej

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

qm=;+= gfd kb >fj0f !, @)&$ b]lv cfiff9 d;fGt, @)&% sf] Ps cfly{s jif{sf] tna tyf eQf -¿=_

! >L ;la/ afb] >]i7 k|d'v sfo{sf/L clws[t 15,17,035.14

16

@ >L ;lrGb| 9'éfgf k|d'v– n]vf tyf k|zf;g 9,00,286.43* *ldlt @)&$÷)^÷@ ut]af6 lgo'Qm =& of]hgf Joj:y.kssf] ;~r.ng cjlw tLg jif{ Joltt e};s]sf] eP ljut tLg jif{sf] / tLg jif{ Joltt 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|jfxsf] ljj/0f M s= jf;nft -?=xhf/df_

ljj/0f jf:tljs kf}if d;fGt*

2075/76#2072/73# 2073/74# 2074/75# ;DklQx? gub jf ;f] ;/x 278,025 338,444 511,508 343,922ljQLo nufgLdf -e'QmfgL ldlt;Dd wf/0f ug]{_ 83,000 163,000 155,000 155,000ljQLo nufgLdf -Jofkfl/s nufgL_ 23,270 58,697 74,553 62,651ljQLo nufgLdf -laqmLsf] nflu pknAw_ - - - -;DklQ Knf06 / pks/0fx? 17,530 22,159 21,478 18,898cd't{ ;DklQ 294 173 537 472cGo ;DklQ 59,449 56,777 46,391 56,373jt{{dfg cfos/ ;DklQ 1,111 15,309 12,241 11,385:yug s/ ;DklQ - - 4,033 4,033hDdf ;DklQ 462,679 654,559 825,742 652,733bfloTjx? nufgLstf{x?nfO{ lkmtf{ ug'{kg]{ /sd 161,276 290,579 465,143 345,584cGo ljQLo bfloTj 52,609 49,810 40,451 21,712cGo bfloTj 6,424 14,736 9,017 5,214lanlDat s/ bfloTj 1,222 1,116 - -hDdf bfloTj 221,531 356,239 514,611 372,509OlSj6L z]o/ k"FhL 150,000 150,000 200,000 200,000;+lrt gfkmf 71,348 128,519 111,130 80,223cGo hu]8f tyf sf]if 19,800 19,800 - -hDdf OlSj6L 241,148 298,319 311,130 280,223hDdf bfloTj tyf OlSj6L nufgL 462,679 654,558 825,741 652,733

* kf}if d;fGtsf] Joj:yfkgaf6 k|dfl0ft ckl/is[t ljQLo ljj/0f # As per NFRS v= gfkmf gf]S;fg lx;fa

ljj/0f jf:tljs -?=xhf/df_

2072÷73 cfDbfgL

dr]{G6 a}+ls+uaf6 cfDbfgL 24,261.42 ;fd'lxs nufgL sf]ifaf6 cfDbfgL 35,204.35 Aofh cfDbfgL 16,303.02 cGo cfDbfgL 16,475.79 hDdf cfDbfgL 92,244.59

vr{ sd{rf/L vr{ 12,594.25 ;fwf/0f ;~rfng vr{ 18,092.16 X|f;s§L vr{ 4,614.35 Aofh vr{ 1,302.76 ;+lbUw C0fsf] nflu k|fjwfg

hDdf vr{ 36,603.52 lgoldt sf/f]af/af6 ePsf] d'gfkmf 55,641.07 sd{rf/L af]g; Joj:yf 5,058.28

17

s/ cufl8sf] gfkmf 50,582.79 cfos/ Joj:yf 12,645.70 o; jif{sf] 12,688.29 :yug s/ (42.59)

v'b gfkmf÷-gf]S;fg_ 37,937.09 -?=xhf/df_

ljj/0f jf:tljs kf}if d;fGt*

2075/76#2073/74# 2074/75#

cfDbfgL dr]{G6 a}+l+sË Jofj;foaf6 cfDbfgL 37,189 23,188 8,403Do'rcn km08 Joj:yfkgaf6 cfDbfgL 60,482 53,254 9,021Aofh cfDbfgL 70,914 41,725 25,697cGo cfDbfgL 14,282 11,853 3,868ljQLo nufgLaf6 gfkmf÷gf]S;fgL (1,796) (12,250) (4,887)hDdf cfDbfgL 181,071 117,771 42,102vr{x? sd{rf/L vr{ 26,943 23,163 10,657Aofh vr{ 1,129 2 -;DklQ / pks/0fdf x|f;s6[L 5,323 5,321 2,614cd't{ ;DklQsf] x|f;s6[L 232 176 65cGo ;+rfng vr{ 29,688 33,728 15,776hDdf vr{ 63,314 62,389 29,112s/ cl3sf] ;+rfng gfkmf 117,758 55,382 12,990cfo s/ vr{– rfn' aif{ 30,692 17,798 12,990cfo s/ vr{– ut aif{ - (79) 3,897:yug s/ vr{ -cfDbfgL_ (106) (5,149) -aflif{s gfkmf 87,171 42,811 (3,897)gfkmf gf]S;fgsf] ljj/0f adf]lhd jif{sf] v'b gfkmf jf gf]S;fg 87,171 42,811 (3,897)lj:t[[t gfkmf÷gf]S;fgL - - -jif{sf] hDdf lj:t[t gfkmf÷gf]S;fg -s/ jfx]s_ 87,171 42,811 9,093

* kf}if d;fGtsf] Joj:yfkgaf6 k|dfl0ft ckl/is[t ljQLo ljj/0f # As per NFRS u= gfkmf gf]S;fg afF8kmfF6 lx;fa


2072÷73cfDbfgL

ut jif{;Ddsf] ;l~rt d'gfkmf 44,592.29o; jif{sf] d'gfkmf 37,937.09:yug s/ sf]if -

hDdf 82,529.38vr{ - ut jif{;Ddsf] ;l~rt gf]S;fg - o; jif{sf] gf]S;fg - :yug s/ sf]if 42.593nfef+z e'QmfgL 21,000.00

hDdf 21,042.59;l~rt d'gfkmf÷-gf]S;fg_ 61,486.79

18

3= gub k|jfx ljj/0f


2072÷73-s_ sf/f]jf/ ;+rfngaf6 gub k|jfx (2,678,980.07)

! gub k|flKt 92,244.59 !=! dr]{G6 a}+ls+uaf6 cfDbfgL 24,261.42 !=@ Aofh cfDbfgL 16,303.02 !=# cGo cfDbfgL 16,475.79 !=$ ;fd'lxs nufgL sf]ifaf6 cfDbfgL 35,204.35 @ gub e'QmfgL (44,901.59) @=! sd{rf/L vr{ (16,172.81) @=@ sfof{no ;+rfng vr{ (18,092.16) @=# Aofh vr{ (1,302.76) @=$ cfos/ e'Qmfg (9,333.86) sfo{ut k"FhL -Working Capital_ ultljlw cl3sf] gub k|jfx 47,342.99 ;+rfng;DaGwL rfn' ;DklQdf a[l4÷-sdL_ (26,038.60) ! nufgLdf -a[l4_÷sdL (2,335.37) @ cGo ;DklQdf sdL÷-a[l4_ (23,703.23) ;+rfng ;DaGwL rfn' bfloTjdf a[l4÷-sdL_ (2,700,284.47) ! ;fk6df a[l4÷-sdL_ 54.67 @ cGo bfloTjdf a[l4÷-sdL_ (2,700,339.15) -v_ nufgL sf/f]af/df gub k|jfx (7,596.33) ! e'QmfgL ldlt;Dd wf/0f ug]{ nufgLdf -a[l4_÷sdL

@ :yL/ ;DklQdf -a[l4_÷sdL (7,596.33) # bL3{sfnLg nufgLaf6 Jofh cfDbfgL

-u_ ljQLo >f]t sf/f]jf/af6 gub k|jfx 43,800.00 ! z]o/ k"FhLdf a[l4÷-sdL_ 45,000.00 @ z]o/ lk|ldodf a[l4÷-sdL_ 19,800.00 # nfef+z (21,000.00) 3_ gub tyf a}+s df}Hbftsf] lalgdo b/df ePsf] km/saf6 cfDbfgL÷vr{

-ª_ o; aif{sf] ;Dk"0f{ ultljlwaf6 gub k|jfx (2,642,776.40) -r_ gub tyf a}+sdf /x]sf] z'? df}Hbft 2,920,801.81 -5_ gub tyf a}+sdf /x]sf] clGtd df}Hbft 278,025.41


2073/74# 2074/75#;+rfng ultljlwx? -s_ ;+rfng ultljlwaf6 gub k|jfb ! cfDbfgLaf6 gub k|jfb 182,868 130,020

dr]{G6 a}+l+sË Jofj;foaf6 cfDbfgL 37,189 23,188Do'rcn km08 Joj:yfkgaf6 cfDbfgL 60,482 53,254Aofh cfDbfgL 70,914 41,725cGo cfDbfgL 14,282 11,853

@= gub e'QmfgL 95,423 77,676sd{rf/L vr{ 19,716 29,295cGo ;+rfng vr{ 29,688 33,728Aofh vr{ 1,129 2 s/ e'QmfgL 44,891 14,651sfo{ut k"FhL ultljwL cl3sf] gub k|jfx 87,445 52,345;+rfng ;DalGw rfn' ;DklQdf sld÷-a[4L_ (34,552) (17,720)

19

nufgLdf sld÷-a[4L_ (37,223) (28,106)cGo ljQLo nufgLdf sld÷-a[4L_ - - cGo ;DklQdf sld÷-a[4L_ 2,672 10,385

;+rfng ;DalGw rfn' bfloTjdf -sdL_÷a[l4 127,588 165,618nufgLstf{x?nfO{ lkmtf{ ug'{kg]{ /sddf -sdL_÷a[l4 129,303 174,564cGo ljQLo bfloTjdf -sdL_÷a[l4 (2,799) (9,359)cGo bfloTjdf -sdL_÷a[l4 1,085 413-v_ nufgL sf/f]jf/af6 gub k|jfx (90,062) 2,821ljQLo nufgLdf -Jofkfl/s nufgL_ sld÷-a[4L_ (80,000) 8,000l:y/ ;DklQdf sld÷-a[4L_ (10,062) (5,179)-u_ ljQLo sf/f]jf/af6 gub k|jfx (30,000) (30,000)z]o/ k"FhLdf -sdL_÷a[l4 - - z]o/ lk|ldod - - nfef+z e'QmfgL (30,000) (30,000)3_ gub jf gub ;/xdf -sdL_÷a[l4 60,419 173,064ª_ jif{sf] ;'?df gub jf gub ;/x 278,025 338,444 r_ jif{sf] clGtddf gub jf gub ;/x 338,444 511,508

* kf}if d;fGtsf] Joj:yfkgaf6 k|dfl0ft ckl/is[t ljQLo ljj/0f # As per NFRS =* of]hgf Joj:y.kssf] n]vf gLlt;DaGwL Joj:yf M

of]hgf Joj:y.ksn] cf=j= @)&$÷&% df g]kfn rf6{8{ PsfpG6]G6\; ;+:yf -ICAN_ af6 lgwf{l/t Nepal Financial Reporting Standard (NFRS) cg'?ksf] n]]vf gLlt kfngf u/]sf] 5 .

=( of]hgf Joj:y.kssf] n]vfk/LIfsf] gfd tyf 7]ufgf M >L P; cf/ kf08] P08 s+= rf6{8{ Psfp06]06\;, glan uNnL, dxf/fhu~h, sf7df8f}FnfO{ cf=j= @)&$÷&% Ps cfly{s aif{sf] n]vfk/LIf0f ug{sf nflu lgo'Qm ul/Psf] xf] . ;fy} gjf}+ jflif{s ;fwf/0f ;efn] P; cf/ kf08] P08 s+= rf6{8{ Psfp06]06\;, glan uNnL, dxf/fhu~h, sf7df8f}FnfO{ cf=j= @)&%÷& nflu k"g lgo'Qm ul/Psf] xf] .

=!) of]hgf Joj:y.kssf] sf/f]af/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 cg'kft ;f] gePsf] .

=!! of] of]hgfeGbf cufl8sf] of]hgfsf] v'b ;DklQ d"No (NAV) ;DaGwL ljj/0f M

glan Do"r'cn km08cGtu{tsf] klxnf] of]hgf, glan Jofn]G;8\ km08 ! ldlt @)&$÷!@÷@( kk/kSj ePsf] xf] . pQm of]hgfsf] cjlw % aif{sf] /x]sf] tyf o;sf] ;+rfngdf cfP b]lvsf] ljlQo pknlAwx? lgDgfg';f/ /x]sf] 5 . jflif{s v'b ;DklQ d"No (NAV) ljj/0f Mcfly{s jif{ @)^(÷&) @)&)÷&! @)&!÷&@ @)&@/&# @)&#/&$ @)&$/&%k|If]lkt v'b ;DklQ d"No, ?= (NAV) !)=$* !!=@& !@=!( !#=$# ! =!% – Jff:tljs v'b ;DklQ d"No, ?= (NAV) !#=#! !*=%& !%=*& @*=(! @#=(% &=@% Jfflif{s k|ltkmn ljj/0f M cfly{s jif{ @) (÷&) @)&)÷&! @)&!÷&@ @)&@/&# @)&#/&$ @)&$/&% k|If]lkt nfef+z (k|ltztdf) ) &=)) (=)) !)=)) !!=)) –

Jff:tljs nfef+z (k|ltztdf) ) !$=)) !$=)) #)=)) $@=)) !& =$ #(& (Redemption amount)

dfl;s v'b ;DklQ d"No (NAV) tyf ahf/ d"No;DaGwL ljj/0f b]xfo adf]lhd /x]sf] 5 M

cfly{s aif{ dlxgf v'b ;DklQ d"No, ?= (NAV) ahf/ d"No, ?=

@)^(÷&) a}zfv (=($ !!=)) h]i7 (=(& !)=))

20

cfiff9 !)=@@ !)=))

@)&)÷&!

>fj0f !)=&) !)=)) efb| !)=&$ !)=))

cflZjg !!=## (=%) sflt{s !!=^$ (=( d+l;/ !#=#! !!=@ kf}if !$=#! !@=)) df3 !$=%& !@=))

kmfNu'0f !$=$) !!=*) r}q !%=!) !!=&)

a}zfv !%=@* !@=)) h]i7 !^=&$ !$=)^ cfiff9 !*=%& !%=()

@)&!÷&@

>fj0f !*=&! !^=%) efb| !%=#! !$=))

cflZjg !%=!^ !$=@) sflt{s !$=^@ !#=$) d+l;/ !%=)* !#=&! kf}if !%=^* !#=$! df3 !^=@^ !#=^^

kmfNu'0f !^=)* !$=)) r}q !%=^% !#=@^

a}zfv !%=%@ !#=#% h]i7 !%=@% !#=#! cfiff9 !%=*& !#=%

@)&@÷&#

>fj0f !*=@^ !$=(( efb| !&=%$ !#=%

cflZjg !^=*@ !#=@) sflt{s !^=@! !#=)) d+l;/ !^=%$ !#=%@ kf}if !*=^% !$=%% df3 !(=&% !^=))

kmfNu'0f @)=&) !^=)) r}q @!=#^ !^=!@

a}zfv @@=*# !^=&@ h]i7 @%=*& !*=$(

cfiff9 @*=(@ @!=(%

@)&#÷&$

>fj0f @*=@@ @#=%

efb| @(=#* @^=!

cflZjg @^=## @#=@

sflt{s @%=## @!=*

d+l;/ @@=$* @)=@

kf}if @@=%* !(=@

df3 @)=%# !%=#%

kmfNu'0f @!=## !^=*

r}q @$=*& @!=*(

a}zfv @$=%# @)=@@

21

h]i7 @$=)& !(=^

cfiff9 @#=(% !(=&

@)&$÷&%

>fj0f @$=$$ @@=*%

efb| !(=@^ !&=%%

cflZjg !(=@$ !&=(@

sflt{s !*=&) !&=#

d+l;/ !*=*^ !&=((

kf}if !*=#^ !^=(

df3 !*=)# !^=^

kmfNu'0f !&=*) !^

r}q !&=@% !^=^%

glan Do"r'cn km08 cGtu{tsf] bf];|f] of]hgf, gljn OSjL6L km08 sl/a @ jif{ cl3b]lv ;~rfngdf /x]sf] 5 . pQm of]hgfsf] cjlw & aif{sf] /x]sf] tyf o;sf] ;+rfngdf cfP b]lvsf] ljlQo pknlAwx? lgDgfg';f/ /x]sf] 5 . jflif{s v'b ;DklQ d"No (NAV) ljj/0f M cfly{s jif{ aif{ ! -cf=j= @)&#÷&$_ aif{ @ -cf=j= @)&$÷&%_ k|If]lkt v'b ;DklQ d"No, ?= (NAV) !). @& !) .& Jff:tljs v'b ;DklQ d"No, ?= (NAV) !) .!( *. * *n]vfkl/If0f x'g afFsL Jfflif{s k|ltkmn ljj/0f M cfly{s jif{ aif{ ! -cf=j= @)&#÷&$_ aif{ @ -cf=j= @)&$÷&%_ k|If]lkt nfef+z (k|ltztdf) – *

Jff:tljs nfef+z (k|ltztdf) – – dfl;s v'b ;DklQ d"No (NAV) tyf ahf/ d"No;DaGwL ljj/0f b]xfo adf]lhd /x]sf] 5 M

cfly{s aif{ dlxgf v'b ;DklQ d"No, ?=

(NAV) ahf/ d"No, ?=

sflt{s (=*( –

d+l;/ (=*! – kf}if (=*# – df3 (=^# !)=!%

kmfNu'0f (=&$ !)=!!

@)&#/&$ r}q !)=!( !)=#)

a}zfv !)=!! !)=)%

h]i7 (=(& (=((

cfiff9 (=(& !)=))

@)&$/&%

>fj0f (=(( !)=))

efb| (=&^ !)=@#

cflZjg (=&& !)=@^

sflt{s (=%$ !)=#%

d+l;/ (=^! !)=)@

kf}if (=#* !)=)%

df3 (=)* (=(

22

kmfNu'0f *=^^ (=*&

r}q *=^( (=@%

a}zfv (=!# (=))

h]i7 *=&( *=%!

cfiff9 *=^^ (=*^

@)&%/&^

>fj0f *=%& *=^@

efb| *=&! (=)) cflZjg *=%( (=!@

sflt{s *=$# *=))

d+l;/ *=)# *=)*

kf}if *=&& *=#)

Dff3 *=^! *=))

gljn OSjL6L km08sf] k|If]lkt ljj/0fsf] t'ngfTds ljj/0f M

jf;nft jif{ ! (@)&#/&$)

ljj/0f k|If]lkt jf:tljs km/s km/s k|ltzt sf/0f

;DklQ

nufgL 518,884 482,220 (36,664) -7% of]hgf ;+rfngsf] cjlw * dlxgf dfq ePsf]n] kof{Kt nufgL x'g g;s]sf]

rfn' ;DklQ 542,289 777,351 235,063 43% of]hgf ;+rfngsf] cjlw * dlxgf dfq ePsf]n] kof{Kt nufgL x'g g;s]sf]

s'n ;DklQ 1,061,173 1,259,571 198,398 19%

bfloTj

OsfO{ k"FhL 1,000,000 1,250,000 250,000 25% of]hgfsf] cfsf/ @% k|ltztn] a9L eO{ ! ca{af6 !=@% ca{ ePsf]n]

hu]8f tyf sf]if 49,074 (3,989) (53,063) -108% of]hgf ;"? x'Fbf / cf=j=sf] cGtodf g]K;] kl/;"rs &=# k|ltztn] lu/fj6 cfPsf]n] ;DklQdf ePsf] nufgLsf] ahf/ d'No a[l4 gePsf]

rfn' bfloTj 12,099 13,560 1,461 12% aif{sf] clGtddf vl/b u/]sf] nufgLsf] /sd lwtf]kq bnfnnfO{ e'QmfgL ug{ afFsL /x]sf]

s'n bfloTj 1,061,173 1,259,571 (198,398) -19%

jif{ @ (@)&$/&%)

ljj/0f k|If]lkt jf:tljs km/s km/s k|ltzt sf/0f ;DklQ

nufgL 974,924 769,039 (205,885) -21% cf=j=sf] cGtodf g]K;] kl/;"rs @#=$) k|ltztn] lu/fj6 cfPsf]n] ;DklQsf] d"Nodf !#=!$ k|ltztn] lu/fj6 cfPsf] tyf kof{Kt nufgL cj;/ gePsfn] nufgL gul/Psf]

rfn' ;DklQ 217,939 327,758 109,818 50% ahf/df kof{Kt nufgL cj;/ gePsfn] nufgL gul/Psf]

s'n ;DklQ 1,192,863 1,096,797 (96,066) -8%

bfloTj

OsfO{ k"FhL 1,000,000 1,246,011 246,011 25% of]hgfsf] cfsf/ @% k|ltztn] a9L eO{ ! ca{af6 !=@% ca{ ePsf]n]

hu]8f tyf sf]if 99,365 (163,529) (262,894) -265% cf=j=sf] cGtodf g]K;] kl/;"rs @#=$) k|ltztn] lu/fj6 cfPsf]n] ;DklQsf] d"Nodf !#=!$ k|ltztn] lu/fj6 cfPsf]

rfn' bfloTj 93,498 14,315 (79,183) -85% aif{sf] cGTodf gofF nufgL gul/Psf] ;f] ;DalGw bfloTj g/x]sf]

s'n bfloTj 1,192,863 1,096,797 96,066 8%

23

gfkmf gf]S;fg lx;fj

jif{ ! (@)&#/&$)

cfDbfgL k|Iolkt jf:tljs km/s km/s k|ltzt

sf/0f

Aofh cfDbfgL 3,961 44,346 40,385 1020% z]o/ ahf/df kof{Kt nufgLsf] cj;/ gePsf]n] tyf a}+s Aofhb/ pRr /x]sf]n] tyf sn tyf d'2tL lgIf]kaf6 k|fKt cfDbfgL nfO{ Ps d'i7 b]vfOPsf]n]

gub nfef+z 5,941 1,137 (4,804) -81% sDkgLx?sf] z]o/ bflvn vf/]sf] aGb eP kZrft dfq z]o/df nfufgL ul/Psf]

af]gz z]o/sf] las|Laf6 cflh{t

19,805 - (19,805) -100% af]g; z]o/ laqmLaf6 ePsf] cfDbfgLnfO{ 5'6[} gb]vfO{ Ps d'i7 cfh{g u/]sf] cfDbfgLdf b]vfOPsf]

cGo ;+rfng cfDbfgL - - -

lwtf]kq vl/b laqmL ubf{ x'g] gfkmf÷gf]S;fg

15,844 (15,397) (31,241) -197% of]hgf ;"? x'Fbf / cf=j=sf] cGtodf g]K;] kl/;"rs &=# k|ltztn] lu/fj6 cfPsf]n] ;DklQdf ePsf] nufgLsf] ahf/ d'Nodf lu/fj6 cfPsf] .

Aofh cfDbfgL -sn lgIf]kaf6 k|fKt Jofh afx]ssf]_

15,267 - (15,267) -100% sn tyf d'2tL lgIf]kaf6 k|fKt cfDbfgL nfO{ Ps d'i7 b]vfOPsf]n]

hDdf cfDbfgL 60,818 30,086 (30,732) -51% of]hgf ;"? x'Fbf / cf=j=sf] cGtodf g]K;] kl/;"rs &=# k|ltztn] lu/fj6 cfPsf]n] ;DklQdf ePsf] nufgLsf] ahf/ d'Nodf lu/fj6 cfPsf] .

vr{

sf]if Joj:yfkg z'Ns 15,736 12,916 2,820 18% of]hgf ;+rfngsf] cjlw * dlxgf dfq ePsf]n] kof{Kt nufgL x'g g;s]sf] tyf of]hgfsf] cfsf/ @% k|ltztn] a9L eO{ ! ca{af6 !=@% ca{ ePs

l8kf]hL6/L z'Ns 5,245 4,305 940 18% ;'kl/j]Ifs z'Ns -k|ltjif{_ 1,311 1,076 235 18% lwtf]kq bnfnL z'Ns 3,169 - 3,169 100% ;f] /sdnfO{ nufgL d} ;dfj]z ul/Psf]

n]vfkl/Ifs z'Ns 85 75 10 12% of]hgf ;+rfngsf] cjlw * dlxgf dfq ePsf]n] n]vfkl/If0f z'Ns 36fOPsf]n]

;'rLs/0f z'Ns 1,300 1,457 (157) -12% of]hgfsf] cfsf/ @% k|ltztn] a9L eO{ ! ca{af6 !=@% ca{ ePsf]n]

of]hgf btf{ z'Ns 1,000 1,000 - 0% /]l6Ë z'Ns (of]hgf Joj:yfks) 565 565 - 0%

/]l6Ë z'Ns (sf]if k|aw{s) 1,338 1,356 (18) -1% sf]if k|aw{ssf] ;DklQdf kl/jt{g ePsf]n]

/]l6Ë z'Ns –aflif{s cg'udg -of]hgf Joj:yfks_

- - -

/]l6Ë z'Ns–aflif{s cg'udg (sf]if k|aw{s) - - -

;"rgf tyf lj1fkg 250 832 (582) -233% of]hgfsf] cfsf/ @% k|ltztn] a9L eO{ ! ca{af6 !=@% ca{ ePsf]n]

sfg'gL z'Ns 50 - 50 100% vr{ gePsf]

lgisfzg z'Ns 5,460 10,492 (5,032) -92% of]hgfsf] cfsf/ @% k|ltztn] a9L eO{ ! ca{af6 !=@% ca{ ePsf]n] lgisfzg z'Nsdf @% k|ltztn] a[l4 ePsf] tyf cfj]bg ^ u'0ff abL cfPsf]n] ;+sng tyf /sd lkmtf{ sldzg a[l4 ePsf]n]

hDdf vr{ 35,510 34,073 1,436 4%;+rfng d'gfkmf 25,309 (3,986) (29,294) -116%

of]hgf ;"? x'Fbf / cf=j=sf] cGtodf g]K;] kl/;"rs &=# k|ltztn] lu/fj6 cfPsf]n] ;DklQdf ePsf] nufgLsf] ahf/ d"Nodf lu/fj6 cfPsf]n]

cfos/ Joj:yf - - -cfos/ kl5sf] d'gfkmf 25,309 (3,986) (29,294) -116%gub nfef+z - - -s/ tyf nfef+z kl5sf] gfkmf 25,309 (3,986) (29,294) -116%jf;nftdf ;fl/Psf] gfkmf 25,309 (3,986) (29,294) -116%nfef+z ljt/0f - - -

jif{ @ (@)&$/&%)

cfDbfgL k|If]lkt jf:tljs km/s km/s k|ltzt

sf/0f

24

Aofh cfDbfgL 5,078 31,647 26,569 523% z]o/ ahf/df kof{Kt nufgLsf] cj;/ gePsf]n] tyf a}+s Aofhb/ pRr /x]sf]n] tyf sn tyf d'2tL lgIf]kaf6 k|fKt cfDbfgL nfO{ Ps d'i7 b]vfOPsf]n]

gub nfef+z 12,187 7,363 (4,823) -40% sDkgLx?sf] z]o/ bflvn vf/]sf] aGb eP kZrft dfq z]o/df nfufgL ul/Psf]

af]gz z]o/sf] las|Laf6 cflh{t 48,746 - (48,746) -100% af]g; z]o/ laqmLaf6 ePsf] cfDbfgLnfO{ 5'6[} gb]vfO{ Ps d'i7 cfh{g u/]sf] cfDbfgLdf b]vfOPsf]

cGo ;+rfng cfDbfgL - 341 341


48,746 (177,783) (226,529) -465% cf=j=sf] cGtodf g]K;] kl/;"rs @#=$) k|ltztn] lu/fj6 cfPsf]n] ;DklQsf] d"Nodf !#=!$ k|ltztn] lu/fj6 cfPsf]n]


9,526 - (9,526) -100% sn tyf d'2tL lgIf]kaf6 k|fKt cfDbfgL nfO{ Ps d'i7 b]vfOPsf]n]

hDdf cfDbfgL 124,283 (138,431) (262,714) -211%

vr{ sf]if Joj:yfkg z'Ns 16,490 16,951 (460) -3%

of]hgfsf] cfsf/ @% k|ltztn] a9L eO{ ! ca{af6 !=@% ca{ ePsf] tyf ;DklQdf lu/fj6 ePsf]n] .

l8kf]hL6/L z'Ns 5,497 5,650 (153) -3%;'kl/j]Ifs z'Ns -k|ltjif{_ 1,374 1,413 (38) -3%lwtf]kq bnfnL z'Ns 6,499 - 6,499 100% ;f] /sdnfO{ nufgL d} ;dfj]z ul/Psf]

n]vfkl/Ifs z'Ns 113 125 (12) -11% of]hgfsf] cfsf/ @% k|ltztn] a9L eO{ ! ca{af6 !=@% ca{ ePsf] n]vf k/LIf0f z'Ns a9fOPsf]

;'rLs/0f z'Ns 200 220 (20) -10% of]hgfsf] cfsf/ @% k|ltztn] a9L eO{ ! ca{af6 !=@% ca{ ePsf]

of]hgf btf{ z'Ns - - - /]l6Ë z'Ns (of]hgf Joj:yfks) - - - /]l6Ë z'Ns ( sf]if k|aw{s) - - -

/]l6Ë z'Ns –aflif{s cg'udg -of]hgf Joj:yfks_

103 256 (153) -149% of]hgf Joj:yfksn] Joj:yfkg u/]sf] of]hgf tyf nufgL Joj:yfkgsf] cfsf/fdf pNn]vlgo a[l4 ePsf]n] ;f] sf] cf3f/df /]l6Ë z"Ns sfod x'gfg]

/]l6Ë z'Ns–aflif{s cg'udg (sf]if k|aw{s) 565 353 212 38% sf]if k|aw{s4f/f b'O j6f of]hgf ;+rfng ePsf]n] ;f]

vr{ b'j} of]hgfdf afFl8Psf]

;"rgf tyf lj1fkg 263 131 132 50% lj1fkg b/ अनमािनत भ दा कम लागको sfg'gL z'Ns 55 - 55 100% vr{ gePsf]

lgisfzg z'Ns - - - hDdf vr{ 31,159 25,097 6,060 19%

;+rfng d'gfkmf 93,124 (163,526) (256,650) -276%cfos/ Joj:yf - - -

cf=j=sf] cGtodf g]K;] kl/;"rs @#=$) k|ltztn] lu/fj6 cfPsf]n] ;DklQsf] d"Nodf !#=!$ k|ltztn] lu/fj6 cfPsf]n]

cfos/ kl5sf] d'gfkmf 93,124 (163,526) (256,650) -276% gub nfef+z 80,000 - - 0% s/ tyf nfef+z kl5sf] gfkmf 13,124 - (256,650) -1956% jf;nftdf ;fl/Psf] gfkmf 38,432 (163,526) (256,650) -668%nfef+z ljt/0f 0 - 0%

v'b ;DklQsf] u0fgf

jif{ ! (@)&#/&$)

ljj/0f k|If]lkt jf:tljs km/s km/s k|ltzt

sf/0f

nufgL 518,884 482,220 (36,664) -7% of]hgf ;+rfngsf] cjlw * dlxgf dfq ePsf]n] kof{Kt nufgL x'g g;s]sf]

rfn' ;DklQ 542,289 777,351 235,063 43% of]hgf ;+rfngsf] cjlw * dlxgf dfq ePsf]n] kof{Kt nufgL x'g g;s]sf]

hDdf ;DklQ 1,061,173 1,259,571 198,398 19% of]hgf ;+rfngsf] cjlw * dlxgf dfq ePsf]n] kof{Kt nufgL x'g g;s]sf]

rfn' bfloTj 12,099 13,560 (1,461) -12% aif{sf] clGtddf vl/b u/]sf] nufgL sf] /sd lwtf]kq bnfnnfO{ e'QmfgL ug{ afFsL /x]sf]

v'b ;DklQ -sf]if Joj:yfkg z'Ns, l8kf]lh6/L z'Ns tyf ;'kl/j]If0f z'Ns eGbf cuf8Lsf]_

1,049,074 1,246,010 199,859 19%

25

sf]if Joj:yfkg z'Ns 15,736 12,916 2,820 18% of]hgf ;+rfngsf] cjlw * dlxgf dfq ePsf]n] vr{ sd ePsf] . l8kf]hL6/L z'Ns 5,245 4,305 940 18%

;'kl/j]Ifs z'Ns -k|ltjif{_ 1,311 1,076 235 18% v'b ;DklQ d'No 1,026,781 1,227,713 195,864 19%

O{sfO ;+Vof 100,000 125,000 25,000 25% of]hgfsf] cfsf/ @% k|ltztn] a9L eO{ ! ca{af6 !=@% ca{ ePsf]n]

k|lt O{sfO v'b ;DklQ d'No 10 10 (0) -3% of]hgf ;"? x'Fbf / cf=j=sf] cGtodf g]K;] kl/;"rs &=# k|ltztn] lu/fj6 cfPsf]n] ;DklQdf ePsf] nufgLsf] ahf/ d"Nodf lu/fj6 cfPsf]n]

jif{ @ (@)&$/&%)

ljj/0f k|If]lkt jf:tljs km/s km/s k|ltzt

sf/0f

nufgL 974,924 769,039 (205,885) -21% cf=j=sf] cGtodf g]K;] kl/;"rs @#=$) k|ltztn] lu/fj6 cfPsf]n] ;DklQsf] d"Nodf !#=!$ k|ltztn] lu/fj6 cfPsf]n] ;fy} ahf/df kof{Kt nufgL cj;/ gePsfn] nufgL gul/Psf]

rfn' ;DklQ 217,939 327,758 109,818 50% ahf/df kof{Kt nufgL cj;/ gePsfn] nufgL gul/Psf]

hDdf ;DklQ 1,192,863 1,096,797 (96,066) -8%

rfn' bfloTj 93,498 14,315 79,183 85% aif{sf] cGTodf gofF nufgL gul/Psf] ;f] ;DalGw bfloTj g/x]sf]

v'b ;DklQ -sf]if Joj:yfkg z'Ns, l8kf]lh6/L z'Ns tyf ;'kl/j]If0f z'Ns eGbf cuf8Lsf]_

1,099,365 1,082,481 (175,249) -16%

sf]if Joj:yfkg z'Ns 16,490 16,951 (460) -3% of]hgfsf] cfsf/ @% k|ltztn] a9L eO{ ! ca{af6 !=@% ca{ ePsf] tyf ;DklQdf lu/fj6 cfPsf]

l8kf]hL6/L z'Ns 5,497 5,650 (153) -3% ;'kl/j]Ifs z'Ns -k|ltjif{_ 1,374 1,413 (38) -3% v'b ;DklQ d'No 1,076,003 1,058,468 (174,597) -16%

O{sfO ;+Vof 100,000 125,000 25,000 25% of]hgfsf] cfsf/ @% k|ltztn] a9L eO{ ! ca{af6 !=@% ca{ ePsf]n]

k|lt O{sfO v'b ;DklQ d'No 10.8 9 (1.8) -16% cf=j=sf] cGtodf g]K;] kl/;"rs @#=$) k|ltztn] lu/fj6 cfPsf]n] ;DklQsf] d"Nodf !#=!$ k|ltztn] lu/fj6 cfPsf]n]

pk/f]Qm adf]lhd ljQLo k|If]k0f tyf jf:tljsdf b]lvPsf km/sx? / ;f] sf sf/0fx? ;DaGwdf sf]if ;'kl/j]Ifsx?sf] a}7sdf clen]v ul/of] . ;fy} cfufdL lbgx?df ;d]t of]hgfsf] ljQLo k|If]k0f tyf jf:tljs l:ytsf] ljj/0f ;DaGwdf ;d]t 5nkmn ug]{ lg0f{o ul/of] . ljutdf af]8{sf] cg'dlt lnO{ ;+rfng eO/x]sf] of]hgfnfO{ sf]if ;'kl/j]Ifsx?af6 k|fKt lgb]{zg M g]kfn lwtf]kq jf]8{af6 l:js[lt k|fKt eP cg'?kg} of]hgf Joj:yfksaf6 glan OSjL6L km08sf] ;~rfng eO{ /x]sf] / :jLs[t of]hgf / sfof{Gjog kIfdf cGt/ gePsf] tyf of]hgf Joj:yfksn] pknAw u/fPsf] ljj/0fsf] cWoogaf6 l8kf]lh6/Lsf] ;d]t lhDd]jf/L kfPsf] of]hgf Joj:yfkssf] sfd sf/jfxL ;Gtf]ifhgs /x]sf] kfOPsf]n] sf]if ;'kl/j]Ifsn] of]hgf Joj:yfksnfO{ clgoldt sfd sf/jfxL /f]Sg jf ;Gtf]ifhgs ?kdf ;Dkfbg ug{ lgb]{zg hf/L ug'{ kg]{ cj:yf b]vf gk/]sf] x'Fbf sf]if ;'kl/j]Ifsx?af6 xfn;Dd s'g} lgb]{zg k|fKt gePsf] .

=!@ of]hgf Joj:yfkssf] /]l6Ë u/]sf] eP /]l6Ë ug]{ sDkgL tyf /]l6Ë ;ª\s]t M >L Os|f g]kfn lnld6]8, sf7df8f}+af6 of]hgf Joj:yfkssf] km08 Dofg]hd]G6 Sjflnl6 /]l6Ë (FMQR) cGt{ut “[ICRANP] AMC Quality

3+ (AMC3+) (Reaffirmed)” k|fKt ePsf] .

&= 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

qm=;+= gfd 7]ufgf pd]/ of]Uotf gljn Jofn]G;8\ km08 @

! l;=P= dbg s[i0f zdf{ afn'jf6/, sf7df8f}F # %& rf6{8{ Psfp06]06, la= sd=,

@ k|fWofks 8f= kmQ axfb'/ s]=;L=

%$!, l8NnLahf/, sf7df8f}F @(

@ lkPr=l8 (B.H.U. Varanasi, India)

Pd=la=P -lqe'jg ljZjljBfno, g]kfn_

26

:gfts, sfg"g -lqe'jg ljZjljBfno, g]kfn_

# k|fWofks 8f b]jL k|;fb zdf{ la8f/L

Efmfkf, 3}nf8'Aaf @

lkPr=l8, cy{zf:q (University of Colorado at Boulder, USA)

Pd=P= cy{zf:q (University of Colorado at Boulder, USA)

Pd=P= cy{zf:q -lqe'jg ljZjljBfno, g]kfn_

$ >L b]a axfb'/ af]xf]/f b]lxdf08f}, a}t8L # Pd=sd= -nvgpm ljZjljBfno ,ef/t_

% >L gjLg s'df/ jdf{ !$!, ;/:jtL yfg dfu{,

u}x|Lwf/f , sf7df8f}+ %@ PnPn=Pd= -g]:gn n :s'n ckm OlG8of, ef/t_

glan OSjL6L km08

k|fWofks kjg s'df/ cf]emf !()÷%$, :n]ifdfGts dfu{, l;gfd+un, sf7df8f}F (

% PnPnPd -k"0f] ljZjljBfno, ef/t_

& k|fWofks 8f= ljho s'df/ s]=;L=

%÷( laqmd ejg, dfgejg, nlntk'/

^$

lkPr=l8 -Pkm=Pd=P;=, lbNnL ljZjljBfno, ef/t_ Pd=la=P= -6]Dkn ljZjljBfno, lkmnf8]nlkmof,

;+o'Qm /fHo cd]l/sf_ Pd=sd= -lqe'jg ljZjljBfno, g]kfn_

* k|fWofks 8f= z"/jL/ kf}8\ofn #!@÷!# uLtf+hnL dfu{,

sf7df8f}F $ ^)

lkPr=l8 — cy{ zf:q -agf/z lxGb' ljZjljBfno, ef/t_ Pd=P— cy{ zf:q -8nxfphL ljZjljBfno,

Sofg]8f_ :gfts, sfg"g -lqe'jg ljZjljBfno, g]kfn_

( >L ljgf]b afa' sf n] ;To ;fO{ uNnL, sf]6]Zj/,

sf7df8f}F #% %(

:gftsf]Q/, cy{zf:q -lqe'jg ljZjljBfno, g]kfn_ :gfts, sfg"g -lqe'jg ljZjljBfno, g]kfn_

&=@ sf]if ;'kl/j]Ifssf] Joj;flos cg'ej, d'Vo k]zf Joj;fo tyf xfn sfod /x]sf] lhDd]jf/L

qm=;+= gfd Joj;flos cg'ej d'Vo k]zf÷Joj;fo

xfn sfod /x]sf] lhDd]jf/L

glan Jofn]G;8\ km08 @

! l;=P= dbg s[i0f zdf{

#) jif{eGbf a9Lsf] Jofj;flos cg'ej .

rf6{8{ PsfpG6]G;

kf6{g/, l;Pl; P08 l;j, rf6{{{8{

PsfpG6]G6;\

@ k|fWofks 8f kmQ axfb'/ s]=;L=

k'j{ cWoIf ladf ;ldlt, lzIf0f tyf cg';Gwfgdf # jif{eGbf a9Lsf] cg'ej . lzIf0f

k|f]km];/, lqe'jg ljZjljBfno, g]kfn

# k|fWofks 8f b]jL k|;fb zdf{ la8f/L

lzIf0f tyf cg';Gwfgdf #& jif{eGbf a9Lsf] cg'ej . lzIf0f

k|f]km];/, :s'n ckm Dofg]hd]G6, sf7df08f}+ ljZjljBfno,

$ >L b]a axfb'/ af]xf]/f k"j{k|zf;s -pk dxfn]vf kl/Ifs _, dxfn]vf kl/Ifssf] sfof{no, dxfn]vf kl/Ifssf] sfof{no #) sf] sfo{g'ej

n]vfkl/If0f cfly{s k/fdz{bftf

% >L gjLg s'df/ jdf{ lzIf0f tyf sfg'g Joj;fodf @( jif{eGbf a9Lsf] cg'ej / xfn ;jf]{r cbfntdf clwjQmfsf] ?kdf sfo{/t .

sfg'g Joj;fo sfg'g ;]jf;Fu ;DalGwt

glan OSjL6L km08

27

k|fWofks kjg s'df/ cf]emf

k"j{dxf–GofoflwjQmf, sfg'g Joj;fodf $! jif{eGbf a9Lsf] cg'ej / xfn jl/i7 clwjQmfsf] ?kdf sfo{/t

sfg'g Joj;fo sfg'g ;]jf;Fu ;DalGwt

& k|fWofks 8f= ljho s'df/ s]=;L=

lzIffljb, lzIf0f tyf cg';Gwfgdf $# jif{eGbf a9Lsf] cg'ej lzIf0f

k|f]km];/ Pj+ l8g, sf7df08" ljZjljBfno -:s'n ckm

Dofg]hd]G6_

* k|fWofks 8f= z"/jL/ kf}8\ofn

k"j{cWoIf– g]kfn lwtf]kq af]8{, lzIffljb, lzIf0f tyf cg';Gwfgdf #& jif{eGbf a9Lsf] cg'ej

cy{zf:qL k/fdz{bftf

( >L ljgf]b afa' sf n] k"j{;~rfns, g]kfn lwtf]kq af]8{, lghfdtL ;]jfdf #) jif{eGbf a9Lsf] cg'ej

cy{zf:qL k/fdz{bftf

&=# of]hgf ;DaGwdf sf]if ;'kl/j]Ifssf] e"ldsf

k|rlnt sfg'gsf] cwLgdf /xL of]hgf ;~rfng ug{ of]hgfsf] ljj/0f k'l:tsfsf] cWoog u/L :jLs[tLsf nflu k7fpg cg'df]bg ug]{, of]hgf Joj:yfksn] k|rlnt sfg'g tyf ;D f}tfadf]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 cGt{utsf ;DklQ tyf sfuhftx? ;'/lIft;fy /flvP g/flvPsf] ;'kl/j]If0f ug]{, af]8{af6 :jLs[t of]hgfadf]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] pNnª\3g u/]df jf cfkm\gf] lgb]{zg af/Daf/ pNnª\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]IfsaLrsf] ;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;lgsnufot cGo sfo{{sf nflu sf]if k|a4{ssf] ;lrjfno 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]Ifssf] dfl;s slDtdf Pp6f a}7s tf]lsPsf] sfo{ljlwcg';f/ a:g'kg]{ . ;f] a}7sdf oyf;Dej

k|To]s ;'kl/j]Ifsx?sf] pkl:ylt x'g'kg]{ . olb sf]if ;'kl/j]Ifs s'g} a}7sdf pkl:yt x'g g;Sg] cj:yf cfPdf ;'kl/j]Ifsaf6 ;f]sf] hfgsf/L ;efcl3g} sf]if ;'kl/j]Ifsx?dWo]af6 r'lgPsf] ;+of]hsnfO{ k"j{hfgsf/L lbg'kg]{ jf ;+of]hssf] k"j{:jLs[lt lng'kg]{ .

%= sf]if ;'kl/j]Ifsn] cfFkm" cfj4 ePsf cGo sDkgL, ;+:yf, ljQLo dWo:t jf cGo s'g} klg ;+:yf;+Fu glan Do"r'cn km08;DaGwL ljifodf lgs6 ;DaGw sfod gug]{ .

= sf]if ;'kl/j]Ifsn] cfkm\gf] :jfy{ /x]sf] ljifosf] 5nkmndf a}7sdf ;xeflutf ghgfpg] . &= sf]if ;'kl/j]Ifsn] sf]if k|a4{snfO{ cfkm\gf] :jfy{ afl g] s'g} klg sDkgL -glan a}+s tyf ;f]sf] ;xfos sDkgL ;lxt_ sf] af/]df k"j{

hfgsf/L u/fpg'kg]{ . *= sf]if ;'kl/j]Ifsn] x/]s of]hgfnfO{ ;'kl/j]If0f u/] jfkt of]hgfsf] v'b ;DklQ d"Nosf] clwstd )= %Ü ;Ddsf] ;]jf z'Ns cw{ jflif{s

?kdf lgodfjnLdf ePsf] Joj:yfadf]lhd k|fKt ug]{ / ;f] k|fKt z'Nssf] %Ü /sd sf]if ;'kl/j]Ifsn] af]8{df cfly{s jif{ ;dfKt ePsf] b'O{ dlxgfleq hDdf ug'{kg]{ . o; of]hgfsf] lgldQ lgo'Qm sf]if ;'kl/j]IfsnfO{ k|lt a}7s ¿= @),)))÷– dfq /x]sf] .

(= ;Demf}tfsf] cjlw kfFr jif{sf] /x]sf] / Ps kIfn] csf]{ kIfnfO{ tf]lsPsf] ;dofjlweGbf klxn] ;Demf}tf vf/]h ug{ #) lbgsf] k"j{ hfgsf/L gu/fPdf ;Demf}tf yk kfFr jif{sf nflu sfod /xg] .

!)= sf]if ;'kl/j]Ifsn] #) lbgsf] 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{ #) lbgsf] k"j{

lnlvt hfgsf/L sf]if ;'kl/j]IfsnfO{ lbO{ ;Demf}tf /2 ug{ ;Sg] . !@= b'a} kIfn] of]hgf;Fu ;Dj4 ;"rgf tyf hfgsf/Lsf] uf]kgLotf k|rlnt lgod sfg'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] .

28

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

-s_

s of]hgfsf] gfd glan Aofn]G;8\ km08 @ (Nabil Balanced Fund II) v of]hgfsf] cfsf/ ?= !,@),)),)),))).– -Ps ca{ aL; s/f]8_

u of]hgfsf] k|sf/ aGbd'vL (Close-end)

-v_

s lgisfzg ug{ nfluPsf] OsfO{ ;ª\Vof !@,)),)),))) -afx| s/f]8_ v k|lt OsfO{ d"No ?= !)÷– -cIf/]kL bz_ u Go"gtd laqmL x'g'kg]{ OsfO{ ;ª\Vof ,)),)),))) -5 s/f]8_ 3 clwstd ;sfl/g] OsfO{ ;ª\Vof !%,)),)),))) -kGw| s/f]8_ ª of]hgfsf] cjlw !) jif{ r of]hgf kl/kSj x'g] ldlt of]hgfsf] OsfO{ afF8kmfF6 ePsf] ldltn] !) jif{ . 5 ;"rLs/0f tyf bf];|f] ahf/ sf/f]jf/ Joj:yf OsfO{x? g]kfn :6s PS;r]Gh ln=df ;"lrs[t u/L sf/f]jf/sf] Joj:yf ul/g] . h of]hgfsf] btf{ tyf x:tfGt/0f ug{ lgo'Qm

l8kf]lh6/Lsf] gfd / 7]ufgf of]hgf Joj:yfks sDkgLn] g} l8kf]lh6/Lsf] sfo{ ug]{ . ;f] sfo{ sDkgLsf] gS;fnl:yt sfof{noaf6 k|bfg ul/g] .

*=@ of]hgfsf] p2]Zo M OsfO{ laqmLaf6 ;ª\slnt /sd of]hgf Joj:yfksn] bIftfk"j{s of]hgfn] tf]s]sf] nufgLsf If]qx?df nufgL u/L cfj]bsx?nfO{ pRr k|ltkmn lbO{ lwtf]kq ahf/sf] lbuf] ljsf;df ;d]t Ps ;+:yfut nufgLstf{sf] x}l;otdf ;3fp k'¥ofpg] p2]Zon] o; of]hgfsf] OsfO{x? lgisfzg ul/Psf] xf] . *=# of]hgfn] nufgL ug]{ If]q M lgodfjnL Pj+ lgb]{lzsfsf] cwLgdf /xL of]hgfsf] /sd b]xfoadf]lhd nufgL x'g]5 M != af]8{df btf{ ePsf] lwtf]kq . @= ;fj{hlgs lgisfzg ePsf] lwtf]kq . #= lwtf]kq ljlgod ahf/df ;"rLs[t 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}+sn] hf/L u/]sf] C0fkq, 6«]h/L jLn tyf d'b|f ahf/sf cGo ;fwgx? . %= a}+s lgIf]k . = d'b|f ahf/ pks/0f . &= k|fOe]6 OSjL6L, e]~r/ Soflk6n, ;fd"lxs nufgL sf]if, a}sNkLs nufgL sf]if . *= af]8{n] tf]lslbPsf] cGo If]q .

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] ePtfklg 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] nufgLdf :jfy{ aflemg] sfo{ (Conflict of Interest) sf] Joj:yfkg glan Do'r'cn km08 cGt{ut ;+rfng x'g] k|To]s of]hgfsf] bIf nufgL Joj:yfkg tyf :jfy{ aflemg] sfo{sf] (Conflict of Interest) Joj:yfkgsf] b[li6sf]0fn] k|To]s of]hgfsf] kf]6{kmf]lnof] sG;6«S;gsf] lhDd]jf/L 5'§f5'§} of]hgf k|aGwsnfO{ tf]lsg]5 . oL of]hgf k|aGwsx?n] cg';Gwfg ljefuaf6 k|fKt cfwf/e"t laZn]if0f k|ltj]bg (Fundamental Analysis Report) / k|fljlws ljZn]if0f k|ltj]bg (Technical Analysis Report) sf] cfwf/df ahf/sf] cj:yf / of]hgfsf] nufgL lgtL x]/L ;f]xL cg'?ksf] cfjlws nufgL of]hgf (Periodic Investment Plan) tof/ ug]{5g\ . o;/L tof/ ul/Psf] of]hgfnfO{ nufgLsf] /sdsf] cfwf/df cfjZostf cg'?k ;DalGwt nufgL Joj:yfkg ;ldlt, Compliance officer, ljefluo k|d'v, k|d'v sfo{sf/L clws[t, ;+rfns ;ldlt;Dd k'¥ofO{ cfjZos kl/dfh{g tyf l:js[lt u/fO{ of]hgf k|aGws dfkm{t l8n/sf] dfWodaf6 sfof{Gjog ul/g]5 . nufgL of]hgfdf ahf/sf] cfjZostf tyf hf]lvdsf] cfwf/df s'g} kl/dfh{g ug'{ k/] ;f] df cfjZos ;+zf]wgsf nflu of]hgf k|aGwsn] cfjZos sbd rfNg]5 . o;/L tof/ ul/Psf] cfjlws nufgL of]hgf Do'r'cn km08 ;km\6j]o/df k|lji6 u/L ;f] cg';f/ ePsf] sf/f]af/nfO{ ;d]t sf/f]af/ ePs} lbg ;km\6j]o/df k|lji6 ul/G5 . o;/L x/ of]hgfsf] leGgf leGg} Joj:yfkg u/L :jfy{sf] åGb (Conflict of Interest) sf] Joj:yfkg ul/g]5 . ;fy} k|To]s of]hgfsf] nflu leGgf leGg} n]vfk/LIfssf] lgo'lQm ug]{, of]hgfsf] ;DklQnfO{ of]hgf cg'?k leGgf

29

leGg} l8Dof6 vftf vf]nL /fVg], a}+ls+u sf/f]af/ leGgf leGg} a}+s vftf dfkm{t ug]{ Joj:yf ldnfOg]5 / of]hgf cg'?ksf] ljj/0f OsfO{wgLx?sf] hfgsf/Lsf nflu leGgf leGg} k|sflzt ug]{ Joj:yf ldnfOg]5 . *=$ of]hgfsf] laQLo k|If]k0f ;DaGwL ljj/0fM s= jf;nft

-?= xhf/df_ ljj/0f jif{ ! jif{ @ jif{ # jif{ $ jif{ % jif{ ^ jif{ & jif{ * jif{ ( jif{ !)

;DklQ nufgL 1,005,600 1,151,168 1,183,301 1,116,964 1,178,437 1,187,996 1,274,373 1,289,667 1,341,177 1,073,999 a}+sdf /x]sf] df}hbft 456,657 371,883 374,951 482,800 478,196 500,747 480,715 565,496 642,168 864,191 Rffn' ;DklQ 13,800 12,670 12,404 12,169 12,686 13,317 14,285 15,758 19,058 29,628 hDdf ;DklQ 1,476,057 1,535,722 1,570,655 1,611,932 1,669,318 1,702,059 1,769,373 1,870,921 2,002,402 1,967,818 bfloTj OsfO{ k"FhL 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 hu]8f tyf sf]if 112,275 159,176 169,562 197,881 230,005 273,636 339,252 450,217 590,065 732,786 Rffn' bfloTj 163,781 176,546 201,093 214,051 239,313 228,423 230,122 220,704 212,337 35,032 hDdf bfloTj 1,476,057 1,535,722 1,570,655 1,611,932 1,669,318 1,702,059 1,769,373 1,870,921 2,002,402 1,967,818

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

ljj/0f jif{ ! jif{ @ jif{ # jif{ $ jif{ % jif{ ^ jif{ & jif{ * jif{ ( jif{ !)

cfDbfgL


21,600 21,720 21,086 21,776 22,701 23,830 25,563 28,198 32,398 38,744

gub nfef+z 23,100 27,452 28,218 31,383 32,716 34,343 36,840 40,639 43,356 27,918

af]gz z]o/sf] las|Laf6 cflh{t 36,300 43,139 44,343 49,315 51,411 53,968 57,892 63,861 68,131 43,872


105,600 125,494 128,997 143,463 163,579 171,716 184,201 203,195 216,780 139,591

Aofh cfDbfgL -sn lgIf]kdf_ 12,000 7,240 7,442 5,124 5,341 5,607 6,015 6,635 11,435 41,023

hDdf cfDbfgL 198,600 225,045 230,086 251,061 275,748 289,464 310,511 342,529 372,099 291,148

vr{ sf]if Joj:yfkg z'Ns 29,909 31,117 31,960 33,478 35,461 37,226 39,935 44,055 49,858 54,161

;'kl/j]Ifs z'Ns -k|ltjif{_ 1,800 1,800 1,800 1,800 1,800 1,800 1,800 1,800 1,800 1,800

l8kf]hL6/L z'Ns 7,477 7,779 7,990 8,369 8,865 9,307 9,984 11,014 12,465 13,540

/]l6Ë z'Ns 565 622 684 752 752 752 752 752 752 752

n]vfkl/Ifs z'Ns 113 113 124 124 137 137 137 137 137 137

;'rLs/0f z'Ns 1,400 270 270 270 270 270 270 270 270 270

of]hgf btf{ z'Ns 1,200 - - - - - - - - -

;"rgf tyf lj1fkg 250 263 276 289 304 304 304 304 304 304

sfg'gL z'Ns 50 75 100 125 150 175 200 225 250 275

lgisfzg z'Ns 5,160 - - - - - - - - -

hDdf vr{ 47,925 42,039 43,203 45,208 47,739 49,970 53,381 58,557 65,836 71,239

;~rfng d'gfkmf÷-gf]S;fg_ 150,675 183,006 186,883 205,853 228,009 239,494 257,130 283,972 306,263 219,909

cfos/ Joj:yf - - - - - - - - - -

gfkmf ÷-gf]S;fg_ 150,675 183,006 186,883 205,853 228,009 239,494 257,130 283,972 306,263 219,909

gub nfef+z 144,000 156,000 180,000 192,000 216,000 204,000 204,000 192,000 180,000 -

;~rfng d'gfkmf÷-gf]S;fg_ 150,675 183,006 186,883 205,853 228,009 239,494 257,130 283,972 306,263 219,909

;~rfng d'gfkmf÷-gf]S;fg_ jf;nftdf ;fl/Psf]

6,675 33,682 40,565 54,417 66,426 101,920 155,050 247,022 373,285 593,194

nfef+z ljt/0f -Ü_ 12% 13% 15% 16% 18% 17% 17% 16% 15% 0%

u= gub k|jfxsf] ljj/0f -?= xhf/df_


s sf/f]jf/ ;~rfngaf6 gub k|jfx

1 gub k|flKt 198,600 225,045 230,086 251,061 275,748 289,464 310,511 342,529 372,099 291,148

2 gub e'QmfgL (47,925) (42,039) (43,203) (45,208) (47,739) (49,970) (53,381) (58,557) (65,836) (71,239)

3 cfos/ e'QmfgL - - - - - - - - - -

30

Unrealised loss/gain - - - - - - - - - -

sfo{ut k"FhL (Working Capital) ultljlw cl3sf] gub k|jfx

150,675 183,006 186,883 205,853 228,009 239,494 257,130 283,972 306,263 219,909

1 ;~rfng ;DaGwL rfn' ;DklQdf -a[l4_÷sdL

(13,800) 1,130 267 235 (517) (631) (968) (1,473) (3,300) (10,570)

2 ;~rfng ;DaGwL rfn' bfloTjdf a[l4÷-sdL_

19,781 765 547 958 1,262 1,109 1,699 2,582 3,633 2,695

sf/f]af/ ;~rfngaf6 ePsf] s'n gub k|jfx -s_

156,657 184,901 187,697 207,046 228,754 239,973 257,861 285,081 306,597 212,034

v nufgL sf/f]af/df gub k|jfx

- - - - - - - - - -

1 lwtf]kq nufgLdf -a[l4_÷sdL

(900,000) (125,674) (28,629) 80,803 (41,357) (1,422) (73,892) 3,700 (37,925) 189,989

2 l:y/ ;DklQdf -a[l4_÷sdL - - - - - - - - - -

nufgL sf/f]af/af6 ePsf] s'n gub k|jfx -v_

(900,000) (125,674) (28,629) 80,803 (41,357) (1,422) (73,892) 3,700 (37,925) 189,989

u ljQLo >f]t sf/f]jf/af6 gub k|jfx

- - - - - - - - - -

1 z]o/ k"FhLdf a[l4÷-sdL_ 1,200,000 - - - - - - - - -

2 nfef+z e'QmfgL - (144,000) (156,000) (180,000) (192,000) (216,000) (204,000) (204,000) (192,000) (180,000)

ljQLo sf/f]af/af6 ePsf] s'n gub k|jfx -u_

1,200,000 (144,000) (156,000) (180,000) (192,000) (216,000) (204,000) (204,000) (192,000) (180,000)

3 o; jif{sf] ;Dk"0f{ ultljlwaf6 gub k|jfx

456,657 (84,774) 3,067 107,849 (4,604) 22,551 (20,031) 84,781 76,672 222,024

ª gub tyf a}+sdf /x]sf] z'? df}Hbft

- 456,657 371,883 374,951 482,800 478,196 500,747 480,715 565,496 642,168

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

456,657 371,883 374,951 482,800 478,196 500,747 480,715 565,496 642,168 864,191

3= k|lt OsfO v'b ;DklQ d"Nosf] u0fgf tyf ljQLo cg'kft ;DaGwL ljj/0f -?= xhf/df_


nufgL 1,462,257 1,523,052 1,558,251 1,599,763 1,656,633 1,688,742 1,755,088 1,855,163 1,983,344 1,938,190

rfn' ;DklQ 13,800 12,670 12,404 12,169 12,686 13,317 14,285 15,758 19,058 29,628

s'n ;DklQ 1,476,057 1,535,722 1,570,655 1,611,932 1,669,318 1,702,059 1,769,373 1,870,921 2,002,402 1,967,818

rfn' bloTj 144,188 156,197 180,218 192,228 216,250 204,256 204,263 192,269 180,275 281

sf]if Joj:yfkg z'Ns, ;'kl/j]Ifs z'Ns tyf l8kf]hL6/L z'Nscl3sf] v'b ;DklQ d"No

19,593 20,348 20,875 21,824 23,063 24,166 25,859 28,435 32,062 34,751

sf]if Joj:yfkg z'Ns 14,955 15,559 15,980 16,739 17,731 18,613 19,967 22,028 24,929 27,080

;'kl/j]Ifs z'Ns 900 900 900 900 900 900 900 900 900 900

l8kf]hL6/L z'Ns 3,739 3,890 3,995 4,185 4,433 4,653 4,992 5,507 6,232 6,770

v'b ;DklQ d'No 1,312,275 1,359,176 1,369,562 1,397,881 1,430,005 1,473,636 1,539,252 1,650,217 1,790,065 1,932,786

OsfO{ ;+Vof 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000

k|lt OsfO{ v'b ;DklQ d'No 10.94 11.33 11.41 11.65 11.92 12.28 12.83 13.75 14.92 16.11

nfef+z ljt/0f 12% 13% 15% 16% 18% 17% 17% 16% 15% 0%

nufgLdf k|ltkmn 12.00% 11.89% 13.24% 14.02% 15.45% 14.27% 13.84% 12.47% 10.91% 0.00%

Cumulative Capital Gains 9.36% 13.26% 14.13% 16.49% 19.17% 22.80% 28.27% 37.52% 49.17% 61.07%

aflif{s k"FhLut nfe 9.36% 3.91% 0.87% 2.36% 2.68% 3.64% 5.47% 9.25% 11.65% 11.89%

nufgLdf s'n k|ltkmn -aflif{s_

21.36% 16.91% 15.87% 18.36% 20.68% 20.64% 22.47% 25.25% 26.65% 11.89%

31

ª= ljQLo k|If]k0fsf cfwf/x? M != of]hgfsf] ;DklQsf] afF8kmfF6

ljj/0f jif{ ! jif{ @ jif{ # jif{ $ jif{ % jif{ ^ jif{ & jif{ * jif{ ( jif{ !) l:y/ cfo x'g] If]q 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%

;fwf/0f z]o/ 55% 65% 65% 70% 70% 70% 70% 70% 65% 35%

dfu tyf cNk ;"rgfdf k|fKtx'g] /sd 25% 15% 15% 10% 10% 10% 10% 10% 15% 45%

hDDff 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%

dfly pNn]lvt ljj/0f ljQLo k|If]k0f tyf ;f] sf cfwf/x? ;fd'lxs nfugL sf]if lgodfjnL, @) & sf] lgod # sf] pklgod 1 / 2 sf] nufgL If]q leq /x]sf] 5 . @= z'Ns tyf vr{x? - of]hgf lgisfzg tyf lgoldt_ of]hgf btf{ z'Ns -xfn of]hgfsf] )=!Ü jf lgsfod lgsfon] tf]s] adf]lhd_M ?=!@,)),))) . lgisfzg tyf laqmL k|aGw z'Ns M of]hgfsf] )=@%Ü . g]kfn :6s PS;r]Gh ln= df ;"rLs/0f z'NsM ;"rLs/0f ug{]a]nf xfn s'n of]hgfsf] )=)&%Ü / jflif{s gljs/0f

z"Ns xfn ?= %),))) /x]sf] . lgofds lgsfon] cGoyf tf]s]df ;f]xL cg';f/ . l;l8P; P08 lSnol/Ë ln= df ;"rLs/0f z'NsM ;"rLs/0f ug{]a]nf xfn s'n of]hgfsf] )=)#%Ü / jflif{s gljs/0f

z"Ns xfn ?= @,)),))) /x]sf] . lgofds lgsfon] cGoyf tf]s]df ;f]xL cg';f/ n]vfk/LIf0f z'NsM klxnf] jif{ ?= !,!#,)))÷— / x/]s b'O{ jif{df kl5Nnf] aif{df sfod z'Nsdf !)Ü n] a[l4 ul/g]

/ kfFr aif{ kZrft\ kl/jt{g gx'g] . lgoldt ;"rgf k|sfzg z'NsM aflif{s ?= @,%),)))÷— / x/]s jif{ % aif{;Dd kl5Nnf] sfod z'Nsdf %Ü n] a[l4

ul/g] . jf:tljstfdf ;f] vr{ km/s kg{ ;Sg]5 . sfg'gL k/fdz{ z'NsM klxnf] jif{ ?=%),)))÷— / x/]s jif{ @%,)))÷– n] a[l4 ul/g] . lgisfzg z'Ns ;DaGwL ljj/0f M

qm=;+= ljj/0f /sd -?_ ! lgisfzg z'Ns )=@% k|ltzt #),)),)))@ lj1fkg vr{-l6le, kmd Pd /]l8of], cgnfOg_ !*,)),)))# 5kfO vr{ @,)),)))$ afF8kmfF8 vr{ ^),)))% ;km\6j]o/ h8fg tyf Customization z'Ns !,)),)))

hDdf %!, ),)))

#= k|If]lkt k|ltkmn

ljj/0f jif{ ! jif{ @ jif{ # jif{ $ jif{ % jif{ ^ jif{ & jif{ * jif{ ( jif{ !)l:y/ cfo lgIf]k d'2tL 9% 9% 8% 8% 8% 8% 8% 8% 8% 8.% a08÷C0fkq 9% 9% 9% 9% 9% 9% 9% 9% 9% 9% z]o/M 9% 9% 9% 9% 9% 9% 9% 9% 9% 9.% gub nfef+z 3.50% 3.50% 3.50% 3.50% 3.50% 3.50% 3.50% 3.50% 3.50% 3.50% Aff]gz z]o/ 5.50% 5.50% 5.50% 5.50% 5.50% 5.50% 5.50% 5.50% 5.50% 5.50% Aofh cfDbfgL M dfu tyf cNk ;"rgfdf k|fKt x'g] /sd

4% 4% 4% 4% 4% 4% 4% 4% 4% 4%

cflh{t k"FhLut gfkmf÷-gf]S;fg_ 32% 32% 32% 32% 35% 35% 35% 35% 35% 35% ;+lrt (Cumulative) cflh{t x'g afFsL k"FhLut gfkmf÷-gf]S;fg_

32% 32% 32% 32% 35% 35% 35% 35% 35% 35%

$= kfpg'kg]{ tyf e'QmfgL ug'{kg{]

rfn' ;DklQ M dfu tyf cNk ;"rgfdf k|fKtx'g] Aofh cfDbfgL q}dfl;s ¿kdf u0fgf ul/Psf] l:y/ nufgLdf k|fKt Jofh cfDbfgL cw{ jflif{s ¿kdf u0fgf ul/Psf] .

32

rfn' bfloTj M of]hgf Joj:yfkg z'Ns, l8kf]hL6/L z'Ns tyf ;'kl/j]If0f z'Ns cw{jflif{s ¿kdf e'QmfgL ul/g] tyf ;G8«L qm]l86;{, sfg'gL z'Ns tyf bnfnL z'Ns q}dfl;s ?kdf e'QmfgL ul/g] .

*=% of]hgfsf] vr{ ;DaGwL ljj/0f of]hgfsf] vr{;DaGwL ljj/0f b]xfocg';f/ /x]sf] 5 M

-s_ of]hgf lgisfzgsf nflu ul/g] vr{ M lgodfjnLsf] Joj:yf adf]lhd af]8{df of]hgf btf{ ubf{ nfUg] z'Ns, qm]l86 /]l6Ë, ;"rgf k|sfzg, OsfO{sf] afF8kmfF8, of]hgfsf] k|rf/

k|;f/ tyf lgisfzg;+u cfj4 cGo vr{ .

-v_ of]hgfsf] lgoldt vr{ M != nufgL Joj:yfkg z'Ns M of]hgfsf] aiff{Gtdf sfod v'b ;DklQ d"Nosf] @ k|ltzt -;f] sf] u0fgf lalw g]kfn lwtf]kq af]8{n] tf]s] adf]lhd x'g]5 . _

@= sf]if ;'kl/j]Ifs -;d"x_ z'Ns M k|lt a}7s ¿= @),)))÷– -k|lt ;'kl/j]Ifs_ #= l8kf]lh6/L z'NsM v'b ;DklQ d"Nosf] )=%) k|ltzt . $= ;"rLs/0f tyf gljs/0f z"Ns M g]kfn :6s PS;r]Gh ln= / l;l8P;l;n] tf]s] jdf]lhd . %= n]vf k/LIf0f, k|rlnt sfg"g adf]lhdsf] ;"rgf k|sfzg, sfg"gL vr{, z]o/ sf/f]af/df a|f]s/ sldzg, qm]l86 /]l6Ë, cGo

hfgsf/L tyf k|ltj]bg k|sfzg -jf:tljs cfwf/df_ . = of]hgfn] s/ ltg'{kg]{ cj:yfdf To:tf] s/ tyf l;l8P; (CDS) df btf{ z"Ns -jf:tljs cfwf/df_, &= of]hgf;+u ;DjlGwt cGo e}k/L cfpg] vr{ -jf:tljs cfwf/df_ .

af]8{n] tf]s]sf] cj:yfdf jfx]s pko'{Qm lzif{ssf cltl/Qm cGo zLif{sdf vr{ hgfO{g] 5}g . vr{ hgfpg'kg]{ cj:yf cfPdf af]8{sf] k"j{ :jLs[lt lnOg]5 . *= of]hgfsf] d'gfkmf ljt/0fsf] nIf M of]hgfsf] n]vfk/LIf0fkZrft\ cfPsf] v'b ljt/0fof]Uo d'gfkmfsf] lx;fjn] OsfO{sf] cª\lst d"Nosf] cfwf/df x/]s cfly{s aif{df Ps jf ;f] eGbf a9L k6s d'gfkmf ljt/0f ul/g]5 . ;l~rt d'gfkmf (Retained Earning) k'gM nufgL ul/g]5 . *=& nufgL tyf nfef+;sf ;DaGwdf nfu' x'g] s/ ;DaGwL Joj:yf k|rlnt sfg'gn] lgwf{/0f u/] adf]lhd x'g]5 . *=* of]hgfsf OsfO{x? csf]{ of]hgfdf x:tfGt/0f x'g]÷gx'g] s'/f / x'g] ePdf ;f]sf] k|lqmof M o; of]hgfsf OsfO{x? s'g} csf]{ of]hgfdf x:tfGt/0f x'g] 5}gg\ . of]hgfsf] cjlw ;dfKt eP kZrft\ of]hgfsf] ;DklQ ljqmL u/L OsfO{wgLx?nfO{ ;dfg'kflts cfwf/df ljt/0f ul/g]5 . OsfO{wgLx? tyf sf]if ;'kl/j]Ifssf] ;xdlt, sf]if k|a4{s,tyf af]8{sf] :jLs[lt of lgb]{zgdf o; of]hgfnfO{ gofF of]hgfdf kl/0ft ug{ ;lsg]5 . of]hgfnfO{ gofF of]hgfdf kl/0ft ug]{ ;DaGwL Joj:yf / ckgfpg] k|s[of lgodfjnLsf] cwLgdf /xL af]8{sf] :jLs[lt cg'?k x'g]5 . *=( v'b ;DklQ d"No u0fgf tyf ;f]sf] k|sfzg ;DaGwL Joj:yfM -s_ v'b ;DklQ d"No u0fgf ug{] ljlw M k|lt OsfO{ v"b ;DklQ d"No -g]6 P;]6 EofNo'_ sfod ubf{ of]hgfsf] d"NofÍg ug]{ ldltdf sfod /x]sf] ;Dk"0f{ ;DklQnfO{ s'n OsfO{ ;ª\Vofn] efu u/L k|lt OsfO{ v"b ;DklQ d"No sfod ul/g]5 . v"b ;DklQ d"NofÍg ug]{ ;"q b]xfo adf]lhd x'g]5 M

d"NofÍg ldltdf nufgLsf] d"No ± k|fKt x'g afFsL k|ltkmn jf cfo tyf cGo /sdx? — ltg{ afFsL bfloTj tyf cGo /sdx?

k|lt OsfO{ v'b ;DklQ d"No Ö––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––——————— d"NofÍg ldltdf of]hgf cGtu{tsf] s'n OsfO{ ;ª\Vof

-v_ v'b ;DklQ d"No k|sfzg;DaGwL Joj:yf M

of]hgfsf] OsfO{ afF8kmfF6 ePsf] Ps dlxgfleq of]hgf Joj:yfksn] k|yd v'b ;DklQ d"No lgwf{/0f u/L ;fj{hlgs ug]{5 / To; kl5 klg lgodfjnLsf] Joj:yf adf]lhd k|To]s xKtfsf] v'b ;DklQ d"No lgwf{/0f u/L of]hgf Joj:yfkssf] j]j ;fO{6

33

www.nabilinvest.com.np df ;fj{hlgs ul/g]5 . ;fy} of]hgf Joj:yfksn] of]hgfsf] nufgLsf] ljj/0f dfl;s ?kdf cfKfm\gf] j]a ;fO{6df /fvL ;fj{hlgs ug]{ tyf jflif{s ?kdf of]hgfsf] n]vfk/LIf0f u/fO{ ;f];DaGwL ljj/0f ;fj{hlgs ug]{5 . v'b ;DklQ d"No tyf of]hgfsf] sfo{;Dkfbg ;DaGwL ljj/0f tyf hfgsf/L ;fj{hlgs ug]{ ;DaGwL Joj:yf k|rlnt sfg'g tyf af]8{sf] lgb]{zg adf]lhd x'g]5 .

*=!) of]hgfdf cGtlg{lxt hf]lvd tyf ;f]sf] Joj:yfkgsf] nflu Joj:yfkgsf] wf/0ff -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]ifcGtu{t of]hgfsf] nufgL lwtf]kq ahf/nufot cGo ljleGg If]qdf k|jfx ul/g]x'Fbf lwtf]kq ahf/ tyf 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 36j9 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]{ 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|j4{s, ;'kl/j]Ifs jf of]hgf Joj:yfkssf] lautsf] sfo{n] lghx?sf] eljiosf] sfdsf] nflu lgb]{zg jf ;ª\s]t ub}{g eGg] ;DaGwdf M

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|j4{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|j4{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|j4{sn] ln+b}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? lgisfzg u/L ;+sng ul/Psf] /sd ljleGg If]qdf nufgL ul/G5 . of]hgf Joj:yfksn] cfkm\gf]

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] ;'lglZrttf 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] cª\lst d"Nodf nufgL u/]sf] cg'kftdf of]hgfn] sdfPsf] v'b d'gfkmfsf]

cfwf/df gub nfef+z kfpg] 5g\ . o:tf] nfef+z of]hgfn] cf gf] nufgL jfkt k|fKt ug]{ k"FhLut d'gfkmf, Jofh, nfef+z, z]o/ k|Tofe"lt sldzg jf ;DklQsf] d"No j[l4 (capital gain) jf cGo ljQLo sf/f]jf/af6 k|fKt ePsf] cfDbfgLaf6 lbg]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 ;l~rt d'gfkmf (retained earning) sf] ?kdf /xg]5 . s'g} jif{ of]hgfsf] cfDbfgLn] nfef+z ljt/0f ug{ g;Sg] cj:yf cfPdf ;l~rt d'gfkmfaf6 nfef+z lbg ;lsg]5 . of]hgfn] x/]s jif{ d'gfkmf lbg] ;'lglZrttf eg] x'FFb}g .

-@_ of]hgfcGtu{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] ;ª\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]{ x'Fbf ;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] Aofh 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] Jofhb/ / lwtf]kqsf] nufgLaLr 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 ;DkQL d"Nosf] :yL/tfsf] ;'lglZrttf gug]{ s'/f ;DaGwdf M /]l6Ë sDkgLn] s'g} ;dosf] ljj/0fsf] cfwf/df /]l6Ë ug]{x'Fbf pQm ;dodf lbOPsf] /fon] of]hgfsf] v'b ;DklQ d"Nosf] :yL/tfsf]

;'lglZrttf ub}{g . -$_ Jofhb/ kl/jt{gaf6 x'g] hf]lvd;DaGwdf M

34

of]hgfsf] s'n /sddWo] s]xL /sd a}+s lgIf]k tyf a08÷l8j]Gr/x?df ;d]t nufgL ul/g] x'Fbf lgIf]kdf k|fKt x'g] Aofhb/df kl/jt{gx'Fbf of]hgfsf] cfodf ;d]t c;/ kb{5 . ;DklQsf] d"Nofª\sg (Valuation) k|rlnt Jofhb/nfO{ cfwf/ dfgL ul/g] x'Fbf k|rlnt Jofhb/df x'g] kl/jt{gn] of]hgf cGt{utsf] ;DklQsf] d"Nofª\sgdf ;d]t kl/jt{g x'G5 .

-%_ 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]{, g]kfn :6s PS;r]Ghdf ;"lrs[t u/fO{ bf];|f] ahf/df sf/f]jf/sf] Joj:yf u/fpg], ;"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:yfadf]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] x'Fbf o:tf vr{x?n] of]hgfsf] v'b ;DklQ d"Nodf s]xL k|efj kfb{5 .

- _ OSjL6L;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? cGt{lglxt /x]sf xG5g\ . -&_ C0f hf]lvdleq 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]x'Fbf 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 Toltg} 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 :kmLtL ePdf cflb af/] M Aofhb/df kl/jt{g x'g] hf]lvd cy{tGqdf x'g] ultljlwdf lge{/ ub{5 . ljleGg cfly{s ptf/r9fjsf] c;/ Aofhb/df ;d]t kg{

;S5 / o; cj:yfdf Aofhb/sf] kl/jt{gaf6 x'g] hf]lvd of]hgfdf ;d]t kg{ ;Sb5 . -!)_ k'gn{ufgL hf]lvd oyfjt /xg] sf/0fdf Aofh b/df ePsf] clglZrttfsf sf/0f tyf C0fkqsf] ;§fdf s'kg k|fKt x'g] / ;f]xL s'kg

k'gn{ufgLdf k|of]u x'g] x'Fbf k'g{nufgL 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'gn{ufgL 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 .

-!@_ of]hgfn] nufgL ug]{ cGo pks/0fx? h:t} 8]l/e]l6K;\, o'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 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{gaf6 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 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]gz gkfpg] af/] M of]hgfsf] sfo{;Dkfbgsf] cfwf/df of]hgfcGt{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] gub nfef+z ljt/0f ug{ ;Sg] cj:yf x'G5 . tyflk of]hgfn] s'g} k|sf/sf] af]gz 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 ;b}j ;r]t /xL ahf/df pTkGg x'g] hf]lvdx?sf] lg/Gt/ cWoog u/L hf]lvd Joj:yfkgsf nflu lgDgfg';f/sf] pko'Qm pkfo cjnDag ul/Psf]5 .

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-!_ ;jn tYofª\s k|0ffnLsf] ljsf; u/L kof{Kt cWoog cg';Gwfgsf cfwf/df nufgL ug]{ Joj:yf tyf k|s[ofnfO{ lg/Gt/tf lbO{Psf] 5 . ;f]sf] lg/Gt/ cwfjlws ug]{ Joj:yf ;d]t ul/Psf] 5 .

-@_ lwtf]kqdf nufgL ug'{k"j{ pQm lwtf]kq / ;DalGwt sDkgLsf] ;DaGwdf kof{Kt ljZn]if0f u/]/ dfq nufgL;DaGwL lg0f{o ul/Psf]]5 . o;sf nflu ljleGg ljQLo ljZn]if0fsf nflu pknAw cEof; tyf pks/0fx?sf] pkof]u ul/Psf]]5 .

-#_ nufgL ljZn]if0fsf nflu cg';Gwfg ljefusf] /x]sf] 5 h;df cfwf/e"t laZn]if0f k|ltj]bg (Fundamental Analysis Report) / k|fljlws ljZn]if0f k|ltj]bg (Technical Analysis Report) tof/ ug{sf] nflu Jofj;flos ljZn]zssf] Joj:yf ul/Psf] 5 .

-$_ 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]{ k|ls|of lg/Gt/ cjnDag ul/Psf]]5 .

-%_ nufgLdf hf]lvd Go"gLs/0f ug{ / nufgLdf ;dof]lrt k|ltkmn k|fKt ug{ k|To]s nufgLdf /x]sf] hf]lvd tyf k|ltkmnsf] ljZn]if0f u/]/ pko'Qm hf]lvd k|ltkmn cg'kftnfO{ b[li6ut u/L sd hf]lvd t/ /fd|f] k|ltkmn x'g;Sg] b]lvPsf ljleGg pks/0fx?df nufgL ug]{ / lgodfjnL tyf lgb]{lzsf tyf af]8{af6 l:js[t ljj/0f k'l:tsfsf] clwgdf /xL ;Dej eP;Dd a9L eGbf a9L nufgL pks/0fx?df nufgL u/L nufgL ljljwLs/0fsf] k|ls|of canDag ul/Psf]5 .

- _ t/ntf Joj:yfkgdf ;b}j pRr ;ts{tf ckgfOPsf]5 . -&_ nufgL tyf hf]lvd Joj:yfkgsf nflu ;km\6j]o/sf] pkof]u ul/Psf] 5 h;df af]8{af6 l:js[t ljj/0f k'l:tsfsf] nufgL ;DaGwL

ljj/0f /flvPsf] 5 . ;fy} Scheme Manager n] nufgLsf nflu p7fPsf] Investment Memo nfO{ Compliance Offier af6 Vet u/fO{, OGe]i6d]G6 a}+ls+u k|d'vaf6 recommend u/L sfo{sf/L k|d'vsf] l:js[lt lnP/ l8n/sf] dfWodaf6 sf/f]af/sf] Joj:yf ul/Psf]5 .

( OsfO{ lgisfzg;DaGwL ljj/0f (=! OsfO{ laqmL v'nf ul/g] ldlt tyf cjlw M

o; ljj/0f–kqåf/f lgisfzg ul/Psf] OsfO{sf] nflu cfj]bg lbg] cjlw sDtLdf $ sfo{ lbg tyf clwstd #) lbgsf] nflu x'g]5 . af]8{af6 ljj/0f k'l:tsf :jLs[t ePsf] @ dlxgf leq OsfO{x?sf] laqmL v'Nnf ul/g]5 .

(=@ cfj]bg ;Íng s]Gb| -laqmL s]Gb|_ ;DaGwL hfgmsf/LM

g]kfn lwtf]kq af]8{af6 cg'dlt k|fKt u/L cf:jf (ASBA) ;]jfdf ;xefuL a}+s tyf ljQLo ;+:yfx? / ltgsf zfvf sfof{nox? . (=# 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'gadf]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} ;~rosf]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\ .

(=$ vl/b ug{ ;lsg] Go"gtd tyf clwstd OsfO{ ;ª\VofM cfj]bsn] Go"gtd !)) -Ps ;o_ OsfO{ tyf ;f]eGbf dfly !) n] efu hfg] u/L clwstd ! s/f]8 @) nfv O{sfO;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'nf /fVg'kg]{ Go"gtd cjlw Joltt ePkl5 of]hgf Joj:yfks÷lgisfzg

tyf laqmL k|aGwsn] h'g;'s} ;dodf ;"rgf k|sfzg u/L OsfO{ laqmL aGb ug{ ;Sg]5 . @= laqmL v'Nnf ePsf] lgj]bg lbg] cjlw tyf af]8{af6 yk ePsf] cjlwleq slDtdf krf; k|ltzt OsfO{ v/Lb ug{ lgj]bg k|fKt ePdf

OsfO{sf] afF8kmfF6 ul/g]5 . #= o; ljj/0f k'l:tsfcg';f/ OsfO{ laqmL v'Nnf cjlw;Dd klg cfx\jfg u/]sf] Go"gtd krf; k|ltzt OsfO{ vl/b ug{sf] nflu cfj]bg k|fKt

gePdf of]hgf vf/]h u/L kGw| lbgleq lgj]bsx?sf] /sd lkmtf{ ul/g]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

lgisfzg ul/Psf] eGbf a9L ;ª\Vofdf OsfO{ dfu ePdf lgisfzg ul/Psf] OsfO{ ;ª\Vofsf] kRrL; k|ltzt;Dd yk u/L OsfO{ afF8kmfF6 ul/g]5 .

%= OsfO{sf] afF8kmfF6;DaGwL cGo Joj:Yff k|rlnt lwtf]kq afF8kmfF6 ;DaGwL lgb]{lzsf adf]lhd x'g]5 . = of]hgfsf OsfO{x? g]kfn :6s PS;r]Gh ln=df ;"rLs/0f u/L bf];|f]jhf/df sf/f]af/sf] Joj:yf ldnfOg]5 .

(= cfj]bg lbbfF Wofg lbg'kg]{ s'/fx?M

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!= s'g} klg g]kfnL gful/s, u}/cfjf;Lo g]kfnL tyf g]kfnL ;+3 ;+:yfn] o; ljj/0fkq cg';f/ 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 lgisfzg tyf afF8kmFf8 lgb]{lzsf, @)&$” sf] bkmf @$ df pNn]v eP adf]lhd b]xfosf ljj/0fx? :ki6 ?kdf b/vf:t kmf/fddf v'nfO{ 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, ;DaGwLt ;+sng s]Gb| -cfZjf ;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 ul/g]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 lgisfzg 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 clwstd ! s/f]8 @) nfv O{sfO;Dd vl/b ug{ ;lsg]5 . cfj]bg kmf/fd;fy cfj]bg jfktsf] zt\ k|ltzt /sd e'QmfgL ug'{kg]{5 .

%= g]kfn lwtf]kq af]8{af6 ;xefuL a}+ssf] cg'dlt k|fKt a}+s tyf ljlQo;+:yf dWo] cfkm\gf] vftf /x]sf] a}+s ljlQo ;+:yfaf6 ;L–cf:jf (C-

ASBA) k|0ffnL cGt{ut dfq cfj]bg ug{ ;lsg]5 . ;xeflu a}+sx?n] ?= !),)),)))÷— jf ;f] eGbf a9L b/vf:t lbg] cfj]bssf] Kofg g+= /x]sf] tyf 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] 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 .

&= l;l8P; P08 lSnol/Ë lnld6]8af6 pknAw u/fO{Psf] æd]/f] z]o/Æ ; 6j]o/af6 klg cfj]bsn] cfj]bg ug{ ;Sg]5g\ . To;sfnflu cfj]bsn] cf gf] lxtu|fxL vftfdf a}+s vftfsf] ljj/0f pNn]v ul/;s]sf] x'g'kg]{5 / ;DalGwt a}+s tyf ljQLo ;+:yfaf6 CRN g+= lnO{;s]sf] x'g'kg]{5 .

*= cfj]bsn] ljj/0f k'l:tsf /fd|f] cWoog u/]/ dfq cfjb]g lbg' pko'Qm x'G5 .

!) 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/ -s_ of]hgfsf] nufgL gLlt, p2]Zo tyf ljQLo cj:yfjf/] hfgsf/L k|fKt ug]{ . -v_ of]hgfn] ljt/0f u/]sf] k|ltkmn k|fKt ug]{ . -u_ of]hgfcGtu{tsf cfkmgf gfddf /x]sf OsfO{x? cfkm\gf] ;DklQ ;/x bf];|f] ahf/df laqmL ug]{ tyf bf];|f] ahf/df vl/b ul/Psf OsfO{x?

cfkm\gf] gfddf gfd;f/L u/fpg] . -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] . -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] ;]jf -s_ vl/b u/]sf] of]hgfsf] OsfO{ cfj]bsn] pNn]v u/]sf] Demat vftfdf k|bfg ul/g]5 .

!! u'gf;f] ;'Gg] / ;dfwfg ug{] k|s[of of]hgf lgisfzgsf jvt pTkGg x'g;Sg] u'gf;fx?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 skf]{/]6 kmfOgfG; tyf l/;r{ k|d'v lgod kfngf clws[tsf] ?kdf lgo'Qm

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u/]sf] 5 . lgod kfngf clws[tn] k|fKt u'gf;f ;'Gg], ;f]sf] ;dfwfgsf pkfox? klxrfg ug]{ / ;fdfGo k|sf/sf u'gf;fx?nfO{ sfg'g;Ddt tl/sfn] cfkm\g} txaf6 ;dfwfg ug]{5 . 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 .

lgisflzt lwtf]kq ;DaGwL nufgLstf{x?sf] u'gf;f] tyf ;'emfj ;'Gg tyf ;f] sf] ;dfwfgsf nflu lwtf]kq lgisfzg tyf laqmL k|jGws glan OGe]i6d]06 a}+lsË lnld6]8, gS;fn, sf7df8f}+sf >L ?k]z sfsL{ )!– $$!! )$ df ;Dks{ ug{ ;lsg]5 .

lgisfzg a}+sx? M o; ;fj{hlgs lgisfzgsf] nflu s'g} klg lgisfzg a}+s tf]lsPsf] 5}g .

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!@= of]hgf Joj:yfkssf] k|lta4tf–kq -8\o' 8]lnh]G; ;l6{lkms]6_

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!# 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}F egL ;xL 5fk ug{] ;~rfnsx?sf] gfd tyf b:tvt

qm=;+= ;~rfnsx?sf] gfd kb b:tvt

1 >L j+l;w/ lwld/] cWoIf

2 >L e/t clwsf/L ;~rfns

3 >L ljgo s'df/ /]UdL ;~rfns

4 >L s[i0f bQ e§/fO{ ;~rfns

5 >L /fx'n rf}w/L ;~rfns

6 >L ;'efif yfkf ;~rfns

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Nabil Balanced Fund II Book...0 lwtf]kq ;DaGwL P ]g, @)^# / ;fd "lxs nufgL sf ]if lgodfjnL, @)^& adf ]lhd g ]kfn lwtf ]kq af ]8{df btf { ePsf ]glan Do'r'cn km08 cGtu{t ;~rfng x 'g]