BY NGOZI ONYEAKUSI

The Securities and Exchange Commission (SEC) has disclosed that the total Net Asset Value (NAV) of mutual funds reached N7.416 trillion on November 28, 2025, up from N3.850 trillion in November 2024 thus  representing a 92.6 per cent in one year as more investors put money into these investment products.

Data from the commission showed that the rise comes as inflation slowed more than expected. Headline inflation fell to 14.45 per cent in November 2025 from 16.05 per cent in October. The drop has increased confidence that interest rates could be cut early next year, making investments in mutual funds more attractive. Money Market Funds held the largest share of the market, accounting for N4.552 trillion or 61 per cent of total assets. Top-performing funds included RT Briscoe Savings & Investment Fund, which returned 24.34 per cent, followed by Page Money Market Fund at 22.54 per cent, and STL Money Market Fund at 20.32 per cent. Fixed Income Funds were second, with a total value of N1.901 trillion (41 per cent of total NAV), while Real Estate Investment Trusts (REITs) had N408 billion, representing 6.4 per cent of the market.