Garima Capital Limited to Launch an Open Ended Scheme ‘Garima Subarna Yojana’
February 8, 2026 | Investopaper
Garima Capital Limited is going to launch an open ended scheme named “Garima Subarna Yojana”. The fund manager is planning to issue 1,00,000,000 units of its new mutual fund scheme to the general public. At a par value of Rs 10 per unit, the total issue size amounts to Rs 100 crores. The scheme will be operated under ‘Garima Mutual Fund’.
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For this purpose, Securities Board Of Nepal (SEBON) has given the approval to the company on Magh 21, 2082 BS. Only after the permission from the board, the company can sell the units to the general public.
Garima Bikas Bank Limited is the promoter company of the Garima Mutual Fund. Hence, the bank, along with the fund manager Garima Capital will purchase 15 percent or 1.5 crore units of the scheme. The fund manager is going to sell the remaining 8.50 crore units to the general public.
‘Garima Subarna Yojana’ is an open ended scheme. In an open-ended mutual fund, interested investors can purchase or sell the shares in the fund directly from the fund. There is no need to purchase from existing shareholders.
Investing in a mutual fund can be a good strategy for most investors as it offers decent returns at a low level of risk. Mutual funds are managed by professional experts and provide wide diversification.
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