Reliable Investment and Merchant Capital to Issue Units of ‘Reliable Samriddhi Yojana-2’ from Baisakh 29
April 28, 2026 | Investopaper
Reliable Investment and Merchant Capital Limited has launched a new mutual fund scheme named “Reliable Samriddhi Yojana-2”. The fund manager is going to sell the units of the mutual fund scheme in the public offering from Baisakh 29, 2083 BS.
The close-ended scheme “Reliable Samriddhi Yojana-2” will operate under “Reliable Mutual Fund”. The fund manager is issuing 10 crores units at a par value of Rs. 10. Hence, the total issue amounts to Rs. 100 crores.
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If fully subscribed, the scheme offering will close on Jestha 1, 2083 BS.
Interested investors can apply for a minimum of 100 units and maximum of 1 crore units.
Out of the total public issue, 14 percent or 1.4 crore units of the fund will be purchased by Reliable Nepal Life Insurance Limited, the promoter of the mutual fund and 1 percent or 10 lakh units will be purchased by the fund manager, Reliable Investment and Merchant Capital Limited.
For this purpose, Securities Board of Nepal (SEBON) gave the permission to the company on Baisakh 3, 2083 BS. Only after the permission from the regulatory body SEBON, the mutual fund scheme can be floated to the general public.
After the allotment of the scheme, it will be listed and traded on the Nepal stock exchange.
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