Machhapuchchhre Capital Closing Public Issue of its First Open Ended Scheme ‘Machhapuchchhre SIP Yojana’ from Today
December 3, 2025 | Investopaper
Machhapuchchhre Capital Limited has launched a new mutual fund scheme named “Machhapuchchhre SIP Yojana”. The fund manager is currently issuing 1.25 crores units to the general public at a par value of Rs. 10. Hence, the total issue amounts to Rs. 12.5 crores. The public issue is open from Mangsir 14, 2082 BS.
For this purpose, Securities Board of Nepal (SEBON) gave the permission to the company on Karthik 27, 2082 BS. The fund manager had submitted the application to the board on Ashad 30, 2082 BS seeking permission to sell the units to the public.
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Only after the permission from the regulatory body SEBON, the mutual fund scheme can be floated to the general public.
The open-ended scheme “Machhapuchchhre SIP Yojana” will operate under “Machhapuchchhre Mutual Fund”. In total, the fund manager is planning to issue 5 crores units at a par value of Rs. 10. Hence, the total issue amounts to Rs. 50 crores.
Out of the total public issue, 15 percent or 0.75 crore units of the fund will be purchased by Machhapuchchhre Bank Limited (14 percent), the promoter of the mutual fund and Machhapuchchhre Capital Limited (1 percent), the fund manager.
Due to full subscription, the public offering will close on Mangsir 17, 2082 BS.
Interested investors can apply for a minimum of 100 units and a maximum of 20 lakh units.
‘Machhapuchchhre SIP 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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