NIC Asia Capital Issuing 6.8 Crore Units of ‘NIC Asia Equity Opportunity Fund’ from Today
September 23, 2026 | Investopaper
NIC Asia Capital Limited has launched a close ended scheme named “NIC Asia Equity Opportunity Fund”. The fund manager is currently issuing 6.8 crore units of its new mutual fund scheme to the general public from Ashwin 7, 2083 BS. At a par value of Rs 10 per unit, the total issue size amounts to Rs 68 crores. The scheme will be operated under ‘NIC Asia Bank Mutual Fund’.
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If fully subscribed, the scheme offering will close on Ashwin 13, 2083 BS.
Interested investors can apply for a minimum of 100 units and a maximum of 1 crore units.
NIC Asia Bank is the promoter company of the NIC Asia Bank Mutual Fund. Hence, the bank will purchase 15 percent or 1.2 crore units of the scheme. Therefore, the general public can subscribe for the remaining 6.8 crore units worth Rs 68 crores.
For this purpose, as the fund manager, NIC Asia Capital has submitted the application to the Securities Board Of Nepal (SEBON) on Poush 22, 2082 BS seeking approval. Only after the permission from the board, the company can sell the units to the general public.
‘NIC Asia Equity Opportunity Fund’ is a close ended scheme. After the allotment of the scheme, it will be listed and traded on the Nepal stock exchange.
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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