NIC Asia Capital to Launch New Mutual Fund Scheme ‘NIC Asia Equity Opportunity Fund’
January 27, 2026 | Investopaper
NIC Asia Capital Limited is going to launch a close ended scheme named “NIC Asia Equity Opportunity Fund”. The fund manager is planning to issue 8 crore 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 80 crores. The scheme will be operated under ‘NIC Asia Bank Mutual Fund’.
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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 Bank is the promoter company of the NIC Asia Bank Mutual Fund. Hence, the bank along with the fund manager NIC Asia Capital 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.
‘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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