Public Issue of "NIC ASIA Equity Opportunity Fund" Mutual Fund Scheme Opening From Today
Wed, Sep 23, 2026 10:05 AM on Mutual Fund, Latest,
NIC Asia Capital Limited is opening the issue of the "NIC ASIA Equity Opportunity Fund," a close-ended mutual fund scheme. The issue will open from today, i.e., on the 7th Ashoj, 2083, and close on the 13th Ashoj, 2083. If not fully subscribed by the early closing date, the issue can be extended until Ashoj 21.
Out of 8 crore unit shares, 15%, i.e., 1,20,00,000 crores worth Rs. 12 crores have been allocated to the scheme manager, NIC Asia Bank Limited. The remaining 6,80,00,000 crores units worth Rs. 68 crores will be issued to the general public and institutions.
"NIC ASIA Equity Opportunity Fund" is a closed-ended fund. Applicants can apply for a minimum of 100 units to a maximum of 1,00,00,000 units. Applications can be submitted through C-ASBA member banks and financial institutions or through the MEROSHARE platform.
The 10-year fund will mainly invest in listed Nepali equities with the aim of generating long-term capital growth. It will follow a value-investing strategy by investing in shares considered to be available below their intrinsic value.
The fund will allocate 75% of its portfolio to listed and primary equities, 15% to deposits and fixed-income instruments, and 10% to money market instruments.
Infomerics Credit Rating Nepal has assigned an AMC Quality 2 rating to NIC ASIA Capital, indicating a high ability to achieve the fund's objectives.. NIC ASIA Capital is currently managing six mutual funds worth approximately NPR 6.9 billion and has successfully taken one close-ended mutual fund to redemption.
