Shubha Laxmi Kosh Secures SEBON Approval to Triple Fund Size to Rs 3 Arba
Fri, Oct 16, 2026 8:27 AM on Latest, Mutual Fund, Corporate,
Laxmi Sunrise Capital Limited has received approval from the Securities Board of Nepal (SEBON) to increase the authorized size of its open-ended mutual fund scheme, Shubha Laxmi Kosh, from Rs 1 Arba to Rs 3 Arba.
The fund, which had an initial size of Rs 50 crore on 25th Kartik, 2082, successfully raised nearly the full amount of its approved expansion to Rs 1 Arba within a year. The company expects the latest increase in fund size to enable more investors to participate in the scheme.
Shubha Laxmi Kosh has also introduced a Systematic Withdrawal Plan (SWP), allowing unit holders to withdraw predetermined amounts from their investments at regular intervals. The scheme also offers a Systematic Investment Plan (SIP), providing investors with options for both regular investment and planned withdrawals.
