Deadline To Apply For Reliable Investment and Merchant Capital Limited's Mutual Fund Scheme "Reliable Samriddhi Yojana-2" Extended Till Jestha 12
Fri, May 15, 2026 10:05 AM on Mutual Fund, Highlight News,
Reliable Investment and Merchant Capital Limited has extended the deadline for the mutual fund scheme "Reliable Samriddhi Yojana-2," to the general public and institutions until 12th Jestha, 2083. The issue opened on the 29th Baishakh, 2083, and was supposed to close today, the 1st Jestha,, 2083. However, since the scheme received fewer applications, the deadline has been extended to 12th Jestha, 2083.
Out of 10 crore unit shares,, i.e.,14%, i.e., 1,40,00,000 crores units worth Rs. 14 crores have been allocated to the scheme manager, Reliable Nepal Life Insurance Limited, and 1%, i.e., 10,00,000 units worth Rs. 1 crores, have been allocated to the fund sponsor, Reliable Investment and Merchant Capital Limited. The remaining 8,50,00,000 units worth Rs 85 Crores will be issued to the general public and institutions.
According to CDSC, 48,036 applicants have applied for 42,857,470 units worth Rs. 42.85 Crores so far.
"Reliable Samriddhi Yojana-2" is a closed-ended fund. Applicants can apply for a minimum of 100 units to a maximum of 1,00,00,000 units.
