From First to Foremost: NIBL Sahabhagita Fund (NIBLSF) Reaches Milestone NPR 10 billion Size and Credits Pending Units

In a landmark move for the Nepalese capital market, NIBL Sahabhagita Fund (NIBLSF), the country’s first-ever open-ended mutual fund, has officially solidified its position as the largest scheme in its category. The fund manager, NIMB Ace Capital Limited, announced that the scheme's size has been significantly expanded to NPR 10 billion (1 billion units), following approval from the Securities Board of Nepal (SEBON).

The fund, which previously operated with a cap of NPR 6 billion, had faced a temporary pause in unit deposits due to seed capital constraints. Under existing regulations, a specific percentage of the fund must be held by the fund sponsor and manager.

With the recent SEBON directive issued on Magh 2, 2082 (January 15, 2026), regarding seed capital adjustments, the fund received the green light on Chaitra 5, 2082 (March 18, 2026) to increase its authorized size. This policy shift has effectively cleared the backlog, allowing the management to resume depositing units into the Beneficial Owner (Demat) accounts of its thousands of unitholders.

Tentatively from late July 2025, unitholders had been purchasing units without seeing them reflected in their MeroShare accounts. This delay caused significant dissatisfaction among investors who expected timely delivery of their units after payment.

Unitholders who were awaiting their units can now verify the updates via the MeroShare portal or through their respective Demat accounts. The fund management has expressed its gratitude for the patience of its investors and apologized for the technical delay during the size-upgrade process.