Reliable Capital Announces Deadline Extension For Reliable Samriddhi Yojana 2
15th May 2026, Kathmandu
Reliable Capital Investment and Merchant Limited has officially extended the application deadline for its latest mutual fund offering, the Reliable Samriddhi Yojana 2. The public issuance and sale of this scheme initially commenced on Baishakh 29, attracting interest from various segments of the investing public.
Reliable Samriddhi Mutual Fund
To provide a longer window for retail investors and institutions to participate, the fund manager has decided to move the final date for applications. This extension allows interested individuals more time to analyze the fund structure and complete their financial arrangements before the new cutoff date.
New Timeline For Interested Investors
According to the updated notice issued by the company, investors can now submit their applications for the mutual fund units until Jestha 12. This adjustment offers a significant extension for those who may have missed the initial subscription window. However, Reliable Capital has also clarified that the issue will not necessarily remain open until the absolute final date if demand is exceptionally high. In the event that the total volume of applications exceeds the number of offered units before the deadline, the management reserves the right to close the issue early after providing a prior public notice.
Understanding The Reliable Samriddhi Yojana 2 Structure
The Reliable Samriddhi Yojana 2 operates as a prominent investment vehicle under the umbrella of Reliable Mutual Fund. This particular financial product is designed as a ten year closed end mutual fund scheme, meaning that the capital will be locked and managed for a fixed decade long duration before maturity. The total size of the fund consists of 10 crore units. To ensure a solid foundation, a specific portion of these units has been structured and reserved for institutional backing before opening the remainder to individual market participants.
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Allocation Breakdowns For Promoters and Public
Out of the total 10 crore units being issued under the scheme, a combined 15 percent, which equals 1.5 crore units, has been strictly reserved. Breaking down this institutional allocation, 14 percent, or 1.4 crore units, is allocated directly to the fund promoter, Reliable Nepal Life Insurance Limited. The remaining 1 percent, which amounts to 10 lakh units, is reserved for the designated scheme manager. After accounting for these institutional and promoter shares, a massive block of 8.5 crore units is made available for subscription by the general public, providing ample opportunity for retail investors to buy in.
Investment Limits and Financial Boundaries
To ensure widespread distribution and prevent market manipulation, the fund manager has established clear investment limits for all individual applicants. Investors who wish to participate in the Reliable Samriddhi Yojana 2 can apply for a minimum of 100 units. On the upper end of the spectrum, the maximum allowable investment limit for a single applicant is capped at 1 crore units. This flexible range ensures that small scale savers looking to enter the capital market can participate alongside high net worth individuals and institutional corporate investors.
Credit Ratings and Institutional Strength
Before making an investment decision, many participants look at the underlying risk profiles assigned by professional rating agencies. For this issuance, CARE Ratings Nepal has evaluated the participating institutions. The credit rating agency assigned a CARE NP Single A Minus Issuer Rating to the fund promoter, Reliable Nepal Life Insurance Limited. Additionally, the scheme manager received a CARE NP AMC Quality 4 Plus Rating. These ratings provide an objective overview of the financial stability and operational quality of the organizations handling the public funds.
Step by Step Application Process
The process for purchasing units of this mutual fund has been streamlined through modern digital and physical banking channels. Interested investors can submit their applications through any ASBA approved bank or financial institution authorized by the Securities Board of Nepal. This includes designated branch offices across the country. Alternatively, for those who prefer electronic transactions, applications can be submitted online using the Mero Share platform developed by CDS and Clearing Limited via the standard C ASBA system, making the entire investment experience quick and accessible.
For More: Reliable Samriddhi Mutual Fund
