Laxmi Sunrise Capital Limited Extends Subscription Deadline for LS Horizon 12 Mutual Fund

19th May 2026, Kathmandu

Laxmi Sunrise Capital Limited has officially announced a formal extension of the subscription period for its newly launched collective investment scheme, the LS Horizon 12 Mutual Fund. The public issuance window initially opened for widespread investor participation on Baisakh 30, 2083 on the traditional calendar, drawing interest from retail and institutional capital pools.

LS Horizon 12

According to an administrative disclosure published by the fund management company, the choice to alter the collection timeline was taken after receiving lower than expected application volumes during the opening week, prompting the corporate board to allow extra time for capital accumulation.

Revised Capital Collection Deadlines and Early Closure Provisions

Under the original deployment schedule, the primary issue closing date was fixed for Jestha 4, 2083. Due to insufficient subscription numbers recorded at the bank collection counters during that initial timeframe, the revised deadline has now been officially pushed back to Jestha 13, 2083. The fund sponsor clarified that this extended window gives interested investors an upgraded opportunity to analyze the market and complete their profiles. Furthermore, Laxmi Sunrise Capital Limited stated that if the total required application volume is successfully achieved before the new deadline, the issuance can be closed earlier at any time without further warning.

Comprehensive Structural Overview of the LS Horizon 12 Fund

The new financial product is being rolled out under the stable administrative framework of the Laxmi Sunrise Mutual Fund, featuring a meticulously planned capital layout designed to match contemporary market conditions. The total volume of the issue aggregates to 12 crore individual unit certificates. Each investment unit carries a standard nominal face value fixed at NPR 10 per share. To ensure strong institutional backing and align corporate interests with retail participants, a dedicated allocation block of 1.8 crore units has been permanently reserved for the primary fund sponsor, Laxmi Sunrise Bank Limited.

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Substantial Allocation Reservoir Retained for General Public Investors

Following the deduction of the mandatory corporate sponsor quota, the remaining portion of the issue has been transformed into a massive public pool. A total of 10.2 crore units are currently up for grabs, available entirely for general retail investors, non resident workers, and domestic corporate funds looking to expand their investment portfolios. This large allocation pool ensures that individual citizens can actively participate in structured wealth building, leveraging the expert research tools and professional stock picking capabilities of the institutional asset management team.

Investment Threshold Limits and Application Volume Guidelines

To maintain an open and fair playing field for all classes of financial participants, the fund managers have put in place flexible minimum and maximum application boundaries. Individual retail investors can step into the fund with a highly accessible minimum application size of just 100 units, requiring a basic cash layout of NPR 1,000. On the upper end of the spectrum, high net worth individuals and massive institutional investment funds are permitted to apply for up to a maximum cap of 1.2 crore units, preventing single market players from monopolizing the long term equity pool.

Strategic Long Term Asset Mobilization and Scheme Mechanics

LS Horizon 12 is structured as a 12 year closed ended mutual fund scheme, meaning that the collected pool of capital will remain locked under professional management for over a decade before final maturity and liquidation. This long duration framework allows the fund managers to bypass short term market volatility and execute patient, high yield growth strategies. The accumulated public capital will be systematically diversified across a wide basket of financial instruments, including primary and secondary stock listings, high grade corporate debentures, government bonds, and secure fixed income banking deposits.

Accessing Application Channels and Final Investor Participation Advisory

Laxmi Sunrise Capital Limited is actively encouraging interested investors to submit their applications within the newly established timeframe. Investors can drop their applications digitally through the Mero Share mobile application and web portal, or by visiting licensed Application Supported by Blocked Amount bank branches across the country. Because the management maintains full corporate authority to shut down the collection window the moment the 12 crore target unit threshold is reached, potential subscribers are advised to finalize their transactions well before the final Jestha 13 deadline to avoid missing out on this long term asset issuance.

For More: LS Horizon 12