NIC Asia Equity Opportunity Fund Crosses NPR 800M: Last Chance to Apply Until Ashwin 13

29th September 2026, Kathmandu

NIC Asia Capital’s 10-year closed-end scheme, ‘NIC Asia Equity Opportunity Fund’, has been oversubscribed within just 3 working days, receiving over NPR 800 million in applications. As the fund size expands up to NPR 1 billion, interested investors can apply for a minimum of 100 units via Mero Share or C-ASBA member banks until banking hours on Ashwin 13.

NIC Asia Equity Opportunity Fund Oversubscribed in 3 Days: Fund Size Scalable to NPR 1 Billion

Investor enthusiasm in the Nepalese capital market reaches a new high as the public issue of NIC Asia Equity Opportunity Fund was fully oversubscribed within just three working days of opening. Managed by NIC Asia Capital Limited, the scheme has received an overwhelming response from both individual retail investors and institutional entities.

With initial subscriptions crossing the NPR 800 million mark, the capital manager is expanding the fund size to NPR 1 billion to accommodate the surge in applications.

Here is a complete breakdown of the fund details, allotment structure, and how you can apply before the issue closes.

High Demand Triggers Fund Expansion to NPR 1 Billion

The public issue for the 10-year closed-end mutual fund scheme opened on Ashwin 7. Out of the initial total issue of 80 million units (valued at NPR 800 million at a face value of NPR 10 per unit):

• 15% (12 million units / NPR 120 million) was reserved for the fund promoter, NIC Asia Bank Limited.

• 68 million units (NPR 680 million) were allocated for general public and institutional subscription.

By 5:00 PM on Ashwin 12, total applications surpassed NPR 800 million. As per the provision in the approved prospectus, the manager can scale the total fund size up to NPR 1 billion (100 million units) in case of oversubscription.

Due to this expansion, investors who have not yet applied still have an opportunity to participate until banking hours on Wednesday, Ashwin 13.

Key Highlights of NIC Asia Equity Opportunity Fund

Investment Strategy: Where Will the Capital Be Allocated?

The NIC Asia Equity Opportunity Fund is the sixth closed-end scheme managed by NIC Asia Capital. Over its 10-year period, the fund manager will deploy the collected capital using rigorous fundamental research and market evaluation.

Primary investment areas include:

NEPSE-Listed Equities: Strategic entry into fundamental growth stocks listed on the Nepal Stock Exchange.

High-Yield & Dividend-Paying Companies: Companies demonstrating strong balance sheets, sustainable cash flows, and long-term dividend potential.

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Diversified Portfolio Management: Risk mitigation through asset allocation across growth equities, fixed-income instruments, and money market options.

Eligibility & Application Limits

The issue is open to a wide range of investors, including:

• Individual Nepali Citizens

• Non-Resident Nepalis (NRNs)

• Proprietorship Firms, Companies, and Corporate Bodies

• Banks, Financial Institutions, and Insurance Companies

• Trust Funds, Mutual Funds, and Welfare Organizations

Subscription Limits

Minimum: 100 units (NPR 1,000)

Maximum: 10,000,000 units (NPR 100,000,000)

How to Apply Before the Deadline

Investors can submit their applications electronically or in person before banking hours end on Ashwin 13:

Online via Mero Share: Log in to your Mero Share Portal, navigate to the ‘My ASBA’ section, select NIC Asia Equity Opportunity Fund, enter your desired number of units and CRN number, and submit.

C-ASBA Member Banks: Visit any branch office of your C-ASBA registered bank or financial institution across Nepal and submit a physical ASBA application form.

Final Takeaway

The quick oversubscription of the NIC Asia Equity Opportunity Fund highlights strong investor trust in professional fund management and institutional equity management in Nepal. With the expanded upper limit of NPR 1 billion, interested investors should submit their applications via Mero Share before the deadline on Ashwin 13.

For more: NIC Asia Equity Opportunity Fund