Citizens Super 50 Mutual Fund Scheme to Open Subscription from Mangsir 2 with NPR 1,000 Minimum Investment

28th October 2026, Kathmandu

Citizens Mutual Fund has announced that the unit issuance for its closed-end mutual fund scheme, “Citizens Super 50,” will open for public subscription starting Mangsir 2, 2083, targeting a total fund collection of NPR 850 million.

Citizens Super 50 Subscription Opens 

Scheme Structure, Unit Allocation, and Issue Details

The closed-end mutual fund scheme is floating its units at par value to collect investment capital from individual and institutional investors.

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• Scheme Type and Target Fund Size: Citizens Super 50 is a closed-end mutual fund scheme aiming to collect NPR 850 million through the issuance of 100 million units at a face value of NPR 10 per unit.
• Fund Promoter Reservation: Out of the total issuance, 15 percent or 15 million units (valued at NPR 150 million) are reserved for the fund promoter, Citizens Bank International Limited.
• Public Issue Allocation: The remaining 85 percent, comprising 85 million units (valued at NPR 850 million), will be offered for subscription to the general public.
• Application Thresholds: Investors can apply for a minimum of 100 units (requiring a minimum investment of NPR 1,000) up to a maximum limit of 10 million units.
• Issue Manager and Depository: Citizens Capital Limited will act as the scheme manager and depository for the mutual fund issue.

Subscription Timelines and Closure Schedules

The issue notice outlines both early and extended closing dates based on subscription collection levels.

• Opening Date: Unit sales for the scheme will officially open on Mangsir 2, 2083.
• Early Closing Date: The early subscription deadline is set for Mangsir 7, 2083.
• Extended Closing Date: In the event of full subscription not being achieved within the early period, the issue window will remain open until Mangsir 16, 2083.

For More: Citizens Super 50 Subscription Opens