Garima Suwarna Yojana Units Application Opens from Falgun 28
23rd February 2026, Kathmandu
The investment landscape in Nepal is set to expand with the official announcement of the Garima Suwarna Yojana unit issuance. Starting on March 11, 2026 (Falgun 28, 2082), Garima Capital Limited will open the public subscription for its newest mutual fund scheme. This closed-end mutual fund, operated under the Garima Mutual Fund umbrella, aims to provide a structured and professionally managed investment vehicle for those looking to navigate the complexities of the Nepal Stock Exchange (NEPSE). As the financial market evolves, the introduction of such schemes is vital for channeling idle savings into productive sectors of the economy, offering a balanced approach to risk and return for a wide range of investors from rural savers to urban institutional players.
Garima Suwarna Yojana
The total size of the Garima Suwarna Yojana issuance is set at 100 million units, with a face value of 10 rupees per unit. To ensure a solid foundation and demonstrate promoter confidence, a significant portion of the fund has been reserved as seed capital. Specifically, 6 million units are allocated to the fund manager, Garima Capital Limited, while 9 million units are reserved for the fund promoter, Garima Bikas Bank Limited. This means that 15 percent of the total fund is backed by the institutions themselves, providing a level of security and alignment of interests with the general public. The remaining 35 million units are available for public subscription, creating a substantial opportunity for retail investors to gain diversified market exposure without the need to directly pick individual stocks.
Applying for Garima Suwarna Yojana units has been made highly accessible through the integrated C-ASBA system. Retail investors can apply for a minimum of 100 units, which requires an investment of only 1,000 rupees. This low entry barrier is a key feature of mutual funds in Nepal, designed to promote financial inclusion. For larger investors, the maximum application limit is set at 5 million units. The application window is scheduled to open on Falgun 28 and is expected to close at the earliest on March 15 (Chaitra 2, 2082). If the units are not fully subscribed by then, the deadline may be extended until March 25 (Chaitra 12, 2082). Investors can conveniently apply through the Mero Share online platform or by visiting their respective bank branches that are members of the C-ASBA network.
The strategic advantage of investing in a scheme like Garima Suwarna Yojana lies in its professional management. Many individual investors in Nepal lack the time or the technical expertise to analyze the financial statements of over 200 listed companies. By purchasing these units, they are essentially hiring the team at Garima Capital to do the work for them. The fund manager will use the collected 1 billion rupees to build a diversified portfolio consisting of blue-chip equities, corporate debentures, government bonds, and fixed-income instruments. This diversification is crucial because it reduces the impact of a decline in any single sector, such as a downturn in hydropower or banking, by balancing it with gains in other areas of the market.
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Regulatory oversight provided by the Securities Board of Nepal (SEBON) ensures that the fund operates within strict guidelines. The fund manager is required to publish monthly and weekly Net Asset Value (NAV) reports, allowing investors to track the real-time performance of their investment. Furthermore, as a closed-end fund, Garima Suwarna Yojana units will be listed on the Nepal Stock Exchange once the allotment process is complete. This provides liquidity to investors, as they can sell their units in the secondary market if they need to access their capital before the fund’s maturity period. The transparency provided by these regular disclosures helps in building trust within the capital market and encourages more people to move their savings from traditional bank deposits into market-linked instruments.
The launch of this scheme also carries significant weight for the overall maturity of Nepal’s financial ecosystem. Mutual funds act as institutional investors, providing stability to the stock market by making data-driven decisions rather than reacting to rumors. As Garima Suwarna Yojana begins its deployment of capital, it will contribute to increased liquidity on the NEPSE floor. For long-term investors, such funds are an ideal way to build wealth, especially when the fund manager opts to distribute cash dividends from the realized profits. The expertise of Garima Bikas Bank as a promoter adds an extra layer of institutional reliability, given their long history of successful operations in the development banking sector of Nepal.
In conclusion, the issuance of Garima Suwarna Yojana units starting on Falgun 28 represents a prime opportunity for investors to participate in a professionally managed investment product. With a clear allocation structure, a low minimum investment requirement, and the convenience of C-ASBA applications, the scheme is well-positioned to see healthy subscription levels. As the units move toward listing on the secondary market, they will offer a unique blend of diversification and liquidity. Investors are encouraged to read the offer document carefully and consider how this mutual fund fits into their broader financial strategy for the year 2026 and beyond. By participating in this issuance, retail savers can take a confident step toward professionalized wealth management in the vibrant Nepali capital market.
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