Himalayan Life Insurance Opens Applications for Mutual Fund “HLI Large Cap Fund”

31st August 2025, Kathmandu

The “HLI Large Cap Fund,” a mutual fund promoted by Himalayan Life Insurance, is officially open for applications starting from August 31 (Bhadra 15).

HLI Large Cap Fund

This initiative marks a significant step for Himalayan Life Insurance, which aims to provide investors with a secure and professionally managed avenue for large-cap investments. By launching this fund, the company is diversifying its financial product offerings and strengthening its role in Nepal’s growing financial market.

Structure and Allocation of the Fund

According to Himalayan Investment Banker, the scheme manager for this mutual fund, the total size of the issue is a substantial 40 crore units (400 million units). The fund has been structured with a balanced allocation to ensure both promoter commitment and wide public participation.

The total units are divided equally:

• 20 crore units (200 million units) have been allocated for general investors and various institutions.
• The remaining 20 crore units (200 million units) have been reserved for the fund promoter, Himalayan Life Insurance.

This 50/50 split is a key feature of the fund’s structure. The reservation of half the units for Himalayan Life Insurance demonstrates strong promoter backing and a long-term financial commitment to the fund’s success. This can significantly boost investor confidence, as it signals that the promoter has a direct stake in the fund’s performance. At the same time, the generous allocation to the general public ensures inclusivity and provides a broad base for investment.

Application Details and Accessibility

The application period for the “HLI Large Cap Fund” is clearly defined to provide investors with a transparent timeline. The initial application window is from August 31 to September 3. This period is a standard duration for such public issues. However, if the entire public issue of 20 crore units is not fully subscribed within this initial period, the application window will be extended until September 14. This flexibility is a critical feature that ensures the fund reaches a wider audience and is fully subscribed.

The application limits are designed to be inclusive, accommodating a wide range of investors, from small-scale savers to large institutions. The minimum application is set at just 100 units, which makes it highly accessible for retail investors who wish to start their investment journey with a small capital. On the other end of the spectrum, the maximum application limit is 4 crore units, which allows large institutional investors or high-net-worth individuals to participate significantly.

Convenient Application Process

For the convenience of potential investors, the application process has been streamlined through both traditional and modern banking channels. Interested applicants can submit their investment applications through two main channels:

Banking Network: Applications can be submitted via any member bank or financial institution that is part of the Centralized Application Supported by Blocked Amount (C-ASBA) system. This provides a familiar and secure method for investors who prefer to apply through their bank.

Online Platform: Investors can also apply conveniently through MeroShare, the widely used digital portal for securities-related applications in Nepal. This is a popular option for digitally savvy investors who prefer to handle their applications from the comfort of their homes or offices, making the process faster and more efficient.

This dual-channel approach ensures that the fund is accessible to all types of investors, regardless of their familiarity with digital banking.

Why a Large-Cap Fund Matters for Investors

The launch of the “HLI Large Cap Fund” is particularly significant for Nepalese investors who are looking for stable and long-term growth opportunities. Large-cap funds typically invest in companies that are well-established, financially strong, and have a proven history of performance and resilience in the market. For investors, this translates into a potentially lower risk compared to small-cap or mid-cap investments, which are often more volatile.

By opting for this fund, investors can benefit from a professionally managed portfolio that is diversified across multiple sectors and companies. This is particularly valuable for small investors who may not have the expertise or capital to build such a diversified portfolio on their own. The fund provides a passive investment opportunity, where experts from Himalayan Investment Banker will manage the investments on behalf of the unit holders.

Impact on Investor Confidence and Market Development

The introduction of this fund, with its strong promoter backing and professionally managed structure, is expected to have a positive impact on both investor confidence and the overall market. The substantial investment by Himalayan Life Insurance signals a strong belief in the fund’s potential and its long-term viability, which can reassure potential public investors.

For the Nepalese capital market, the “HLI Large Cap Fund” contributes to the ongoing diversification and deepening of the securities market. The introduction of new mutual fund schemes expands the options available for investors, encouraging broader financial participation and helping to mobilize capital for economic development. This move by Himalayan Life Insurance reinforces its reputation as a forward-thinking financial services provider and a key player in the development of Nepal’s financial sector.

Conclusion

The opening of applications for the “HLI Large Cap Fund” is an exciting opportunity for investors in Nepal. With a total size of 40 crore units and a balanced allocation between the promoter and the public, the fund offers a secure and transparent investment vehicle. The convenient application process, through both C-ASBA member banks and the MeroShare online platform, ensures accessibility for all. By launching this large-cap focused fund, Himalayan Life Insurance has not only expanded its own portfolio of financial products but has also provided a valuable opportunity for investors seeking a stable and professionally managed investment option. This move is a testament to the growth and maturity of Nepal’s mutual fund industry and its potential to contribute to the nation’s economic progress.

For More: HLI Large Cap Fund