Sanima Equity Fund 2 Public Offering: Details and Guide 2026
27th April 2026, Kathmandu
The collective investment landscape in Nepal is set to expand this Baisakh as Sanima Capital Limited prepares for its latest market entry.
Sanima Equity Fund 2
Under the umbrella of Sanima Mutual Fund, the fund manager has announced the public issuance of Sanima Equity Fund 2. This closed end mutual fund is designed to offer retail and institutional investors a professionally managed gateway into the Nepal Stock Exchange (NEPSE). By pooling resources from the public, the fund aims to build a diversified portfolio of equity and fixed income instruments, targeting long term capital appreciation over its ten year tenure in 2026.
Fund Structure and Unit Issuance Details
Sanima Equity Fund 2 is a closed end scheme with a total corpus of one billion rupees. The fund consists of one hundred million units, each with a fixed face value of ten rupees. As a closed end fund, these units will be listed and traded on the secondary market after the allocation process is complete, providing liquidity to investors who wish to exit before the maturity date.
The unit allocation for the issuance is structured as follows:
Fund Sponsor (Sanima Bank Limited): 13 percent or thirteen million units are reserved for the sponsor bank.
Scheme Manager (Sanima Capital Limited): 2 percent or two million units are allocated to the fund manager.
General Public: The remaining eighty five million units are open for subscription by individual and corporate investors.
Important Application Dates and Limits
Investors interested in participating in this issuance must adhere to the specific timelines set by the issue manager. The public offering is scheduled to open on Baisakh 24, 2083.
Opening Date: Baisakh 24, 2083
Standard Closing Date: Baisakh 29, 2083
Extended Deadline: In the event of under-subscription, the application window may stay open until Jestha 7, 2083.
To ensure wide participation, Sanima Capital has set accessible entry points. The minimum application amount is one hundred units, requiring an investment of just one thousand rupees. For institutional or high net worth investors, the maximum application limit is capped at ten million units.
How to Apply via C-ASBA and Mero Share
In line with the digital transformation of Nepal’s capital markets in 2026, the application process for Sanima Equity Fund 2 is fully integrated with the C-ASBA system. Investors can apply through any bank or financial institution that is a member of the ASBA (Applications Supported by Blocked Amount) network.
For maximum convenience, users are encouraged to utilize the Mero Share portal or mobile application operated by CDS and Clearing Limited. By selecting the “Current Issue” section in Mero Share, investors can submit their bids and have the required funds blocked in their linked bank accounts until the allotment is finalized.
Credit Ratings and Management Quality
The safety and professional standing of a mutual fund are often gauged by the ratings of its parent institutions. For this scheme, two leading rating agencies have provided their assessments:
Sponsor Rating: CARE Ratings Nepal has assigned a “CARE-NP A-” issuer rating to Sanima Bank Limited, indicating an adequate degree of safety regarding timely servicing of financial obligations.
Manager Quality: ICRA Nepal has awarded Sanima Capital Limited an “ICRA NP AMC Quality 3+” rating. This signifies that the asset management company possesses a stable management team and follows satisfactory investment processes.
Strategic Investment Opportunity in 2026
Mutual funds like Sanima Equity Fund 2 are particularly attractive for investors who may not have the time or expertise to manage an individual stock portfolio. In the current market cycle of 2026, where volatility remains a factor, the fund’s ability to diversify across various sectors—such as banking, hydropower, and manufacturing—helps mitigate risk. Additionally, the fund manager’s expertise in selecting undervalued stocks and managing a ten year horizon provides a structured path for wealth creation for the average Nepali saver.
Conclusion
The launch of Sanima Equity Fund 2 marks another milestone for Sanima Capital as it continues to provide innovative financial products to the public. With a clear ten year tenure and a one billion rupee investment target, this scheme offers a balanced opportunity for both new and experienced investors to participate in the growth of the Nepalese economy. Ensure your Mero Share credentials are ready and your bank account is sufficiently funded to take advantage of this public offering starting Baisakh 24.
For More: Sanima Equity Fund 2



