SEBON Approves Capital Expansion of Laxmi Sunrise Capital’s Shubh Laxmi Kosh to NPR 3 Billion

16th October 2026, Kathmandu

The Securities Board of Nepal (SEBON) has formally granted approval to Laxmi Sunrise Capital Limited to increase the authorized size of its open-ended mutual fund scheme, Shubha Laxmi Kosh, from NPR 1 billion to NPR 3 billion.

Shubha Laxmi Kosh Capital 

Authorized Fund Expansion and SEBON Regulatory Approval

Laxmi Sunrise Capital Limited secured regulatory approval from SEBON on Ashwin 19, 2083 (October 5, 2026), enabling the fund manager to expand participation for new institutional and retail investors.

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• SEBON Approval Date: Laxmi Sunrise Capital received formal regulatory authorization from the Securities Board of Nepal on Ashwin 19, 2083.
• Fund Size Expansion: The authorized size of Shubha Laxmi Kosh has been tripled, expanding from NPR 1 billion to NPR 3 billion.
• Capital Expansion History: The fund previously received approval to double its capital base from NPR 500 million to NPR 1 billion on Kartik 25, 2082 (November 11, 2025).
• Subscription Status: The previously authorized NPR 1 billion limit was nearly fully subscribed and allocated, necessitating the expansion of the fund’s authorized ceiling.
• Scope of Approval: The approval expands the fund’s authorized upper limit to accommodate future capital collection and does not represent immediate collected assets.

Launch of Systematic Withdrawal Plan (SWP) for Fund Unit Holders

In addition to expanding the capital structure, Laxmi Sunrise Capital has introduced a Systematic Withdrawal Plan (SWP) facility for open-ended fund unit holders.

• SWP Service Launch: Shubha Laxmi Kosh unit holders can now utilize a Systematic Withdrawal Plan to execute planned, periodic capital withdrawals from their mutual fund investments.
• Complementary SIP Integration: The SWP feature complements the existing Systematic Investment Plan (SIP) facility, offering structured capital redemption alongside regular investment options.
• Investor Benefits: The feature provides financial flexibility for investors seeking regular cash flows or periodic liquidity management from their mutual fund holdings.
• Detailed Terms Pending: Specific operational guidelines regarding minimum withdrawal thresholds, redemption intervals, fee structures, and exit charges under the SWP will be detailed in subsequent scheme notices.

For More: Shubha Laxmi Kosh Capital