Reliable Capital Limited has unveiled its first-ever mutual fund, the “Reliable Samriddhi Yojana,” a closed-end scheme now open for subscription from Baishakh 3 to 7, 2082, with an extension option until Baishakh 17 if undersubscribed. Here’s a simplified guide to the fund’s structure, allocation, and application process.
Key Highlights of the Fund
- Type: Closed-end mutual fund (units locked until maturity).
- Total Units: 10 crore units at Rs. 10 face value each.
- Public Allocation: 8.5 crore units (85%) worth Rs. 85 crore.
- Sponsor & Manager Allocation:
- Reliable Nepal Life Insurance (Sponsor): 1.4 crore units (14%).
- Reliable Capital (Manager): 10 lakh units (1%).
- Investment Range: Apply for 100 to 1 crore units.
Critical Dates & Deadlines
Unit Allocation Breakdown
How to Apply?
- Application Methods:
- C-ASBA: Via ASBA-affiliated banks/financial institutions.
- Online: Use the Mero Share platform.
- Documents Required:
- Prospectus (download from SEBON or Reliable Capital’s website).
- Application forms from designated offices (see notice for addresses).
Why Invest in Samriddhi Yojana?
- First-Time Fund: Managed by Reliable Capital, a trusted merchant banker in Nepal.
- Clear Allocation: 85% of units reserved for public participation.
- Flexible Investment: Start with just 100 units (Rs. 1,000).
Risks & Precautions
Investors are advised to read the prospectus carefully, assess market risks, and consult financial advisors before applying. Past performance is not indicative of future returns.
Important Contacts
- Reliable Capital: www.reliablecapital.com.np | Phone: 01-5919410
- Sanima Capital (Issue Manager): www.sanima.capital | Phone: 01-4540508
Notice of Reliable Samriddhi Yojana Mutual Fund Launch
