From First to Foremost: NIBL Sahabhagita Fund (NIBLSF) Reaches Milestone NPR 10 billion Size and Credits Pending Units
Summary
NIBL Sahabhagita Fund, Nepal's first open-ended mutual fund, has expanded its size to NPR 10 billion, resolving delays in crediting units to investors' accounts.
Key Points
- NIBL Sahabhagita Fund has become the largest open-ended mutual fund scheme in Nepal with a size of NPR 10 billion.
- The expansion was approved by the Securities Board of Nepal (SEBON) following a directive on seed capital regulations.
- The fund had paused unit deposits due to seed capital constraints and backlog in crediting units to investors' Demat accounts.
- Investors can now verify their units via the MeroShare portal or Demat accounts after delays from July 2025 were resolved.