Securities Board of Nepal Prepares New Mutual Fund Policy
Summary
The Securities Board of Nepal has drafted a new Collective Investment Fund Policy, 2083, to expand mutual fund options and strengthen investor protection. The proposal includes ETFs, REITs, infrastructure and green funds, stricter disclosure rules, and more transparent risk and valuation systems.
Key Points
- The Securities Board of Nepal has proposed a new Collective Investment Fund Policy, 2083, to channel public savings into productive sectors through the capital market.
- The draft would expand investment choices to include ETFs, bond and money market funds, infrastructure and green funds, SME funds, and REITs.
- It seeks to improve investor protection through clearer disclosure of risks, fees, benchmark returns, portfolio details, and repurchase conditions.
- The policy also emphasizes digital services, regular NAV publication, stronger liquidity management, and better monitoring of market, credit, operational, concentration, and cyber risks.
