The public issue for Machhapuchchhre Capital Limited's new mutual fund scheme, "Machhapuchchhre SIP Yojana," closes today, 17th Mangsir, 2082 (December 2, 2025). The open-ended fund has seen substantial investor interest during its subscription period.

Issue Structure and Allocation:

• Total Units: 5 crore unit shares.
• Pre-Allocation:
  • Scheme Manager (Machhapuchchhre Bank Ltd.): 70 lakh units (14%) worth Rs. 7 crore.
  • Fund Sponsor (Machhapuchchhre Capital Ltd.): 5 lakh units (1%) worth Rs. 50 lakh.
• Public & Institutional Portion: 1.25 crore units worth Rs. 12.50 crore.

Subscription Data:
According to the Central Depository System and Clearing Ltd. (CDSC), the issue has been oversubscribed based on the public portion:

• Applications Received: 40,874
• Units Applied For: 2,47,72,470 units (worth approx. Rs. 24.77 crore)
• Subscription Status: The public portion appears to be oversubscribed by nearly 2 times (applied amount ~Rs. 24.77 crore vs. issue size of Rs. 12.50 crore).

Scheme Details:

• Type: Open-ended mutual fund scheme.
• Investment Range: Applicants could apply for a minimum of 100 units to a maximum of 20,00,000 units.

Implications:
The strong oversubscription reflects healthy retail and institutional investor appetite for new mutual fund products in Nepal, particularly those launched by established financial groups like the Machhapuchchhre conglomerate. The success of this issue is likely to encourage further capital market activity and the launch of new financial products in the region.

Next Steps:
Following the closure, the scheme will be formally launched, and units will be allotted to successful applicants. The fund will begin its investment operations as per its stated objective, with the SIP (Systematic Investment Plan) feature likely aimed at encouraging regular, disciplined investing from the public.