SEBON Proposes Major Mutual Fund Reforms: Foreign Investments, ETFs and Real Estate Funds on the Horizon
The Securities Board of Nepal (SEBON) has unveiled a draft Collective Investment Fund Policy, 2083, proposing major reforms to Nepal’s mutual fund industry. The draft aims to open avenues for foreign securities investments, exchange-traded funds (ETFs), real estate and infrastructure funds, and expand systematic investment plans (SIPs), while strengthening transparency, governance and investor protection.
Nepal’s mutual fund industry could be heading toward a major transformation as the Securities Board of Nepal (SEBON) has introduced a draft policy aimed at expanding investment opportunities beyond the traditional stock market. The proposed Collective Investment Fund Policy, 2083, seeks to diversify investment products, modernize fund management practices and strengthen investor protection through improved regulation, transparency and governance. The draft policy has been prepared in line with the Capital Market Strengthening and Revitalization Action Plan issued by the Ministry of Finance on Bhadra 29, 2083. SEBON has published the document for public consultation and invited feedback and suggestions from stakeholders by Kartik 15. The proposed framework aims to bring the establishment, operation, regulation and supervision of collective investment funds under a more integrated system.