NIC Asia Equity Linked Investment Scheme NAV Today: Latest Daily Data

NIC Asia Equity Linked Investment Scheme (NICAES) is a open-end mutual fund scheme in Nepal managed by NIC Asia Capital. Its latest net asset value (NAV) stands at Rs 9.87 per unit. Here is everything the numbers say about it today.

Key facts at a glance

What is NICAES?

NIC Asia Equity Linked Investment Scheme is one of the 58 mutual fund schemes tracked across Nepal's capital market, and one of several managed by NIC Asia Capital. As an open-end fund it issues and redeems units on demand at NAV, so there is no premium or discount and no fixed maturity - you transact directly with the fund house at the published NAV. The fund was seeded with a paid-up size of Rs 74.88 crore.

NICAES NAV and market price today

The most recent NAV for NICAES is Rs 9.87 per unit. NAV is the per-unit book value of the fund - the total value of everything it owns, minus what it owes, divided by units outstanding - and each AMC publishes it in its monthly report. Because this is an open-end scheme, units are bought and redeemed at NAV itself, so there is no separate market price to watch.

Dividends and expected yield

The scheme has an expected distributable dividend of about 0.00%. Distributable dividend is the share of realised gains and income a scheme can legally pay out to unit-holders. The average expected yield across schemes that disclose one is about 7.81%, placing NICAES below the pack.

Portfolio allocation and holdings

By the latest disclosure the fund holds roughly 92.2% in listed equity (the capital market); 6.1% in cash and equivalents spread across 56 individual stock holdings. The equity slice is what drives most of the return - and most of the risk - so the split between shares, debt and cash tells you how aggressive the scheme is.

How to buy NICAES

1. Complete your demat and KYC with a depository participant.
2. Apply directly to NIC Asia Capital for units of NICAES at the published NAV, through their office or authorised collection points.
3. To exit, submit a redemption request; the fund buys your units back at the prevailing NAV.

Is NICAES a good buy right now?

None of this is a recommendation - use the figures to inform your own decision, and always confirm the latest disclosure.

Where this sits in Nepal's fund market

Nepal's mutual fund industry has grown to 58 schemes run by 19 licensed fund houses, split between 44 closed-end funds that trade on NEPSE and 14 open-end funds bought and sold at NAV. For ordinary savers, a mutual fund is the simplest way into the share market: a professional manager pools money from thousands of investors and spreads it across dozens of listed companies, so you get diversification and expertise without picking stocks yourself. Across the closed-end schemes the average unit currently trades at -4.46% to NAV, and 29 of them sit at a discount - a reminder that even inside one asset class the numbers vary widely, which is exactly why comparing the underlying data matters.

The key terms, explained

If you are new to Nepali mutual funds, these are the words that do most of the work in this article:

• NAV (net asset value): the per-unit book value of a fund - the total worth of everything it owns minus what it owes, divided by units outstanding. Each fund house publishes it in a monthly report.
• LTP (last traded price): the price a listed, closed-end scheme last changed hands at on the Nepal Stock Exchange (NEPSE).
• Premium / discount to NAV: the gap between market price and NAV. Trading below NAV is a discount (you buy assets for less than book value); trading above is a premium.
• Distributable dividend: the share of realised gains and income a scheme is legally allowed to pay out to unit-holders.
• Closed-end vs open-end: a closed-end fund raises a fixed pool, lists on NEPSE and matures on a set date; an open-end fund issues and redeems units on demand at NAV, with no maturity.
• AUM / paid-up size: how much money the scheme manages - a rough gauge of its scale and liquidity, quoted in crore and arba (1 arba = 100 crore = Rs 1 billion).

Risks worth keeping in mind

Mutual funds are diversified, but they are not risk-free. A few things to weigh before you invest:

• Market risk: most Nepali schemes are equity-heavy, so their NAV rises and falls with NEPSE. A weak market drags the whole fund down.
• Concentration: funds from the same house often hold many of the same stocks, so owning several may diversify you less than it appears.
• Redemption at NAV: you exit at the prevailing NAV, which may be lower than when you bought - there is no market premium to cushion a fall.
• Data lag: NAV is disclosed periodically, so the figure you see may trail the fund's real-time value between reports.

How to start investing in Nepali mutual funds

Getting started is more straightforward than most first-time investors expect. The practical path looks like this:

1. Open a demat account and BOID through any depository participant (a bank or broker), then register on MeroShare - this is your gateway to holding and applying for securities online.
2. Link a bank account for ASBA/C-ASBA so you can apply for new fund offerings and debenture issues directly from your bank.
3. Decide your style: buy a listed closed-end scheme any trading day on NEPSE through your broker's TMS, apply for an open-end scheme at NAV, or subscribe to a systematic plan (SIP) that invests a fixed amount every month.
4. Mind the costs and tax: factor in brokerage, and remember that dividends and capital gains are taxable in Nepal - check the current rates before you invest.

A mutual fund suits investors who want exposure to the share market without the time or expertise to pick individual stocks. Start with an amount you can leave invested, compare a handful of schemes on the numbers, and review your holdings each time the AMCs publish fresh monthly reports.

The bottom line

For NIC Asia Equity Linked Investment Scheme, the numbers that matter today are its NAV of Rs 9.87. Track how it moves against every other Nepali scheme on Nepal's Capitals.

Disclaimer. This article is informational and is not investment advice or a recommendation to buy or sell any security. Every figure is sourced from primary AMC disclosures and SEBON filings and is recomputed each trading day. Confirm the latest numbers before acting.