NIC ASIA Equity Linked Investment Scheme (ELIS)

Click Here to Apply For NIC ASIA EQUITY LINKED INVESTMENT SCHEME (ELIS)

Introducing Equity Linked Investment Scheme

ELIS is an open-ended mutual fund designed to help investors participate in the long-term growth potential of equity markets. Managed by a team of experienced professionals, the fund offers diversified exposure to listed equities, with complete flexibility and liquidity. Whether you're a first-time investor or looking to expand your portfolio, ELIS offers a smart, simple, diversified and accessible path to building wealth.

Scheme Details

Scheme Type

• Open Ended Fund

Issue Size

• NPR. 1 billion

Entry Load

• None

Exit Load

• Up to 6 months – 1.50%
• 6–12 Months – 1.25%
• 12–18 Months – 1%
• 18–24 Months – 0.75%
• Above 24 Months – None (0%)

Listing of Units

• The units shall not be listed at the Nepal Stock Exchange (NEPSE) and the units shall be purchased/redeemed through the Fund Manager and the authorized Distribution Outlets

Minimum Units to be Purchased

• 100 (One Hundred)

The features of NIC ASIA Equity Linked Scheme are

Systematic Investment Plan (SIP)

An investor can use a Systematic Investment Plan (SIP) to invest a fixed amount regularly into a mutual fund scheme. The NIC ASIA Equity Linked Investment Scheme’s SIP allows investors to build wealth gradually by contributing smaller amounts consistently, harnessing the power of compounding over the long term.

SIP Booster

The NIC ASIA Equity Linked Scheme also offers a SIP Booster option. SIP Booster allows investors to purchase additional units beyond their regular SIP contributions. This feature enables investors to increase their investment – especially during market dips, enhancing the potential for long-term wealth creation through compounding.

Investors can opt for the SIP Booster option while enrolling in the SIP plan or by updating their investment preferences through the designated application or service portal.

Systematic Withdrawal Plan (SWP)

Bank fixed deposits are a common choice for regular income, but with interest rates constantly changing, future returns are uncertain. The SWP feature in mutual funds offers a better alternative. It allows investors to withdraw a fixed amount, monthly or quarterly, directly into their bank account.

In NIC ASIA Equity Linked Fund, SWP can continue as long as there are at least 100 units or NPR 1,000 in the account. The feature isn’t live yet, but it’s coming soon.

Systematic Transfer Plan (STP)

The Systematic Transfer Plan (STP) is a convenient feature of ELIS that allows investors to transfer a fixed amount or units from ELIS to the NIC ASIA Debt Development Fund (NADDF) at regular intervals. This helps in managing risk by shifting investments between equity and debt based on market conditions or personal goals. Investors can also transfer funds back from NADDF to ELIS using the STP, providing flexibility to rebalance their portfolio without the need for lump-sum transactions.

Salary VANTAGE

Salary VANTAGE is a customized solution designed for organizations that want to enroll their employees in an SIP plan. It functions just like a regular SIP, but is structured specifically for salaried groups.

Dividend Options

• Cash Dividend Option

A Dividend Option is one in which yearly dividends are allocated to unit holders.

• Growth Option

A Growth Option is one in which an investor instructs the Fund Manager to reinvest the yearly dividends given by ELIS back into ELIS through the acquisition of new units. The dividend re-investment is done after taxes have been deducted from the dividend amount.

Mini SIP

Mini SIP allows investors to start investing with small amounts—starting from just NPR 500 per month. It’s designed to make mutual fund investing accessible and affordable for everyone, encouraging disciplined wealth creation over time

Why NIC ASIA Equity Linked Investment’s Systematic Investment Plan (SIP)?
A Systematic Investment Plan (SIP) is a smart way to build wealth. It doesn’t require a large upfront amount, just small monthly contributions. And the best part? You don’t need to time the market.

SIP spreads your investment over time, helping you buy more units when prices are low and fewer when they’re high. This smooths out market ups and downs.

While experts say it’s best to buy during market dips and sell at highs, most investors struggle to follow that. SIP helps avoid the common mistake of investing more at market peaks and less during corrections.

The Benefits of Investing in NIC ASIA Equity Linked Investment Scheme’s Systematic Investment Plan

Discipline:

SIP helps you develop a habit of disciplined investing by allowing you to invest regularly over time. Instead of putting aside a large sum all at once, you contribute a smaller amount on a monthly or quarterly basis. This approach makes it easier to manage your finances while steadily working toward your long-term financial goals. Regular investing also reduces the pressure of timing the market and helps build wealth gradually and consistently.

Power Of Compounding:

Compounding happens when the returns on your investments start earning returns themselves.

To illustrate, consider two people: Person A starts investing Rs 1 every month at age 30, while Person B starts investing the same amount annually but at age 35. By the time they both reach 60, Person A will have accumulated Rs 3,494 while Person B will have Rs 1,878. This example assumes a compounded annual return of 12%.

The difference shows how starting early can make a huge impact thanks to the power of compounding.

Rupee Cost Averaging

When you start a SIP, a fixed amount is invested in your mutual fund every month. Based on the amount invested and the fund’s current net asset value (NAV), you receive units in the scheme. When the NAV is high, you get fewer units, and when the NAV is low, you receive more units.

Convenience

Another advantage of investing through SIP is its simplicity. If an investor has limited time, they don’t need to actively manage deposits or investments. All they have to do is authorize their bank for auto-debits. This way, payments happen automatically without any need for manual intervention, making the process hassle-free.

Redeeming the Units & Associated Costs

ELIS units can be bought and redeemed at the branches of NIC ASIA Bank Limited and NIC ASIA Capital Limited (Distribution Outlets). While online purchases will also be available, both buying and redeeming will be based on the daily applicable NAV.

The purchase cost includes a DP charge of Rs 25. Any DP charges, exit load (if applicable), and capital gains tax (if applicable) will be deducted from the redemption amount.