Best SIP in Nepal 2026: All 14 Funds Compared

Last updated: 29 October 2026. Fund figures were collected on 29 October 2026 (each fund's latest NAV was dated 12–26 October 2026). They change every day.

If you're asking "which SIP is best in Nepal?", here is the honest short answer: there is no single best SIP. There are 14 open-ended mutual funds in Nepal that accept monthly SIP investments right now, and the right one depends on how long you can leave the money alone and how much you'll pay in fees each year.

This guide puts all 14 side by side in one table: fund size, return since launch, yearly fee and which bank group runs each one. It then explains how to read those numbers without getting fooled, which fund suits a 3-year, 5-year or 10-year goal, and how to start.

This is general information, not financial advice. Mutual fund returns aren't guaranteed. Read a scheme's official documents, or talk to a licensed advisor, before you invest.

Quick answer

• Biggest and oldest: NIBL Sahabhagita Fund (NIMB Ace Capital). About Rs 1,163 crore in assets, roughly 7 years of history and the lowest yearly fee on the list (1.61%). It was Nepal's first open-ended fund.
• Other well-established equity funds (4–5+ years): NMB Saral Bachat Fund-E, Siddhartha Systematic Investment Scheme, Nabil Flexi Cap Fund, Kumari Sunaulo Lagani Yojana and Shubha Laxmi Kosh.
• Only debt-oriented option: NIC Asia Dynamic Debt Fund. Lower risk, suited to shorter goals.
• Only balanced option: Garima Subarna Yojana (Garima Capital, sponsored by Garima Bikas Bank), which mixes shares and fixed income. It's the newest fund, launched in March 2026.
• Newer funds (under 2 years old) include NI 31, Citizens Sadabahar Yojana, Garima Subarna Yojana, NIC Asia ELIS, Prabhu SIS and Machhapuchchhre SIP Yojana. Their short track records make them hard to judge yet.
• Pick by time horizon first, fund name second. Money you need within 3 years doesn't belong in an equity fund.

SIP and mutual fund: clear this up first

A SIP (Systematic Investment Plan) is not a product. It's a way of paying: a fixed amount, usually monthly, into a mutual fund. The product is the fund itself.

That's why "SIP interest rate" is a confusing search. A SIP has no fixed interest rate like a fixed deposit. You buy units of a fund at its daily NAV (net asset value). Your return depends on how the fund's investments perform, plus any dividends it pays.

Two things make monthly investing work:

• Rupee cost averaging. The same amount each month buys more units when prices are low and fewer when they're high.
• Compounding. Dividends you reinvest earn returns of their own. It does little in year one and most of the work by year ten.

Want to see your own numbers? Try our SIP Calculator.

All 14 SIP funds in Nepal compared

Figures collected on 29 October 2026 from NepseAlpha's live SIP page, which updates daily (each fund's latest NAV was dated 12–26 October 2026). Fund names cross-checked with HamroShare. Sorted by fund size.

Fund (symbol)	Bank	Type	Net assets (Rs crore)	Total return since launch*	Fee per year	Age
NIBL Sahabhagita Fund (NIBLSF)	NIMB	Equity	1,163	96.6%	1.61%	~7 yrs
NMB Saral Bachat Fund-E (NMBSBF)	NMB	Equity	562	13.2%	1.84%	~5 yrs
Siddhartha Systematic Investment Scheme (SSIS)	Siddhartha	Equity	375	22.7%	1.79%	~5 yrs
Nabil Flexi Cap Fund (NFCF)	Nabil	Equity	318	18.7%	1.85%	~4 yrs
NIC Asia Dynamic Debt Fund (NADDF)	NIC Asia	Debt	231	48.1%	1.89%	~6 yrs
Kumari Sunaulo Lagani Yojana (KSLY)	Kumari	Equity	156	43.1%	2.02%	~4 yrs
Shubha Laxmi Kosh (SLK)	Laxmi Sunrise	Equity	93	26.7%	1.88%	~4 yrs
NIC Asia Equity Linked Investment Scheme (NICELIS)	NIC Asia	Equity	77	−1.5%	2.06%	~1 yr
Citizens Sadabahar Yojana (CSBY)	Citizens	Equity	73	1.7%	3.04%	~1 yr
Garima Subarna Yojana (GSYA)	Garima Bikas	Balanced†	71	−0.7%	2.26%	~7 mo
Sanima Flexi Fund (SFF)	Sanima	Equity	56	5.8%	1.95%	~2 yrs
NI 31 (NI31)	Nabil	Equity	53	5.6%	2.39%	~1 yr
Prabhu Systematic Investment Scheme (PSIS)	Prabhu	Equity	49	17.0%	2.16%	~1 yr
Machhapuchchhre SIP Yojana (MSIP)	Machhapuchchhre	Equity	43	17.7%	2.17%	~10 mo

*Total return since launch, not per year, and older funds have had far more time to grow. Don't compare a 7-year fund's 96.6% with a 1-year fund's 17%. See the next section. †Garima Subarna Yojana is described as a balanced scheme; NepseAlpha's table lists it as equity-oriented. Check its offer document for the exact share/fixed-income split.

Together these funds manage about Rs 32 billion. About 84% of that money is invested in NEPSE-listed shares and about 16% is held as cash, so most "SIP" money in Nepal rides on the share market.

How to read these numbers (and not get fooled)

1. Return since launch isn't a yearly return. NIBL Sahabhagita's 96.6% was earned over about seven years. A fund launched last year can't be compared with it on this number. For funds of different ages, compare how they did over the same recent period, which fund managers publish in their monthly NAV reports.

2. NAV staying near Rs 10 doesn't mean a fund isn't growing. Most Nepali funds pay out profits as dividends, which pulls the NAV back down. NIBL Sahabhagita's NAV is around Rs 10 even though it has returned 96.6% since launch. The difference went out as dividends, for example a 7% dividend for FY 2081/82 (ICT Frame). Choose the dividend reinvestment option if you want those payouts to keep compounding.

3. The yearly fee is charged every year, in good years and bad. Expense ratios here range from 1.61% to 3.04%. The difference sounds small, but over ten years a fund charging 3% a year keeps noticeably more of your money than one charging 1.6%. With two similar funds, the cheaper one starts ahead.

4. Fund size matters, up to a point. Larger, older funds have shown how they behave in both rising and falling markets. A fund under two years old hasn't had a full NEPSE cycle yet.

5. One year of returns tells you very little. Recent negative returns for a couple of the newest funds mostly reflect when they launched, not that they are bad funds. The reverse is also true: a strong first year proves nothing.

Which bank is best for SIP?

Banks in Nepal don't run mutual funds directly. Each one works through a capital company it is linked to, which acts as the fund manager (listed below). So "which bank is best for SIP?" really means "which fund manager do I trust?".

The SIP bank list in short:

Bank	Fund manager	SIP fund(s)
NIMB (Nepal Investment Mega Bank)	NIMB Ace Capital	NIBL Sahabhagita Fund
Nabil Bank	Nabil Invest	Nabil Flexi Cap Fund, NI 31
NIC Asia Bank	NIC Asia Capital	NIC Asia Dynamic Debt Fund, NIC Asia ELIS
Siddhartha Bank	Siddhartha Capital	Siddhartha Systematic Investment Scheme
NMB Bank	NMB Capital	NMB Saral Bachat Fund-E
Kumari Bank	Kumari Capital	Kumari Sunaulo Lagani Yojana
Laxmi Sunrise Bank	LS Capital	Shubha Laxmi Kosh
Sanima Bank	Sanima Capital	Sanima Flexi Fund
Prabhu Bank	Prabhu Capital	Prabhu Systematic Investment Scheme
Citizens Bank	Citizens Capital	Citizens Sadabahar Yojana
Machhapuchchhre Bank	Machhapuchchhre Capital	Machhapuchchhre SIP Yojana
Garima Bikas Bank	Garima Capital	Garima Subarna Yojana

You don't need an account at that bank to invest in its fund. You need a Demat account and to register with the fund manager. When comparing managers, look at fund age, fee, size and how clearly they publish NAV and dividend reports, not at the bank's logo.

Which SIP is best for 5 years, 10 years or the long term?

Match the fund type to your timeline before you pick a name.

Your timeline	What fits	Why
Under 3 years	The debt fund (NADDF) or a fixed deposit	Equity funds can fall 10–20% in a bad NEPSE year, and you may not have time to recover
3–5 years	Mostly debt, or a balanced fund (Garima Subarna Yojana, still very new)	Still short enough for a market slump to hurt
5–10 years	An established equity fund (4+ years old, reasonable fee)	Long enough to ride out at least one down cycle
10+ years	Equity, possibly split across two managers	Time does most of the work. Keep fees low, because they compound too

This follows the same logic as the suitability table on NepseAlpha: equity for long horizons and higher risk tolerance, debt for short horizons or if you can't bear losses.

Can you hold more than one SIP? Yes. But since most funds buy the same large NEPSE stocks (commercial banks especially), three equity SIPs often don't give you three times the diversification. Two funds from different managers, or one equity and one debt, usually make more sense.

How much does a SIP cost?

• Minimum amount: most schemes start from around Rs 500–1,000 a month. The exact minimum differs by fund, so check on the fund manager's site.
• Expense ratio: 1.6–3.0% a year, taken from the fund automatically (see the table).
• DP charges: a small yearly fee for keeping your Demat account.
• Exit load: some funds charge a fee if you redeem within a set period. Check the scheme's offer document before investing.

How to start a SIP in Nepal

1. Open a Demat account with any depository participant (most banks and capital companies). You only need one, however many funds you invest in.
2. Register on MeroShare and get your CRN number from your bank.
3. Pick a fund using the table and timeline above.
4. Register the SIP with that fund manager, online or at their office, choosing your amount, date and whether to reinvest dividends.
5. Set up an automatic monthly payment (e-mandate/standing instruction). Automation is what keeps most people consistent.
6. Check quarterly, not daily. Watching NEPSE every day tempts people to stop during a dip, which is the worst time to stop.

Tax on SIP returns

You pay tax on two things: the profit when you redeem units, and any cash dividends the fund pays. The fund manager deducts both before the money reaches you, and for individuals this is a final tax, so you don't need to file anything extra for it.

	Individual investor	Institution
Capital gain, units held more than 1 year	5%	10%
Capital gain, units held 1 year or less	7.5%	10%
Cash dividends (withheld at source)	5%	15%

Source: NIC Asia Capital. Rates checked 29 October 2026.

With a SIP, each month's instalment buys units on a different date. Units bought within the last year can be taxed at the higher short-term rate when you redeem, even if you started the SIP years ago. Ask your fund manager how they count holding periods before you redeem a large amount.

Don't confuse this with tax on shares. Capital gains tax on NEPSE-listed shares is different: 7.5% long-term and 10% short-term after the FY 2083/84 budget. In September 2026 the government proposed cutting those to 3.75% and 5%, but the proposal needs changes to tax law first and doesn't mention mutual funds. If the law changes, we'll update this section.

For your overall tax picture, see Nepal Tax System Explained (2026) or run your numbers in the Nepal Income Tax Calculator.

The risks nobody puts in the headline

• Market risk. Most SIP money in Nepal is in shares, so when NEPSE falls, equity funds fall with it. SEBON regulates how funds operate, not how the market moves.
• Concentration risk. Nepal's market is small, and funds hold many of the same stocks.
• Behaviour risk. People who pause their SIP in a downturn and restart after the recovery miss the cheap units, which is the whole point of averaging.
• Fee drag. Expense ratios and DP charges come out every year whether the fund does well or not.

None of this makes SIP a bad idea. It makes it a long-term habit you have to keep, especially in bad years.

Questions people actually ask

Which SIP is best in Nepal in 2026? There's no single best. For a long horizon, established equity funds with 4+ years of history and fees under 2%, such as NIBL Sahabhagita, Siddhartha SIS, NMB Saral Bachat Fund-E and Nabil Flexi Cap, are where most people start their comparison. For goals under 3 years, the NIC Asia Dynamic Debt Fund is the only debt-oriented SIP option.

What is the SIP interest rate in Nepal? There isn't one. A SIP isn't a deposit. Your return depends on the fund's performance and dividends, and can be negative in a bad year. Past returns are in the table above, but they don't guarantee future results.

Which bank is best for SIP in Nepal? Banks invest through their capital companies, so compare the fund managers instead: fund age, size, yearly fee and how transparently they report. You don't need an account at the bank to invest in its fund.

What is the minimum amount for SIP in Nepal? Usually around Rs 500–1,000 a month, depending on the fund. Check the fund manager's site for the current minimum.

Is SIP better than a fixed deposit? They do different jobs. A fixed deposit gives a known interest rate with almost no risk. An equity SIP can earn more over long periods but can also lose value. For money you need within 3 years, an FD or debt fund is usually safer.

Can I stop or pause my SIP? Usually yes; the process depends on the fund manager. Just avoid stopping because the market is down, since that's when your monthly amount buys the most units.

How many SIPs should I have? One or two is enough for most people. Because funds hold similar stocks, more SIPs don't automatically mean more diversification.

So which one is right for you?

Start with your timeline, not the bank name. Money for a goal within three years belongs in a debt fund or FD. For five years or more, compare the established equity funds in the table on fee, age and size, and pick one or two from different managers. Then automate it, reinvest the dividends and check quarterly.

If SIP is part of a bigger plan, read our investment plans guide next. If you're planning for a business too, see Financial Planning for Businesses in Nepal.

Sources

• NepseAlpha — SIP in Nepal: fund size, return since launch, expense ratio, category and industry asset allocation (live page, figures collected 29 October 2026)
• HamroShare — SIP funds: full fund names and NAVs (read 29 October 2026)
• NIC Asia Capital — How does a mutual fund work in Nepal: tax on mutual fund gains and dividends
• ShareSansar, 15 September 2026: proposed cut to capital gains tax on listed shares
• ShareSansar: NIBL Sahabhagita Fund as Nepal's first open-ended fund
• ShareSansar, 13 February 2026: Garima Subarna Yojana launch, fund manager and sponsor
• ShareSansar, 16 October 2026: Shubha Laxmi Kosh fund size increase
• ICT Frame: NIBL Sahabhagita Fund 7% dividend
• Securities Board of Nepal (SEBON): mutual fund regulator

This article is general information, not financial advice. Mutual fund investments carry market risk, and past performance doesn't guarantee future returns.

First version of this guide drafted by Aashish Pokhrel; updated and rewritten by Prakash Nepali in October 2026.