Kathmandu. Today is the last day to purchase units under Machhapuchchhre SIP Scheme.
The units of the scheme were opened for sale on November 14. Applications can be submitted till the banking hours today.
Machhapuchchhre Capital, the project manager, has issued 20 million units of the mutual fund with a face value of Rs 10 each. The total size of the scheme is 5 crore units. Out of the total offered offerings, 14% i.e. 700,000 units have been set aside for the fund sponsor Machhapuchchhre Bank and 1% i.e. 500,000 units have been set aside for the scheme manager Machhapuchchhre Capital. The general public can apply for 1.25 crore units.
Interested bidders can apply for the shares from the Securities Board of Nepal (SEBON) affiliated banks and financial institutions and their designated branches.
