Kathmandu. Garima Mutual Fund is to issue units of ‘Garima Subarna Yojana’ from March 12.
In the first phase, 10 crore units of the scheme will be sold. Out of the total number of units, 60 Lakh units have been allotted to Scheme Manager Garima Capital and 90 Lakh units to Fund Promoter Garima Bikas Bank. The general public can apply for the remaining 3.5 crore units.
Applications can be place for minimum 100 units and maximum 50,000 units. The applications can be submitted from the banks and financial institutions participating in the C-ASBA service and my shares of CDSC.
The unit issuance of units under the scheme will be done on March 12 at the earliest and on March 22 after the banking hours.
