Kathmandu. The Securities Board of Nepal (SEBON) has approved the issuance of units of ‘Nabil Growth Fund’.
The Securities Board of India (SEBON) today approved the issuance of units of the mutual fund. This mutual fund will be operated under Nabil Mutual Fund.
The Securities Board of India (SEBON) has approved the issuance of units worth Rs 1 billion of this mutual fund. Now, the scheme manager Nabil Investment Banking will issue a total of 100 million units at a face value of Rs 10 each.
This is a closed-end scheme. Nabil Bank is its fund promoter.
