Kathmandu. Purchase applications can be submitted for units of MBL Equity Fund operated under NBL Mutual Fund from today, Falgun 22.
Scheme manager Machhapuchhre Capital is going to sell 120 million units worth a total of Rs 1.2 billion at a face value of Rs 10. Out of the 15 percent units of this scheme, 14 percent or 16.8 million units will be reserved for the fund promoter company Machhapuchhre Bank and 1 percent or 1.2 million units for the scheme manager, and the general public will be able to apply for the remaining 102 million units.
In this scheme, investors can apply for a minimum of 100 units and a maximum of 12 million units. Applications can be submitted until Falgun 26. If all the units are not sold during this period, applications can be submitted until Chaitra 7th.
The sales manager of this scheme is RBB Merchant Banking. Investors can apply through all ASBA member banks and financial institutions approved by the Securities and Exchange Board of Nepal and their designated branch offices and through the C-ASBA system from CDSC’s ‘Mero Share’.
