Kathmandu. The public issue of the units of ‘NIC Asia Equity Linked Investment Scheme’ operated under NIC Asia Bank Mutual Fund is going to be held from August 19.
Out of the total 100 million units at a face value of Rs 10, 15 million units will be reserved for seed capital by NIC Asia Bank and out of the remaining 85 million units, 50 million units will be issued to the general public in the first phase.
Under this scheme, investors can apply for a minimum of 100 units and a maximum of 10 million units. For the purchase of the unit, the banks and financial institutions participating in the C-ASWA service approved by the Securities Board of Nepal and their designated branches as well as my share of CDSC can apply.
The launch of this scheme will be closed at the earliest on September 15 and late on September 15 after the banking time. This is an open plan.
