Kathmandu. The Securities Board of Nepal has approved the issue of ‘Prabhu Strategic Investment Scheme’.
The Securities Board of Nepal (Sebi) has granted issuance permission to the mutual fund, which operates under prabhu collective investment fund, on April 15. Now plan manager Prabhu Capital will open the sale of units worth Rs 400 million of this mutual fund. Accordingly, a total of 40 million units will be issued public at a face value of Rs 10.
This is an open plan. Prabhu Bank is the promoter of the bank.
