Kathmandu. Laxmi Sunrise Mutual Fund is going to launch a scheme named ‘LS Horizon 12’.
Laxmi Sunrise Capital has applied to the Securities Board of Nepal to bring this mutual fund into operation. If the Securities Board gives permission, Capital will operate this mutual fund.
For this, the plan manager will issue the highest number of units of LS Horizon 12. Accordingly, a total of 120 million units will be opened for sale at a face value of Rs 10.
This is a mutual fund of Rs 1.20 billion. Laxmi Sunrise Bank is the fund promoter of this closed-ended scheme.
