Kathmandu. Today is the last day to apply for the purchase of units of NI-31 operated under Nabil Mutual Fund.
The public issue of this mutual fund was held on August 15. Applications can be made till today’s banking hours.
Plan manager Nabil Investment Banking and fund promoter Nabil Bank have opened the sale of units worth Rs 250 million in the first phase of the scheme. Accordingly, a total of 25 million units have been issued at a face value of Rs 10.
In the first phase, 11.25 million units have been opened for sale to the general public out of the remaining 15 million units, keeping the plan manager Nabil Investment Banking safe.
Under this scheme, investors can apply for a minimum of 100 units and a maximum of 2.5 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.
