NMB Hybrid Fund L2 Units Available for Purchase Until Falgun 8
Author
Nepse trading
NMB Capital Limited (NMBCL) has announced that the last date to apply for the purchase of units in the NMB Hybrid Fund L2, which was issued and opened for sale earlier, is Falgun 8.
12 crore units worth NPR 1.2 billion are available for sale at a face value of NPR 10 per unit.
A 10-year closed-end scheme, considered less risky compared to an equity fund.
Investors can apply for a minimum of 100 units and a maximum of 1.2 crore units.
14% (1.68 crore units) are reserved for NMB Bank as the fund promoter, and 1% (12 lakh units) for the fund manager.
The remaining 10.2 crore units are available for the general public.
So far, 58,440 investors have applied for 10.15 crore units.
The NMB Hybrid Fund L2, operating under NMB Mutual Fund, is a 10-year closed-end hybrid scheme that offers comparatively lower risk. Interested investors must submit their applications by Falgun 8 to participate in the offering.
