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SEBON Approved Nabil Investment Banking's Mutual Fund Scheme ; "Nabil Growth Fund" To Issue 10 Crore Mutual Fund Units

ShareSansar •
December 15, 2016 • 10:55 AM
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|| ShareSansar || The Securities Board of Nepal (SEBON) has approved the "Nabil Growth Fund" worth Rs 1 Arba on Kartik 11, 2083. This is a closed-end mutual fund scheme that will be floating 10 crore units each share...

SEBON Approved Nabil Investment Banking's Mutual Fund Scheme ; "Nabil Growth Fund" To Issue 10 Crore Mutual Fund Units

The Securities Board of Nepal (SEBON) has approved the "Nabil Growth Fund" worth Rs 1 Arba on Kartik 11, 2083.

This is a closed-end mutual fund scheme that will be floating 10 crore units each share at a par value of 10 per share. The sponsor of the fund is Nabil Bank Limited, while the fund manager is Nabil Investment Banking Limited.

As of now, Nabil Investment Banking Limited is managing one closed-end fund in the market.

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