Kathmandu. The units of ‘Muktinath Mutual Fund-2’ operated under Muktinath Mutual Fund will be opened from September 17.
Muktinath Capital, the project manager, is going to open the sale application for a total of 10 crore units at a face value of Rs 10. Out of the total number of units, 20 lakh units will be reserved for the seed capital of the scheme manager Muktinath Capital and 1.3 crore units will be reserved for the fund promoter Muktinath Bikas Bank, while the remaining 8.5 crore units will be opened to the general public.
Investors can apply for a minimum of 100 units and a maximum of 10 million units. Investors can apply for a minimum of 100 units and a maximum of 10 million units. Investors can apply from banks and financial institutions participating in the C-ASBA service approved by the Securities Board of Nepal as well as from CDSC’s Mero Shares.
The scheme will be issued on September 29 at the earliest and at the end of September 29 after the banking hours.
