Kathmandu. The Securities Board of Nepal (SEBI) has approved the issue of mutual fund units named ‘NI 31’.
The Securities Board of Nepal has given permission to issue this scheme unit operating under Nabil Mutual Fund. Now plan manager Nabil Investment Bank will make a public issue of the unit worth Rs 250 million.
A total of 25 million units of this open-ended scheme will be issued for the general public at a face value of Rs 10. Nabil Bank is the fund promoter of the scheme.
