Garima Mutual Fund Receives Approval for 'Garima Suvarna Yojana' Public Issuance
Summary
Garima Mutual Fund, sponsored by Garima Bikas Bank Limited and managed by Garima Capital Limited, has received SEBON approval for the public issuance of its first open-ended scheme 'Garima Suvarna Yojana' worth NPR 1 billion.
Key Points
- Garima Mutual Fund received approval from SEBON for the public issuance of 'Garima Suvarna Yojana'.
- The scheme is the first open-ended scheme sponsored by Garima Bikas Bank Limited.
- The public issuance amount is NPR 1 billion.
- Garima Capital Limited acts as the merchant banker and facilitates services through Garima Bikas Bank Limited branches.
