Garima Capital Limited Promoted "Garima Subarna Yojana" to Issue 10 Crore Units Mutual Fund Scheme to General Public From Falgun 28

Summary

Garima Capital Limited launched the open-ended mutual fund scheme 'Garima Subarna Yojana' issuing 10 crore units with initial public sale starting on Falgun 28, 2082.

Key Points
  • Garima Capital Limited has introduced the 'Garima Subarna Yojana' open-ended mutual fund scheme.
  • The issue opens from Falgun 28 to Chaitra 2, 2082, with a possible extension till Chaitra 12 if not fully subscribed.
  • Initial public issuance includes 5 crore units worth Rs. 50 crore with a total of 10 crore units available.
  • Units reserved include 15% for scheme manager and fund sponsor, with remaining units for public and institutions.
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