NIMB Ace Capital Strengthens Position with Nepal’s Largest Open-Ended Mutual Fund
Summary
NIMB Ace Capital, a subsidiary of Nepal Investment Mega Bank Limited, operates Nepal's largest open-ended mutual fund, the NIBL Sahabhagita Fund, with a size of Rs 10 billion.
Key Points
- NIMB Ace Capital is a subsidiary of Nepal Investment Mega Bank Limited and a leading investment and merchant bank in Nepal.
- Their flagship product, NIBL Sahabhagita Fund, is Nepal's first and largest open-ended mutual fund with an approved size of Rs 10 billion.
- The fund invests in a diversified portfolio including equity, equity-related, and fixed-income instruments.
- All pending units have been credited to investors' Meroshare accounts following regulatory updates, reaffirming efficiency and investor confidence.
