SEBON Approved LS Capital’s Mutual Fund Scheme ; "LS Horizon 12" To Issue 12 Crore Mutual Fund Units
Summary
SEBON has approved LS Capital's closed-end mutual fund scheme "LS Horizon 12," which will issue 12 crore units valued at Rs 1.2 billion.
Key Points
- The Securities Board of Nepal (SEBON) approved the "LS Horizon 12" mutual fund scheme.
- The scheme is a closed-end mutual fund floating 12 crore units at a par value of Rs 10 each.
- The total worth of the scheme is Rs 1.2 billion.
- Laxmi Sunrise Bank Limited is the sponsor, and LS Capital Limited is the fund manager.
