Public Issue of "LS Horizon 12" Mutual Fund Scheme Opening From Today
Summary
LS Capital Limited has opened the public issue of the closed-ended mutual fund scheme "LS Horizon 12" starting 30th Baishakh 2083 with a total unit share of 12 crore. The scheme manager Laxmi Sunrise Bank Limited holds 15% units, while the rest are available to the public and institutions.
Key Points
- LS Capital Limited has launched the closed-ended mutual fund scheme "LS Horizon 12".
- The public issue opens on 30th Baishakh 2083 and will close on 4th Jestha 2083, with a possible extension to Jestha 13 if not fully subscribed.
- Out of 12 crore units, 15% (1.8 crore units) are allocated to scheme manager Laxmi Sunrise Bank Limited.
- The remaining 10.2 crore units worth Rs 1.02 Arba are available for public and institutional investors, with a minimum application of 100 units.