NMB 50 Delisted From NEPSE; Fund to Be Matured From Bhadra 12
Summary
NMB 50, a closed-end seven-year mutual fund scheme managed by NMB Capital Limited and sponsored by NMB Bank Limited, will mature on Bhadra 12, 2083. The fund has issued a delisting notice, and unit holders will receive their proportional share after the scheme sells its investments and closes out.
Key Points
- NMB 50 will mature on Bhadra 12, 2083 and has issued a delisting notice from NEPSE.
- The closed-end mutual fund has a total size of Rs. 1.25 arba and has paid dividends consistently over the past seven fiscal years.
- After maturity, trading in the fund’s units will be suspended and the underlying investments will be liquidated for distribution to unit holders.
- The latest NAV of the scheme stands at Rs. 10.45 as of Ashad.
