NIC Asia Capital Limited Promoted "NIC ASIA Equity Opportunity Fund" to Issue 8 Crore Units Mutual Fund Scheme to General Public From Ashoj 07
Summary
NIC Asia Capital Limited has opened the issue of the closed-ended “NIC ASIA Equity Opportunity Fund,” offering 8 crore units to the public from Ashoj 7 to 13, 2083. If undersubscribed, the offer may be extended until Ashoj 21, with applications allowed from 100 units up to 1 crore units.
Key Points
- NIC Asia Capital Limited has published an offer letter for the “NIC ASIA Equity Opportunity Fund” close-ended mutual fund scheme.
- The issue will open from Ashoj 7 to Ashoj 13, 2083, with a possible extension until Ashoj 21 if not fully subscribed.
- Of the 8 crore units, 15% has been allocated to NIC Asia Bank Limited as scheme manager, while the rest will be offered to the public and institutions.
- Applicants can apply for a minimum of 100 units and a maximum of 1,00,00,000 units.
