Public Issue of "NIC ASIA Equity Opportunity Fund" Mutual Fund Scheme Opening From Today

Summary

NIC Asia Capital Limited has opened the issue of the close-ended “NIC ASIA Equity Opportunity Fund” mutual fund scheme from today. The fund will close on Ashoj 13, with a possible extension until Ashoj 21 if it is not fully subscribed.

Key Points
  • NIC Asia Capital Limited has started issuing units of the close-ended “NIC ASIA Equity Opportunity Fund.”
  • The subscription window opens today, Ashoj 7, 2083, and closes on Ashoj 13, 2083, with a possible extension to Ashoj 21.
  • Of the 8 crore unit shares, 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.
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