Public Issue of "NIC ASIA Equity Opportunity Fund" Mutual Fund Scheme Closing From Today
Summary
NIC ASIA Capital Limited is closing applications today for its 10-year closed-end mutual fund scheme, NIC ASIA Equity Opportunity Fund. The scheme has already drawn 39,346 applicants seeking units worth Rs. 70.96 crore.
Key Points
- NIC ASIA Capital Limited is closing the public issue of its mutual fund scheme, NIC ASIA Equity Opportunity Fund, today.
- The 10-year closed-end fund is the company’s sixth scheme.
- According to CDSC, 39,346 applicants have applied for 7,09,68,100 units worth Rs. 70.96 crore so far.
- Most of the raised money will be invested in listed companies based on growth potential and expected returns.