SEBON Approved Nabil Investment Banking's Mutual Fund Scheme ; "Nabil Growth Fund" To Issue 10 Crore Mutual Fund Units
Summary
SEBON has approved Nabil Growth Fund, a Rs 1 arba closed-end mutual fund scheme sponsored by Nabil Bank Limited and managed by Nabil Investment Banking Limited. The fund will issue 10 crore units at a par value of Rs 10 each.
Key Points
- SEBON has approved the closed-end mutual fund scheme Nabil Growth Fund.
- The fund is worth Rs 1 arba and will issue 10 crore units at a par value of Rs 10 each.
- Nabil Bank Limited is the sponsor of the fund, and Nabil Investment Banking Limited is the fund manager.
- Nabil Investment Banking Limited already manages one closed-end fund in the market.
