Nabil Investment Banking Limited Promoted "Nabil Growth Fund" to Issue 10 Crore Units Mutual Fund Scheme to General Public From Mangsir 09
Summary
Nabil Investment Banking Limited has opened an offer for the Nabil Growth Fund, a closed-ended mutual fund scheme issuing 10 crore units from Mangsir 9 to 14, 2083. The remaining 8.5 crore units will be sold to the general public and institutions, with applications open for a minimum of 100 units.
Key Points
- Nabil Investment Banking Limited has published an offer letter for the Nabil Growth Fund closed-ended mutual fund scheme.
- The issue will open from Mangsir 9 to 14, 2083, and may be extended to Mangsir 23 if it is not fully subscribed.
- Out of 10 crore units, 1.4 crore units are allocated to the scheme manager Nabil Bank Limited and 10 lakh units to the fund sponsor Nabil Investment Banking Limited.
- The remaining 8.5 crore units worth Rs. 85 crore will be issued to the general public and institutions, with applications ranging from 100 units to 1 crore units.
