SEBON Approves RBB Merchant Banking’s Mutual Fund Scheme "RBB Focus 40" To Issue 10 Crore Units
Summary
SEBON has approved the RBB Focus 40 mutual fund scheme of RBB Merchant Banking with 10 crore units worth Rs 1 Arba.
Key Points
- SEBON approved the RBB Focus 40 mutual fund scheme on Shrawan 23, 2082.
- The scheme is a closed-end mutual fund worth Rs 1 Arba.
- It will float 10 crore units with a par value of Rs 10 each.
- Rastriya Banijya Bank Limited is the sponsor and RBB Merchant Banking Limited is the fund manager.
