Himalayan Life Insurance Promoted "HLI Large Cap Fund" to Issue 20 Crore Units Mutual Fund Scheme to General Public From Bhadra 15
Summary
Himalayan Life Insurance Limited is issuing 20 crore units of the closed-end mutual fund scheme "HLI Large Cap Fund" to the general public starting Bhadra 15, 2082.
Key Points
- Himalayan Life Insurance Limited has announced the issuance of the closed-end "HLI Large Cap Fund" mutual fund scheme.
- The issue will be open from Bhadra 15 to Bhadra 18, 2082, with possible extension to Bhadra 29 if not fully subscribed.
- Out of 40 crore unit shares worth Rs. 4 Arba, 20 crore units are allocated to the scheme manager and 20 crore units will be issued to the general public and institutions.
- Applicants can apply for a minimum of 100 units and a maximum of 4 crore units.
