Public Issue of "HLI Large Cap Fund" Mutual Fund Scheme Opening From Today

Summary

Himalayan Life Insurance Limited is launching the public issue of the "HLI Large Cap Fund" mutual fund scheme starting today, offering a closed-end fund with 20 crore units available for public and institutional investors.

Key Points
  • Himalayan Life Insurance Limited is launching a closed-end mutual fund scheme called "HLI Large Cap Fund."
  • The public issue opens on 15th Bhadra and closes on 18th Bhadra 2082, with a possible extension to 29th Bhadra.
  • Out of 40 crore units, 50% are allocated to the scheme manager and 50% to the general public and institutions.
  • Applicants can subscribe for a minimum of 100 units and up to 4 crore units.
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