Nepal Life Insurance Limited Promoted "Nepal Life Samriddhi Lagani Yojana" to Issue 13.60 Crore Units Mutual Fund Scheme to General Public From Magh 04
Summary
Nepal Life Capital Limited is offering the "Nepal Life Samriddhi Lagani Yojana" closed-end mutual fund scheme issuing 13.60 crore units to the public from Magh 4 to Magh 8, 2082, potentially extended to Magh 18 if not fully subscribed.
Key Points
- Nepal Life Capital Limited published an offer letter for the "Nepal Life Samriddhi Lagani Yojana" closed-end mutual fund scheme.
- The issue offers 16 crore units with 14% allocated to Nepal Life Insurance Limited and 1% to Nepal Life Capital Limited.
- 13.60 crore units worth Rs 1.36 billion will be issued to the general public and institutions.
- Applicants can apply for a minimum of 100 units up to a maximum of 1.6 crore units.
