Public Issue of "Nepal Life Samriddhi Lagani Yojana" Mutual Fund Scheme Opening From Today
Summary
Nepal Life Capital Limited has opened the public issue for its first mutual fund scheme, 'Nepal Life Samriddhi Lagani Yojana', a closed-ended fund available for subscription until Magh 8, 2082, with potential extension till Magh 18 if not fully subscribed.
Key Points
- Nepal Life Capital Limited is issuing a closed-ended mutual fund called 'Nepal Life Samriddhi Lagani Yojana'.
- The public issue opens on 4th Magh and closes on 8th Magh, 2082, with a possible extension to Magh 18 if undersubscribed.
- Out of 16 crore units, 14% are allocated to the scheme manager Nepal Life Insurance Limited, 1% to the sponsor Nepal Life Capital Limited, and the rest to the public and institutions.
- Applicants can subscribe for a minimum of 100 units up to 1,60,00,000 units in this first mutual fund scheme managed by Nepal Life Capital Limited.
