Stock market

Public Issue of “NMB Saral Bachat Fund – E” Opening From Today

First mutual fund launched by Mega Capital

From today, the “NMB Saral Bachat Fund – E” is open to the public

“NMB Saral Bachat Fund- E” will be issued by NMB Capital Limited on 17th Bhadra and concluded on 21st Bhadra, 2078. The deadline can be extended to Bhadra 31 if the early closing date is not met.

As an open-ended fund, NMB Saral Bachat Fund – E won’t be traded on the NEPSE. Funds do not have maturity periods, and fund managers can increase fund size whenever necessary.

It will be issued in 10 crore units at 10 rupees each. The fund’s promoter NMB Bank received 14% of the total fund size, while NMB Capital received 1%. The minimum number of units an investor can apply for is 100, and the maximum number is 40 lakh.

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