Machhapuchchhre Capital’s Mutual Fund Scheme "MBL Equity Fund" Worth Rs 1.20 Arba Added in SEBON Pipeline

Fri, Oct 25, 2024 12:59 PM on Latest, Mutual Fund,

The Securities Exchange Board of Nepal (SEBON) has recently added "MBL Equity Fund", under preliminary review in the latest list of mutual fund scheme pipeline status published.

MBL Equity Fund is a closed-end mutual fund scheme that will have a fund size of Rs. 1.20 Arba divided into 12 Crore units, having a par value of Rs. 10 per unit. The application was sent to SEBON on Ashwin 21. Machhapuchchhre Capital Limited is the fund manager of the mutual fund scheme. Whereas, Machhapuchchhre Bank Limited (MBL) is the Fund Sponsor of this scheme.