Matured Nabil Equity Fund Refunding Money To Unitholders From Today
Mon, Jan 29, 2024 2:30 PM on Latest, Mutual Fund,
Nabil Investment Banking Limited has issued an announcement today notifying investors of its fund "Nabil Equity Fund" which has already matured, is refunding the money to the unitholders.
Nabil Equity Fund is a closed-end 7-year mutual fund scheme managed by Nabil Investment Banking Limited and sponsored by Nabil Bank. The fund matured on Kartik 18, 2080, and will be refunding the money to the unitholders from today i.e. on 15th Magh, 2080.
The ending NAV of the fund was Rs. 10.77262837. Thus, unitholders will be refunded following the number of units they hold after deducting the necessary tax amount.
The fund manager Nabil Investment Banking has requested unitholders to authenticate their bank accounts on the Demat accounts if they haven't done so yet. Unitholders who still hold physical ownership certificates and those who wish to transfer ownership should contact the fund manager Nabil Investment Banking's office in Narayanchaur, Naxal. The unitholders should present their original ownership certificate along with their bank details, proof of identity, and an application as directed by the fund manager. Unitholders who are unable to present themselves to collect cheques can transfer authority to his / her nominee with an authorized signature attested with the letter.
Unitholders who took loans against the units of the fund should free up their units by performing the necessary course of action.
