SEBON Adds Nabil Investment Banking's New Mutual Fund Scheme "NI 31" in Pipeline

Sun, Apr 2, 2023 3:44 PM on Latest, Mutual Fund,

The Securities Exchange Board of Nepal (SEBON) has recently added "NI 31", under preliminary review in the latest list of mutual fund scheme pipeline status published.

NI 31 will have a fund size of Rs. 15 Crores divided into 1.5 Crore units, having a par value of Rs.10 per unit. The application was sent to SEBON on Chaitra 16. Nabil Investment Banking Limited is the fund manager of the mutual fund scheme. Whereas, Nabil Bank is the Fund Sponsor of this scheme.

Nabil Investment Banking Limited currently manages three close-end mutual fund schemes "Nabil Equity Fund (NEF)", "Nabil Balanced Fund - 2 (NBF2)" and "Nabil Balanced Fund III (NBF3)" and one open-end mutual fund Nabil Flexi Cap Fund (NFCF) in the market.