SEBON Approved Himalayan Capital’s First Mutual Fund Scheme "Himalaya 80-20" To Issue 10 Crore Mutual Fund Units
Wed, Jul 5, 2023 1:55 PM on Latest, Mutual Fund,
The Securities Board of Nepal (SEBON) has approved the "Himalayan 80-20" worth Rs 1 Arba on Ashad 19, 2080. This is a closed-end mutual fund scheme that will be floating 10 crore unit shares each at a par value of Rs 10 per share.
The Sponsor of the Fund is Himalayan Bank Limited (HBL), while the fund manager is Himalayan Capital Limited.
Himalaya 80-20 is the first mutual fund scheme to be operated by Himalayan Capital.
