SEBON Approves Machhapuchchhre Capital’s Mutual Fund Scheme "MBL Equity Fund" To Issue 12 Crore Units

Tue, Feb 4, 2025 1:50 PM on Latest, Mutual Fund,

The Securities Board of Nepal (SEBON) has approved the "MBL Equity Fund" worth Rs 1.20 Arba on Magh 20, 2081.

This is a closed-end mutual fund scheme that will be floating 12 crore unit shares each at a par value of Rs 10 per share. The sponsor of the fund is Machhapuchchhre Bank Limited, while the fund manager is Machhapuchchhre Capital Limited. The application was sent to SEBON on Ashwin 21.