NMB Capital is floating NMB 50 closed end mutual fund scheme from today, 13 Shrawan 2076. Early closing date is 16 Shrawn 2076. It issue is not subscribed within given deadline then, it will be remains open till 10 hadra
The capital is floating 12 crore units of mutual funds at the rate of Rs.10. It has reserved 14% of issue for fund sponsor NMB Bank and 1% for Fund Manager, NMB capital limited.
Interested applicants can apply for minimum 100 units and maximum 1.20 crore units from C-ASBA approved BFIs.
Currently, NMB capital is managing 2 mutual fund schemes NMB Sulav Investment fund-1 and NMB Hybrid Fund L1.
It is 7 years closed mutual fund which will be managed by NMB Capital and sponsor by NMB Bank Limited.
