CBIL Capital to float Citizens Mutual funds -2 worth Rs.1 arba from 09 Jestha 2076. The issue will be open till 13 Jesth 2076 early. If no subscribed within 4 days, issue will be remains open till 08 Asar 2076.
The capital will float 100,000,000 unit mutual funds at the rate of Rs.10. 15% of issue is reserved for fund sponsors citizens Bank International Limited and rest of the issue for others.
Interested applicants can apply through C-ASBA approved Banks & financial institutions. They can apply for minimum 100 units & maximum 2 crore units.
It is 7 years closed end mutual fund. It will be matured in 7 years.
The fund will be managed by CBIL Capital Limited. The Fund sponsor is Citizens Bank International Limited. Currently, the Capital is managing Citizens mutual fund -1.
