Security board of Nepal (SEBON) has granted approval to float 12 crore units of mutual funds for Nabil Investment Banking Limited. The name of scheme is Nabil Balance Fund-2. Sebon approved on 10 Chaitra 2075.
It will be issuing 120,000,000 units at the rate of Rs.10 for general public.
Nabil Investment Banking Limited Fund manager and Nabil Bank is fund sponsor. It had successfully managed Nabil Balance fund -1 which is already matured. The unit holders had got well return.
