Nabil Investment Banking Limited has launched the units of its fourth mutual fund called Nabil Balanced Fund 3 from today. Nabil Mutual Fund 3
It is a 10-year closed-end mutual fund.
A public issue of 100 million units at a face value of Rs 10 per unit has taken place. Applications can be submitted for a minimum of 100 to 10 million units in this fund.
As the unit has been evicted from today, the application should be submitted by Bhadra 29 as soon as possible. If the units that have been evicted within that period are not sold, the application can be opened till Ashoj 8.
Out of the total units issued by the company, 14 percent or a minimum of 14 million units have been secured to fund promoter Nabil Bank and 1 percent or 1 million units have been secured to scheme manager Nabil Investment Banking Limited. Investors will be able to apply for the purchase of the remaining 85 million units.
Interested persons can apply for unit purchases from all the banks and financial institutions that have obtained Ashwa permission from the Securities and Exchange Board or even from my shares.