Nabil Investment Banking Selling 1.12 Crore Units of its New Open Ended Scheme ‘NI 31’ from Shrawan 30
August 15, 2025 | Investopaper
Nabil Investment Banking Limited has launched an open ended scheme named “NI 31”. The fund manager is currently issuing 1,12,50,000 units of its new mutual fund scheme to the general public from Shrawan 30, 2082 BS. At a par value of Rs 10 per unit, the total issue size amounts to Rs 25 crores. The scheme will be operated under ‘Nabil Mutual Fund’.
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For this purpose, Securities Board Of Nepal (SEBON) has given the approval to the company on Shrawan 8, 2082 BS. As the fund manager, Nabil Investment Banking had submitted the application to the board on Chaitra 16, 2079 BS seeking approval. Only after the permission from the board, the company can sell the units to the general public.
Nabil Bank is the promoter company of the Nabil Mutual Fund. Hence, the bank will purchase 15 percent or 37.5 lakh units of the scheme. Out of the remaining 1.50 crore units, the fund manager is going to sell 1,12,50,000 units to the general public.
Interested investors can apply for a minimum of 100 units and a maximum of 25 lakh units.
If fully subsribed, the scheme offering will close on Bhadra 3, 2082 BS. However, if it remains under-subscribed until that period, the deadline for application will extend until Bhadra 13, 2082 BS.
‘NI 31’ is an open ended scheme. In an open-ended mutual fund, interested investors can purchase or sell the shares in the fund directly from the fund. There is no need to purchase from existing shareholders.
Investing in a mutual fund can be a good strategy for most investors as it offers decent returns at a low level of risk. Mutual funds are managed by professional experts and provide wide diversification.
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