NMB Capital to Launch its Open Ended Scheme ‘NMB Flexi Cap Fund’
June 15, 2026 | Investopaper
NMB Capital Limited is planning to launch an open ended scheme named “NMB Flexi Cap Fund”. The fund manager is going to issue 4 crore units of its new mutual fund scheme. At a par value of Rs 10 per unit, the total issue size amounts to Rs 40 crores. The scheme will be operated under ‘NMB Mutual Fund’.
Recommended:
How To Buy Mutual Fund Schemes In Nepal?
How To Apply IPO/FPO/Right Share Through Mero Share?
For this purpose, as the fund manager, NMB Capital has submitted the application to the Securities Board Of Nepal (SEBON) on Jestha 28, 2083 BS seeking approval. Only after the permission from the board, the company can sell the units to the general public.
NMB Bank is the promoter company of the NMB Mutual Fund. Hence, the bank along with the fund manager NMB Capital will purchase 15 percent or 60 lakh units of the scheme. The general public can apply for the remaining 3.4 crore units worth Rs 34 crores.
‘NMB Flexi Cap Fund’ 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.
You May Also Like:
