Sunrise First Mutual Fund to issue shares worth Rs. 100 crores; Receives approval from Sebon

Sunrise Capital Limited is going to issue its first mutual fund scheme: Sunrise First Mutual Fund.

The mutual fund scheme has received approval from Sebon on Bhadra 23, 2076.

The Mutual Fund Scheme is planning to issue 10 crores units of shares. The par value of each unit is Rs. 10. So, the total worth of the scheme is Rs. 100 crores.

The mutual fund scheme had applied to the Securities Board of Nepal (SEBON) for the issuance of shares to the public on Ashad 9, 2076.

Mutual Fund can be good way of investing for those who don’t have time or skill to participate in the market.

 

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