The total number of applicants sought 104,226,730 mutual fund units in which applications for 10,286,760 units were canceled.
After allocating 93,939,970 mutual fund units, the mutual fund manager added extra 6,030 units in the fund totaling the fund to Rs 1.12 billion.
Nabil Investment Banking issued 'Nabil Balance Fund-2' worth Rs 1.20 billion from April 18- May 17 for the public.
Out of the total units, the company has allocated 15 percent i.e. 18 million mutual fund units to the mutual fund promoter Nabil Bank and issue manager Nabil Investment Banking.
The mutual fund units will mature in 10 years.
