The company is issuing 120 million of mutual fund units worth Rs 1.2 billion at a face value of Rs 10 per unit from July 29.
Out of the total offered units, the company has allocated 14 percent i.e. 18 million mutual fund units to NMB Bank as seed capital and 1 percent to NMB Capital. The general investors can apply for the remaining 102 million mutual fund units.
The interested investors can apply for a minimum of 100 and a maximum of 12,000,000 number of mutual fund units from all ASBA approved BFIs and meroshare software.
