The capital is issuing 100 million mutual fund units worth Rs 1 billion at a face value of Rs 10 from July 7.
Out of the total offered units, the company has secured 13 percent from the promoter of the fund Rastriya Banijya Bank and 2 percent to the fund manager RBB Merchant Banking. The interested investors can apply for the remaining 85 million units.
They can apply for a minimum of 100 and maximum of 10 million units from all C-ASBA approved BFIs and meroshare web and app. It is a close-ended mutual fund scheme.
