The company will soon issue “NIBL Growth Fund’ promoted by Nepal Investment Bank and managed by NIBL Ace Capital.
which is recently approved by Securities Board of Nepal (SEBON).
The scheme worth Rs 1.60 billion with maturity period of 10 years. The scheme will be the biggest mutual fund issued in the domestic market till date.
The company has estimated of providing 20.25 annual return to its mutual fund unitholders through the period.