NEPSE lists 7.50 crore units of NIBL Pragati Fund; trading to commence in 7 days
Sun, Mar 19, 2017 1:34 PM on Latest, Mutual Fund, Featured, NEPSE News, Share Listed, Stock Market,
Nepal Stock Exchange (NEPSE) has listed 7,50,00,000 units of NIBL Pragati Fund today (Chaitra 6, 2073). Trading of the shares will commence after 7 days of listing.
NIBL Pragati Fund is a 7 years closed-end mutual fund scheme with a fund size of Rs 75 crore. The fund is managed by NIBL Capital Market Limited, a wholly owned subsidiary of Nepal Investment Bank. Its Net Asset Value as of March 17, 2017 stood at Rs 9.94 (which is less than the par value of Rs 10).