NEPSE lists 7.50 crore units of NIBL Pragati Fund; trading to commence in 7 days
- ShareSansar, March 19, 2017 on Featured , Latest , 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).