NIBL Pragati Fund trading starts in NEPSE from today
- ShareSansar, March 28, 2017 on Featured , Latest , Mutual Fund , Stock Market
Trading of NIBL Pragati Fund has been started in Nepal Stock Exchange Limited (NEPSE) from today (Chaitra 15, 2073). As per the notice published in NEPSE today, the open range is set within range of Rs 10 – Rs 10 for the first transaction. The symbol has been set as NIBLPF.
Nepal Stock Exchange (NEPSE) had listed 7,50,00,000 units of NIBL Pragati Fund on Chaitra 6, 2073.
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 Markets Limited, a wholly owned subsidiary of Nepal Investment Bank. Its Net Asset Value as of March 24, 2017 stood at Rs 10.22.