Deadline To Apply For Himalayan Life Insurance Limited's Mutual Fund Scheme "HLI Large Cap Fund" Extended Till Bhadra 29
Wed, Sep 3, 2025 10:07 AM on Latest, Mutual Fund,
Himalayan Life Insurance Limited has extended the mutual fund scheme "HLI Large Cap Fund" deadline to the general public and institutions until the 29th Bhadra, 2082. The issue opened on the 15th Bhadra, 2082, and was supposed to close today, the 18th of Bhadra, 2082. However, since the scheme didn't receive enough applications, the deadline has been extended until 29th Bhadra, 2082.
Out of 40 crore unit shares, 50%, i.e., 20 crores units worth Rs. 2 Arba have been allocated to the scheme manager, Himalayan Life Insurance Limited. The remaining 20,00,00,000 units worth Rs 2 Arba will be issued to the general public and institutions.
According to CDSC, 32,419 applicants have applied for 21,62,59,740 units worth Rs. 2.16 Arba so far.
"HLI Large Cap Fund" is a closed-ended fund. Applicants can apply for a minimum of 100 units to a maximum of 4,00,00,000 units.
