Deadline To Apply For RBB Merchant Banking Limited's Mutual Fund Scheme "RBB Focus 40" Extended Till Ashwin 1
Sun, Sep 7, 2025 10:17 AM on Latest, Mutual Fund,
RBB Merchant Banking Limited has extended the mutual fund scheme "RBB Focus 40" deadline to the general public and institutions until the 1st Ashwin, 2082. The issue opened on the 18th Bhadra, 2082, and was supposed to close today, the 22nd of Bhadra, 2082. However, since the scheme didn't receive enough applications, the deadline has been extended until 1st Ashwin, 2082.
Out of 10 crore unit shares, 14%, i.e., 1.40 crores units worth Rs. 14 crore, have been allocated to the scheme manager, Rastriya Banijya Bank Limited, and 1%, i.e., 10,00,000 units worth Rs. 1 crore, have been allocated to the fund sponsor, RBB Merchant Banking Limited. The remaining 8,50,00,000 units worth Rs 85 Crores will be issued to the general public and institutions.
According to CDSC, 40,441 applicants have applied for 9,77,74,340 units worth Rs. 97.77 crores so far.
"RBB Focus 40" is a closed-ended fund. Applicants can apply for a minimum of 100 units to a maximum of 1,00,00,000 units.
