Nabil Bank Successfully Completes NI 31 Mutual Fund Unit Allocation

Nabil Bank Limited, as the fund promoter, and Nabil Investment Banking Limited, acting as both issuer and sales manager, completed the unit allocation of the NI 31 open-ended mutual fund scheme under Nabil Mutual Fund.

Out of 2.5 crore units priced at Rs. 10 per unit, 1.5 crore units were issued in the first phase. Of these, 37.5 lakh units were reserved for the fund manager, while 1.125 crore units were offered to the public from 2082/04/30 to 2082/05/03.

The allocation was conducted on 2082/05/16 at Nabil Investment Banking Limited, Naxal, Kathmandu, in the presence of representatives from Nabil Bank, CDS & Clearing Ltd., the scheme manager, a professional IT service provider, and public investors.

Investors can check the allocation results on iporesult.cdsc.com.np, and further inquiries can be made via the company’s contact numbers 4511604 and 4511733.