Public Issue "NIC ASIA Equity Linked Investment Scheme" Mutual Fund Scheme Closing Today
Thu, Aug 28, 2025 8:16 AM on Latest, Mutual Fund,
NIC Asia Capital Limited is closing the issue of its mutual fund scheme "NIC ASIA Equity Linked Investment Scheme" to the general public today, 12th Bhadra, 2082. The issue opened on the 29th Shrawan, 2082.
Out of 10 crore unit shares, 15%, i.e., 1.50 crore units worth Rs. 15 crore, have been allocated to the scheme manager, NIC Asia Bank Limited. Out of 8,50,00,000 units, the remaining 5,00,00,000 units worth Rs 50 Crore will be issued to the general public and institutions.
According to CDSC, 86,514 applicants have applied for 6,17,06,400 units worth Rs. 61.70 Crores so far. This data is as of 5 p.m. yesterday.
"NIC ASIA Equity Linked Investment Scheme" is an open-ended fund. Applicants can apply for a minimum of 100 units to a maximum of 1,00,00,000 units.
