Agreement Signed with Muktinath Bikash Bank and Goodwill Finance Limited as distribution agents of NIBL Sahabhagita Fund

NIBL Ace Capital Limited, Nepal’s one of the leading merchant banking company and a wholly owned subsidiary of Nepal Investment Bank Limited has signed an agreement with Muktinath Bikash Bank and Goodwill Finance Limited. The agreement was signed by DCEO of NIBL Ace Capital Mr. Mekh Bahadur Thapa with ADCEO of Muktinath Bikash Bank, Mr.Til Prasad Gurung and CEO of Goodwill Finance Limited Mr. Saroj Kaji Tuladhar.

NIBL Ace Capital has been operating an open ended mutual fund i.e. “NIBL Sahabhagita Fund” which is the first open ended scheme of the country. The Scheme has been investing its fund in the Securities that are listed in NEPSE and other instruments stipulated in the mutual fund regulation. The fund also provides three major investment options namely: Systematic Investment Plan (SIP) at just Rs.1000, Systematic Withdrawal Plan (SWP) and Dividend re-investment Plan (DReP).

Inorder, to expand the reach of the scheme and provide convenience to the investors, NIBL Ace Capital has signed an agreement with Muktinath Bikash Bank Limited and Goodwill Finance Limited as authorized distribution agents for re-purchase/redemption of the units of scheme. However, the exact distribution centers (branch location) will be published in the further notice. As of now, the fund can be easily purchased without any entry fee from the premises of NIBL Ace Capital Limited, Uttardhoka, Lazimpat, and selected branches of NIBL which can be viewed in the following link: https://niblcapital.com/notice/notification-regarding-the-distributor-purchase-sales-center-of-nibl-shahabhagita-fundesignated/