Citizens Mutual Fund goes to the floor with its second Mutual Fund Scheme Citizens Mutual Fund-2; total 8.50 crore unit out for the grab with Jestha 13 as closing date

Citizens Mutual Fund has floated its second mutual fund scheme Citizens Mutual Fund -2 worth of 8.50 crore units into the market for general public. The issuance will keep open for grab from Jestha 9 to Jestha 13, 2076 which could be extended if the issue remains unsubscribed within the stipulated time.

The interested investors can apply for the mutual fund via any ASBA member banks and financial institutions and also from online meroshare application portal. The application should range between minimum 100 unit to maximum 2 crore units.

As other mutual fund schemes, the upcoming scheme provides benefits like low investment risk, can be performed with little seed money of Rs 1,000, can be traded later in NEPSE for liquidity purpose and so on.

Citizen Mutual Fund II opens from tomorrow; Information you ought to have before making an investment