Employees of Nepalese Franchisee of KFC, Pizza Hut, and Cream Bell to Invest in NIBL Sahabhagita Fund

Thu, Jul 1, 2021 10:49 AM on Latest, Mutual Fund, Stock Market,

NIBL Ace Capital Limited, a Fund Manager and Depository of NIBL Mutual Fund, has signed a Memorandum of Understanding (MoU) with Devyani International Nepal Pvt. Ltd. (franchisee company of KFC, Pizza Hut & Cream Bell Ice Cream in Nepal) for Systematic Investment Plan (SIP) of NIBL Sahabhagita Fund under Corporate Payroll SIP.

Under this plan, the employees of Devyani International Nepal PVT Ltd. shall invest a certain portion of their salary on monthly basis in NIBL Sahabhagita Fund through the SIP.

The MoU was signed between Mr. Ritu Raj Shah, Deputy General Manager on behalf of Devyani International, and Mr. Sachindra Dhungana, Assistant General Manager on behalf of NIBL Ace Capital on Tuesday, 29th June 2021 at the premise of NIBL Ace Capital Ltd.