Himalayan Life Insurance Promoted "HLI Large Cap Fund" to Issue 20 Crore Units Mutual Fund Scheme to General Public From Bhadra 15
Fri, Aug 22, 2025 12:44 PM on Mutual Fund, Highlight News,
Himalayan Life Insurance Limited has published an offer letter to issue the "HLI Large Cap Fund" closed-end mutual fund scheme. The issue will open from the 15th Bhadra to the 18th Bhadra, 2082. If not subscribed to fully by the early closing date, the issue can be extended till Bhadra 29.
Out of 40 crore unit shares, 50%, i.e., 20 crores units worth Rs. 2 Arba have been allocated to the scheme manager, Himalayan Life Insurance Limited. The remaining 20,00,00,000 units worth Rs 2 Arba will be issued to the general public and institutions.
"HLI Large Cap Fund" is a closed-ended fund. Applicants can apply for a minimum of 100 units to a maximum of 4,00,00,000 units.
