ICRA Nepal Upgrades NMB Capital’s Fund Management Rating to AMC Quality 2+

ICRA Nepal Limited has upgraded the fund management quality rating (FMQR) of NMB Capital Limited to [ICRANP] AMC Quality 2+ from the previous AMC Quality 2, indicating an improved level of confidence in the company’s management quality.

The AMC2+ rating signifies a high level of assurance in fund management practices, placing NMB Capital in a stronger position within its rating category. ICRA Nepal clarified that the rating reflects only management quality and does not comment on statutory compliance, financial performance, or future returns of schemes.

ICRA Nepal’s rating scale ranges from AMC1 (highest assurance) to AMC5 (lowest assurance), with a “+” sign indicating a relatively better standing within a given category.