Kumari Capital’s Fourth Mutual Fund Scheme "Kumari Sabal Yojana" Worth Rs 1 Arba Added in SEBON Pipeline

Securities Exchange Board of Nepal (SEBON) has recently added "Kumari Sabal Yojana", under preliminary review in the latest list of mutual fund scheme pipeline status published.

Kumari Sabal Yojana will have a fund size of Rs. 1 Arba divided into 10 Crore units, having par value of Rs.10 per unit. The application was sent to SEBON on Bhadra 29. Kumari Capital is the fund manager of the mutual fund scheme. Whereas, Kumari Bank is the Fund Sponsor of this scheme.

Kumari Capital Limited currently manages two closed-end mutual fund schemes "Kumari Equity Fund (KEF)" and "Kumari Dhanabriddhi Yojana (KDBY)". Also, Kumari Sunaulo Lagani Yojana of Rs 50 crore size fund is in the final approval stage in SEBON.