NEPSE lists 12.50 crore units of Nabil Equity Fund

Nepal Stock Exchange (NEPSE) has listed 12,50,00,000 units of Nabil Equity Fund (NEF) today (Magh 10, 2073). Trading of the shares will commence after 7 days. Nabil Equity Fund is a 7 years closed-end mutual fund scheme with a fund size of Rs 1.25 arba. The fund is managed by Nabil Investment Banking Limited, a wholly owned subsidiary of Nabil Bank. Its Net Asset Value as of January 20, 2017 stood at Rs. 9.81 (which is less than the par value of Rs 10).