NEPSE lists 13 crore units of Sanima Equity Fund

Nepal Stock Exchange (NEPSE) has listed 13 crore units of Sanima Equity Fund. Now, the unit holders of the fund can trade after receiving the units in their Demat account. Listing of units of Sanima Equity Fund 13,00,00,000 units of Sanima Equity Fund has been listed for trading. Although Sanima Equity Fund had floated its public issue of 12 crore unit shares worth Rs 1.20 arba, the fund size was increased by Rs 10 crore to Rs 1.30 arba. It had floated public issue from Mangsir 21, 2074 to Mangsir 22, 2074. Around 15% units was reserved for Sanima Bank. Sanima Equity Fund is a closed-end 7-years equity oriented mutual fund scheme with fund size of Rs 1.30 arba. The mutual fund is managed by Sanima Capital Limited and Sanima Bank Limited is its fund sponsor.