NIBL Ace Capital sets open online purchase platform for its first-ever open-ended mutual fund; customers can place a hassle-free purchase order for its NIBL Sahabhagita Fund

Mon, Oct 19, 2020 5:26 AM on Latest, Mutual Fund, Corporate,

NIBL Ace Capital Ltd, a wholly-owned subsidiary of Nepal Investment Bank Limited has launched the online purchase platform for its open-ended mutual fund; NIBL Sahabhagita Fund, the first-ever open-ended mutual fund schemes after the enactment of the mutual fund regulation, 2067.

Investors can invest in the scheme through online platforms starting from today i.e. October 18th, 2020. Considering the current situation this would be a hassle-free platform offered by the Fund Manager to its potential clients. The Fund Manager also believes that the online system would be user friendly.