NIBL Samriddhi Fund - 1 Request Unit-holders To Update Bank Account

Fri, Jul 1, 2022 12:38 PM on Latest, Mutual Fund,

NIBL Samriddhi Fund-1 (NIBSF1) has been refunding money to unit holders from Chaitra 13, 2078 and has urged its investors to dematerialize their bank and Demat account.

The 7-year, closed-end mutual fund scheme managed by NIBL Ace Capital Limited and promoted by Nepal Investment Bank Limited matured on Poush 22, 2078. For unitholders who have authenticated their bank accounts on their respective Demat accounts, their portion of the investment fund has been deposited, starting from Chaitra 13.

The fund manager NIBL Ace Capital has requested unitholders to authenticate their bank accounts on the Demat accounts if they haven't done so yet. Unitholders who still hold physical ownership certificates and those who wish to transfer ownership should contact the fund manager NIBL Ace Capital's office in Lazimpat. The unitholders should present their original ownership certificate along with their bank details, proof of identity, and an application as directed by the fund manager.