"NIC Asia Select-30 (Index Fund)" To Open for Application From Ashar 10
Tue, Jun 15, 2021 2:04 PM on IPO/FPO News, Mutual Fund, IPO/FPO Result News, Latest,
NIC Asia Capital Limited has published an offer letter to issue the "NIC Asia Select-30 (Index Fund)." The issue will open on 10th Ashar and close on 14th Ashar, 2078. If not subscribed by the early closing date, the deadline can be extended till Ashar 24.
15% of the total 10 crores units issue will be allocated to the fund promoter NIC Asia Bank. The remaining 8.50 crore units will be open for the public issue. Given that each unit has a par value of Rs. 10, the fund is worth Rs. 1 Arba.
Applicants apply for a minimum of 100 units to a maximum of 1 crore units.