NMB Sulav Investment Fund-1 in final stage of liquidation; Urges unit holders to update account and collect cheques from 2072/73

NMBSF-1 is a 5 years closed-end mutual fund scheme sponsored by NMB Bank and managed by NMB Capital. The fund had matured on Kartik 02, 2076.

According to the law, the matured fund should liquidate all its holding within three months and then distribute the amount among the unitholder in the ratio of their respective holdings.

In regards to that, the fund has published a notice today urging its unit holders to update bank information in their demat account to receive amount. Similarly, for those who have dematerialized the shares yet, the unitholders have to visit NMB Capital with three-generation details and an application of physical ownership of the units to get the amount.

Similarly, unit holders who haven't yet collected the account payee cheque of cash dividend distributed in 2072/73 are also requested to collect their cheques. Likewise, those who have pledged their units have to immediately submit the paper regarding release of the units.

Announcement