Public Issue of "HLI Large Cap Fund" Mutual Fund Scheme Opening From Today

Sun, Aug 31, 2025 7:03 AM on Latest, Mutual Fund,

Himalayan Life Insurance Limited is opening the issue of the "HLI Large Cap Fund," a closed-end mutual fund scheme. The issue will open from today, i.e., on the 15th Bhadra and close on the 18th Bhadra, 2082. If not subscribed to fully by the early closing date, the issue can be extended till Bhadra 29.

Out of 40 crore unit shares, 50%, i.e., 20 crores units worth Rs. 2 Arba have been allocated to the scheme manager, Himalayan Life Insurance Limited. The remaining 20,00,00,000 units worth Rs 2 Arba will be issued to the general public and institutions.

"HLI Large Cap Fund" is a closed-ended fund. Applicants can apply for a minimum of 100 units to a maximum of 4,00,00,000 units.