Public Issue of "Mega Mutual Fund 1" Open from Bhadra 04
Sun, Aug 15, 2021 11:29 AM on Latest, Mutual Fund,
Mega Capital Markets Limited has published an offer letter to issue the "Mega Mutual Fund 1." The issue will open on 4th Bhadra and close on 10th Bhadra, 2078. If not subscribed fully by the early closing date, the issue can be extended till Bhadra 18.
10 crore units will be issued at a par value of Rs. 10 per unit. 15% of the total units have been allocated to the fund promoter Mega Bank.
"Mega Mutual Fund 1" is a closed-end fund, meaning it can be traded in NEPSE. The fund has a maturity period of 10 years. Applicants can apply for a minimum of 100 units to a maximum of 1 crore units.
