Public Issue of "NIC ASIA Equity Opportunity Fund" Mutual Fund Scheme Closing From Today
Tue, Sep 29, 2026 10:07 AM on Mutual Fund, Highlight News,
NIC Asia Capital Limited is closing the issue of its mutual fund scheme "NIC ASIA Equity Opportunity Fund" to the general public today, 13th Ashwin, 2083. The issue opened on the 7th Ashwin, 2083.
Out of 8 crore unit shares, 15%, i.e., 1,20,00,000 crores worth Rs. 12 crores have been allocated to the scheme manager, NIC Asia Bank Limited. The remaining 6,80,00,000 crores units worth Rs. 68 crores will be issued to the general public and institutions.
According to CDSC, 39,346 applicants have applied for 7,09,68,100 units worth Rs. 70.96 Crores so far.
"The 10-year closed-end fund is the sixth such scheme of NIC ASIA Capital. Most of the funds raised will be invested in companies listed on the secondary securities market after research into their growth potential and prospects for future returns. Applicants can apply for a minimum of 100 units to a maximum of 1,00,00,000 units.
