Trading of Nabil Equity Fund starts in NEPSE

Trading of Nabil Equity Fund has been started in Nepal Stock Exchange from today (Magh 19, 2073). As per the notice published in NEPSE today, the open range is set with range from Rs 10 – Rs 10 for the first transaction. The symbol has been set as NEF. Nabil Equity Fund is a 7 years closed-end mutual fund scheme with a fund size of Rs 1.25 arba. The fund is managed by Nabil Investment Banking Limited, a wholly owned subsidiary of Nabil Bank. Its Net Asset Value as of January 27, 2017 stood at Rs. 9.72.