Yet another Mutual Fund to hit market soon; CMF-2 worth Rs 1 arba got final approval from SEBON
Mon, Apr 22, 2019 6:05 AM on Latest, Mutual Fund,
Security Board of Nepal (SEBON) has provided final approval to another mutual fund scheme, Citizens Mutual Fund-2 (CMF-2), which will be managed by CBIL Capital Limited and sponsored by Citizens Bank International Limited.
The total size of the new scheme is Rs.1 Arba which will be raised through 10 crore units of Rs.10 each.
CBIL Capital Limited is already managing Citizens Mutual Fund-1 worth Rs 82 crore and its falgun end NAV is Rs 10.63.
Also see: Mutual Funds and their latest NAVs
.png)
