‘’Kumari Sunaulo Yojana’’ Mutual Fund Scheme is Opening today

‘’Kumari Sunaulo Yojana’’ Mutual Fund Scheme is Opening today

Kumari Capital Limited is opening the issue of its new mutual fund scheme, “Kumari Sunaulo Yojana”, which will run from 9th Chaitra to 13th Chaitra, 2079.

If not fully subscribed by the early closing date, the issue can be extended until Chaitra 23.

The scheme has a total of 10 crore unit shares, of which 5 crore units will issue in the first phase at a par value of Rs. 10 per unit. 15% of the units, or 1.50 crore units worth Rs. 15 crores, have allocat to the fund promoter Kumari Bank Limited.

The remaining 3.5 crore units will be available for the general public to apply for from 9th Chaitra.

Kumari Sunaulo Yojana” is an open-end fund, meaning it cannot be traded in NEPSE and has no fixed maturity period. Investors can apply for a minimum of 100 units and a maximum of 50,00,000 units.

Kumari Capital Limited is already managing two closed-end funds, Kumari Equity Fund (KEF) and Kumari Dhanabriddhi Yojana (KDBY), in the market.

Kumari Capital Limited is opening the issue of its new mutual fund scheme, “Kumari Sunaulo Yojana“, which offers investors the opportunity to invest in the fund with a minimum application of 100 units.

It already has two closed-end funds in the market, Kumari Equity Fund (KEF) and Kumari Dhanabriddhi Yojana (KDBY).

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