Opening Today: “RBB Mutual Fund 2” Mutual Fund Scheme

“RBB Mutual Fund 2” Mutual Fund Scheme

The issue of RBB Merchant Banking’s closed-end mutual fund scheme “RBB Mutual Fund 2” will begin today, on Baisakh 17, and close on Baisakh 21, 2080. If the offering is not fully subscribed by the early closing date, it may be extended until Baisakh 31.

15%, or 1.80 crore units, worth Rs. 18 crores, of the 12 crore unit shares have been given to the fund sponsor Rastriya Banijya Bank Limited. The public will receive the remaining 10.20 crore units.

A closed-end fund called “RBB Mutual Fund 2” will be traded on NEPSE. It takes ten years for it to reach maturity. A minimum of 100 units and a maximum of 12,000,000 units may requeste by applicants.

RBB Mutual Fund 1 (RMF1) is the only close-end fund currently being managed by RBB Merchant Banking Limited.

A closed-end fund called “RBB Mutual Fund 2” will be traded on NEPSE. It takes ten years for it to reach maturity. A minimum of 100 units and a maximum of 12,000,000 units may be requested by applicants.

RBB Mutual Fund 1 (RMF1) is the only close-end fund currently being managed by RBB Merchant Banking Limited.

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