The unit sale of the ‘Machhapuchchhre SIP Plan’ under the MBL Mutual Fund has officially begun today (Saturday). Machhapuchchhre Bank is the promoter, while Machhapuchchhre Capital is the scheme manager. In the first phase, the scheme has opened the sale of 20 million units.
Key Highlights
- Total Issue Size: 50 million units
- Units Offered in First Phase: 20 million units
- Promoter Quota (15%): 7.5 million units
- Machhapuchchhre Bank: 7 million units
- Machhapuchchhre Capital: 0.5 million units
Application Details
- Minimum Application: 100 units
- Maximum Application: 2 million units
- Where to Apply?
Applications can be submitted through licensed banks and financial institutions approved by the Nepal Securities Board.
Sale Closing Dates
- Earliest Closing: December 2 (Mangsir 17)
- Latest Closing: December 13 (Mangsir 28), within banking hours
Machhapuchchhre Capital is serving as the issue and sales manager for this scheme.
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