Applications Open For Machhapuchhre Bank’s Mutual Fund Applications have been opened for the MBL Equity Fund, which will be operated under the fund promotion of Machhapuchhre Bank.
A total of 120 million units of the fund are about to be issued. In which, after separating the fund promoter bank and the scheme manager Machhapuchhre Capital, the remaining 102 million units have been issued publicly.
Applications can be made for a minimum of 100 units in a mutual fund with a face value of Rs 10. This closed-end scheme will be listed and traded in the market.
Applications can be made through the online system MeroShare. The earliest is Falgun 26 and if all the units are not sold by that period, applications can be made by Chaitra 7.
