The public offering for the LS Horizon 12 Mutual Fund Scheme has started today, 30th Baishakh, 2083. This scheme will be offered by LS Capital Ltd., and the offer will last until 4th Jestha, 2083. If an offer remains unsold on the early close date, the date can be extended until 13th Jestha, 2083.
A total of 12 crore units have been issued through the plan with each unit having a face value of Rs. 10. Fifteen percent, which totals 1.80 crore units valued at Rs. 18 crores, have been reserved for the scheme manager, Laxmi Sunrise Bank Limited. The balance 10.20 crore units valued at Rs. 1.02 Arba will be offered to the public.
The LS Horizon 12 Mutual Fund Scheme is a closed-end mutual fund scheme. An investor may apply for the purchase of at least 100 units up to a maximum of 1,20,00,000 units through MeroShare and ASBA authorized banks/financial institutions.
Mutual fund schemes have been increasingly popular amongst the Nepali investing community in recent times, as more people seek professional management of their funds. The introduction of new schemes such as the LS Horizon 12 is thought by market analysts to be a response to the growing interest of retail investors in the Nepali stock market.
The investor is recommended to analyze the scheme details before investing.
Stay tuned to NepseTalk for the latest news.
लोड हुँदैछ...
0 Comments