Three Mutual Investment Schemes by NMB Mutual Fund
Sept. 23, 2015, 6:27 a.m.
Kathmandu, June 23. NMB Mutual Fund to bring three Mutual Investment Scheme based on different risks factor.NMB Hybrid Fund L1, NMB Hybrid Fund H1, and NMB Hybrid Fund M1 are three different types of mutual fund schemes. Through these schemes, NMB is planning to issue mutual fund units worth Rs. 128 million.
According to Mr. Shreejesh Ghimire, CEO of NMB capital, these schemes are in process of approval in Security Board of Nepal, SEBON and might take 2 months before they hit the market. Management of these Schemes will be under NMB capital which is also a subsidiary company of NMB bank.
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