At NIMB Ace Capital we intend to follow a disciplined and process oriented investment approach for mutual fund to help investors achieve their financial goals.
Features
| Nature of the Scheme | Closed End Fund |
| Fund Name | NIBL Mutual Fund |
| Scheme Name | NIBL Samriddhi Fund - II |
| Investment Objective | To generate returns by investing in a mix of securities comprising of equity, equity related instruments & fixed income instruments as allowed by prevailing rules/regulations on mutual fund. |
| Corpus | NPR 1.2 Billion Corpus amount may reach a maximum up to NPR 1.5 Billion (25% more) if oversubscribed as allowed by prevailing regulation on mutual fund. |
| New Fund Offer (NFO) Par Value | NPR 10.00 |
| NFO Unit | 120,000,000 Units |
| Minimum Unit to apply | 100 Units |
| Maximum Unit to apply | 10% of Issue Size |
| Issue Open Date | As per prospectus |
| Approval Date | 03/01/2078 BS (16/04/2021 AD) |
| Allotment Date | 24/01/2078 BS (07/05/2021 AD) |
| Maturity | 10 Years from the date of allotment of units |
| Maturity Date | 23/01/2088 BS (07/05/2031 AD) |
| Allotment of Units | The Units will be allotted as per Securities Issues and Allotment Directive 2074 |
| Dividend Payout Strategy | The cash dividend will be pay out from the realized profits in proportion to investments made, retained earnings. |
| Listing | The Units will be listed in Nepal Stock Exchange Ltd. (NEPSE) for trading until the maturity of the scheme. |
| Fund Supervisors Fees | 0.12% of Net Asset Value (NAV) |
| Fund Management Fees | 1.5% of Net Asset Value (NAV) |
| Depository Fees | 0.2% of Net Asset Value (NAV) |
| Withholder PAN NO | 201387492 |
Areas of Investments
Section 8, Clause 34 (1) of prevailing Mutual Fund Regulation allows the following assets class for investment:
- Securities that are registered with SEBON
- Securities called for public offering
- Securities that are listed in Stock Exchange
- Debentures, Treasure Bills and other instruments of money market issued by Government of Nepal or Government
Agencies receiving full guarantee or protection of Government of Nepal or NRB - Bank deposits
- Money Market instruments
- Other areas prescribed by SEBON
Fund Sponsor
Nepal Investment Mega Bank Limited
Corporate Office: Durbar Marg, Kathmandu, Nepal
Fund Manager & Depository
NIMB Ace Capital Limited
(Wholly owned subsidiary of Nepal Investment Mega Bank Ltd.)
Head Office: Uttar Dhoka, Lazimpat, Kathmandu, Nepal
Fund Supervisors
The Fund Sponsor has appointed the following prominent professionals as the Fund Supervisors of NIBL Mutual Fund.
- Dr. Bimal Prasad Koirala
- Dr. Shambhu Ram Simkhada
- Dr. Durgesh Man Singh
- CA. Jitendra Bahadur Rajbhandary
- Mr. Raju Nepal
For More Info
To know more about the NIBL Samriddhi Fund – II, please fill in this form or call us at following numbers.
+977-1-4525280
Ext no.: 432 & 411
