Nabil Balance Fund 3 IPO Opened today-How to Apply ?
Nabil Balance Fund 3 IPO Opened today. Investors can apply now for this IPO at Rs. 10 per units. Nabil Investment Banking Limited has issued the Nabil Balance Fund 3. The applicants can apply this IPO from meroshare between Bhadra 25 to Bhadra 29, 2078. If the IPO didn’t fully subscribed by Bhadra 29, 2078, the deadline will be extended up to Ashwin 8, 2078.
Nabil Balanced Fund III is a close-ended nature fund. So, it can be traded in NEPSE. A total of fund maturity period is for 10 years. A total of 10 crore units is the total volume of IPO. Out of total, 14% will be allocated to fund promoter Nabil Bank and 1% will be allocated to its fund manager Nabil Invest. And the remaining 8.5 crores units has been opened for the general public. Applicants can apply for minimum of 100 units and the maximum of 1 crore units for the Nabil Balanced Fund III.
Close ended fund is suitable for those investors who want to take minimum risk. Such an investment is comparatively less risk than secondary market. To ensure the diversification of investment, we need to invest such a fund.
How to apply from mero share for Nabil Balance Fund 3 ?
