Kumari Equity Fund sold 53 percent units on the second day

Kathmandu. 53% of the total units of Kumari Equity Fund sold by Kumari Capital have been sold.

According to Capital, 53 percent of the total units have been sold from 49,550 applicants by Sunday evening, according to Capital COO Pushpa Sharma.

Capital has sold 8 crore units worth Rs 80 crore at a face value of Rs 10 per unit since 14th of Magh.

The fund has secured 15 percent unit fund promoter Kumari Bank and is about to sell the remaining 6 crore 80 lakh units to the public. The fund has a minimum of 100 to 8 lakh units to apply.