‘Prabhu Little Champ PMS’ in operation

KATHMANDU: SEPT. 14 – Prabhu Capital has unveiled a child-targeted investment management plan.

The scheme, which was launched on the occasion of Children’s Day, provides services for children from birth to 16 years of age, according to Capital.

Under the scheme, Capital will cover the school expenses of one poor and backward child for one PMS for taking PMS service for grandparents.

Prabhu Capital has started the business with the objective of contributing to society on its behalf. By joining this scheme, targeting the bright future of their children, they can become supportive in social work by joining investment management services.

Capital has launched this scheme under the corporate social responsibility scheme, which will be implemented with the motto of investing for your children and helping children deprived of education in the collaboration with an NGO called Hoste Hainse.

It includes investment period: 5 years, hurdle rate: 8 per cent, annual management fee (AMC): 2 per cent, profit charge: 20 per cent, lock-in period: 5 years, plan before lock-in period: 3 per cent, profit distribution: After the minimum investment period and for the poor and backward children for one year, all the school expenses will be borne by Capital.