Garima Mutual Fund launches Rs 1 billion ‘Garima Samriddhi Scheme’

KATHMANDU: Garima Mutual Fund, promoted by Garima Bikas Bank Limited as the Fund Sponsor and managed by Garima Capital Limited as the Fund Manager, has launched its first close-ended scheme, ‘Garima Samriddhi Yojana,’ worth Rs 1 billion.

The scheme, approved by the Securities Board of Nepal (SEBON), has been opened for public issuance starting today.

Below are the key details of the Garima Samriddhi Scheme:

The company has stated that investors can apply for unit purchases through Mero Share and all banks and financial institutions offering C-ASBA services.