At NIBL Ace Capital we intend to follow a disciplined and process oriented investment approach for mutual fund to help investors achieve their financial goals.
Features
| Fund Name | NIBL Mutual Fund |
| Scheme Name | NIBL Pragati Fund |
| Scheme Type | Closed-end |
| Fund Size | NRs. 750 Million |
| NFO Price per Unit | NRs. 10 |
| Approval Date | 25/07/2073 BS (10/11/2016 AD) |
| Allotment Date | 27/09/2073 BS (11/01/2017 AD) |
| Maturity | 7 years |
| Maturity Date | 26/9/2080 BS (11/01/2024 AD) |
| NAV | Pragati Fund |
| Withholder PAN NO | 201387476 |
Asset Allocation
This scheme under NIBL Mutual Fund will invest in a combination of or in all the following instruments as stipulated by Rule 34 of the prevailing Mutual Fund Regulation:
- Securities registered with SEBON
- Securities called for public offering
- Securities listed in the Nepalese Stock Exchange
- Bank Deposits
- Money Market instruments
- Other areas prescribed by SEBON
- Debentures, Treasury 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
Fund Sponsor
Nepal Investment Bank Limited
Corporate Office: Durbar Marg, Kathmandu, Nepal
Fund Manager & Depository
NIBL Ace Capital Limited
(Wholly owned subsidiary of Nepal Investment 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