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Public Issue of "Muktinath Mutual Fund 2" Mutual Fund Scheme Closing From Today

Rohan PoudelBy Rohan Poudel

Muktinath Capital Limited is closing the issue of its mutual fund scheme "Muktinath Mutual Fund 2" to the general public today, 6th Ashwin, 2083. The issue opened on the 1st Ashwin, 2083. Out of 10 crore units, 13%, i.e., 1,30,00,000 units worth Rs. 13 crore, have been allocated to the scheme manager, Muktinath Bikas Bank Limited, and 2%, i.e., 20,00,000 units worth Rs. 2 crore, have been allocated to the fund sponsor, Muktinath Capital Limited. The remaining 8,50,00,000 units worth Rs 85 crore will be issued to the general public and institutions. According to CDSC, 1,24,830 applicants have applied for 4,81,10,370 units worth Rs. 48.11 Crores so far. "Muktinath Mutual Fund 2" is closed-ended. Applicants can apply for a minimum of 100 units to a maximum of 1,00,00,000 units.

Rohan Poudel

Rohan Poudel

Rohan is a Full Stack Developer and the technical architect behind Nepali Share Market. With expertise in React, Node.js, and Machine Learning, he specializes in building scalable financial platforms and automated trading algorithms for the NEPSE ecosystem.

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