SEBON Approved Muktinath Capital's Mutual Fund Scheme ; "Muktinath Mutual Fund 2" To Issue 10 Crore Mutual Fund Units

The Securities Board of Nepal (SEBON) has approved the "Muktinath Mutual Fund 2" worth Rs 1 arba on Bhadra 10, 2083. This is a closed-end 10 year mutual fund scheme that will be floating 10 crore units each share at a par value of 10 per share. The sponsor of the fund is Muktinath Bank Limited, while the fund manager is Muktinath Capital Limited. As of now, Muktinath Capital is managing one closed-end funds in the market.