Global IME Capital Limited has launched a 10-year closed-end mutual fund, Global IME Advanced Plan 2, issuing 12 crore units worth Rs. 120 crore starting from Asar 22.
Global IME Capital Limited has introduced the Global IME Advanced Plan 2 by issuing 12 crore units to the public starting today, Asar 22. Priced at Rs. 10 per unit, this plan is a 10-year closed-end mutual fund with a total value of Rs. 120 crore.
Out of the total units, 1.5% (18 lakh units) have been allocated to the plan manager, Global IME Capital, and 13.5% (1 crore 62 lakh units) reserved as seed capital. The remaining 10 crore 20 lakh units are open for public subscription.
Applicants can apply for a minimum of 100 units and a maximum of 1 crore 20 lakh units. The application deadline is Asar 25 but may be extended until Shrawan 4 if the full units are not sold.
Global IME Capital is serving as the plan’s sales manager. Applications can be submitted through C-ASBA service-enabled banks and financial institutions or online via the ‘Mero Share’ platform.
For this mutual fund plan, ICRA Nepal has assigned an ICRA NP Issuer Rating of A-, while the plan manager has received an IRN AMC Quality 3+ rating from Infomerics Credit Rating.
This article was originally published on https://bajarkochirfar.com Translated with the help of AI and reviewed by our editorial team.
