Public Issue and Sale of Units of HLI Large Cap Fund Open

Kathmandu — The HLI Large Cap Fund, operated under Himalayan Life Insurance Mutual Fund, has opened its public issue and unit sales. The fund has issued a total of 100 million units worth Rs. 10 billion.

Out of this, 80 million units have been allocated for the general public, while the remaining 20 million units will be subscribed by the fund promoter, Himalayan Life Insurance Limited, and other parties.

Investors can apply for a minimum of 10 units and a maximum of 8 million units through the C-ASBA (Centralized ASBA) system.

The closing date for applications is set for Bhadra 25, 2082 (till banking hours), unless the issue is closed earlier by public notice.

The fund is managed by Himalayan Investment Banker Limited.