NIC ASIA Growth Fund and Citizen Mutual Fund -1 extend the deadline.
NIC ASIA Growth Fund and Citizen Mutual Fund-1 both extend their closing date.Both the capitals have issued its scheme to the public from Magh 2, 2074. As the fund size of Rs 1 billion has not been fully subscribed, capitals have decided to extend closing date until next notice.
As per the offer letter, NIC can extend its date till 21st Magh whereas citizen can extend till 17th Magh.
Both Mutual funds have maturity period of 7 years and will have a fund size of Rs 1 billion.