NIC ASIA Growth Fund and Citizens Mutual Fund-1 listed in Nepse
Nepal Stock Exchange has listed units of 2 mutual funds namely, NIC ASIA Growth Fund and Citizen Mutual Fund-1 . The two scheme of equal fund size went for a public issue at the same time. And eventually both were undersubscribed, resulting a contraction in their fund size.
NIC ASIA Growth fund now has a fund size of Rs 83.52 crores similarly Citizen Mutual Fund-1 has a corpus of Rs 82 crores. The initially issued units are listed in the stock exchange today and will soon be transferred to respective demat accounts.
Checkout the latest NAV of both Mutual Funds here :
http://nepsekhabar.com/mutual-fund-nav