In the most recent list of mutual fund scheme pipeline status published by the Securities Exchange Board of Nepal (SEBON), “NI 31” has recently been added under preliminary review. The fund size for NI 31 will be Rs. 15 crores divided into 1.5 crore units with a par value of Rs.10 per unit. On […]
Today’s gold price has fallen by Rs. 600 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 108,600 per tola. Yesterday, the rate remained unchanged at Rs. 109,200 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 108,100. In contrast, the
The “Mega Mutual Fund 1 (MMF1)” NAV report for the month of Falgun has been released. “Mega Mutual Fund 1” is a closed-end fund with a 10-year maturity period. The fund size for the initial issue was Rs. 1.25 Arba. The fund has invested Rs. 83.86 crores in Falgun’s listed shares. Non-listed shares were worth
Today’s gold price has risen by Rs. 500 in the domestic market. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 108,500 per tola. Yesterday, the rate remained unchanged at Rs. 108,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 108,000.
The existing promoters of Prime Commercial Bank Limited are auctioning off 9,00,000 units of promoter shares to the general public from the 21st Chaitra to the 29th Chaitra, 2079. A total of 9,00,000 promoter shares will be auctioned off. Individual investors, businesses, and institutions can all bid in an auction. The minimum bid is Rs.
Insurance companies are competing with one another to collect more premiums. Out of its 1.4 crore total active insurance policies, life insurance companies collected a total premium of Rs. 93.75 Arba during the fiscal year 2079/80. According to a report published by the Nepal Insurance Authority, Nepal Life Insurance Company Limited collected Rs. 24.37 Arba
On Chaitra 05, 2079, the Securities Board of Nepal (SEBON) authorized the “11% Mahalaxmi Debenture 2089.” Mahalaxmi Bikas Bank Limited (MLBL) plans to issue 10 lakh unit debentures at Rs 1000 per unit. During a period of ten years, the bank will give an interest rate of 11% on the debenture. Out of the total
From today, 14th Chaitra, 2079, the promoter shareholder of Siddhartha Bank Limited (SBL) is auctioning 114,813 units of shares to existing promoter owners. SBL unit promoter shares worth 114,813 will be auctioned off. Only existing promoters are entitled to bid on the auction within 35 days after its publication, on the 14th Chaitra. Shareholders should
Today’s gold price has dropped by Rs. 1000 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 108,000 per tola. Yesterday, the tariff remained unchanged at Rs. 109,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 107,500. In contrast, the
. The financial highlights for the month of Falgun have been published by NIC Asia Balanced Fund (NICBF), a 10-year close-end mutual fund scheme managed by NIC Asia Capital. The period’s NAV was Rs. 10.73, which was lower than the previous month’s NAV of Rs. 11.26. The scheme started with a Rs. 75.50 crore
Through its sub-provincial office in Nawalparasi, NIC ASIA Laghubitta has organized a rally program to commemorate Global Money Week 2023 in Parasi. According to the media statement, the event was led by the Parasi Laghubitta Employee Forum, and participants carried placards for financial awareness.
Today’s gold price has risen by Rs. 800 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 109,800 per tola. Yesterday, the rate remained unchanged at Rs. 109,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 109,300. In contrast, the
