Funds

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Mutual Funds shouldnot get any quota in IPO

I don’t know why Nepal has this weird rule. Mutual funds are institutional players not some marginalized group. Giving them quota only ruined the market rather than actually doing any good. If lock-in period on MF’s IPO was not introduced, HRL would have been trading at 250-300 range.. may be below IPO price. Also, IPO

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NEPSE NEWS

NEPSE Index Soars by 1.80% in Today’s Trading Session: Highlights of Positive Market Momentum

The Nepal Stock Exchange (NEPSE) Index demonstrated a substantial increase of 36.57 points, equivalent to 1.80%, compared to the previous day’s closing, settling at 2,059.49 points. This positive shift follows a downturn of 26.36 points in the preceding trading session. The day commenced with the index opening at 2025.89, registering an intraday low of 2,025.62,

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NEPSE NEWS

Prabhu Capital’s mutual funds announce an increase in Net Asset Value (NAV) and net profit for the month of Mangsir

“Prabhu Select Fund (PSF)” has released its Net Asset Value (NAV) report for Mangsir, showcasing an increase from Rs. 9.57 to Rs. 10.20 in the fiscal year 2080. This 7-year closed-end scheme, initially starting with a fund size of Rs. 1.25 Arba, has invested in listed shares, public issues, right shares, bonus shares, fixed deposits,

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