Kamal Citizens Capital Limited, a subsidiary of Citizens Bank International Ltd., has announced the public issuance of its open-ended mutual fund named Citizens Sadabahar Yojana. This issuance is done according to the Securities Act, 2063 and the Mutual Fund Regulations, 2067 of Nepal.
Fund Details
| Particular | Information |
|---|---|
| Fund Name | Citizens Sadabahar Yojana |
| Fund Type | Open-ended Mutual Fund |
| Promoter | Citizens Bank International Ltd. |
| Fund Manager & Depository | Citizens Capital Ltd. |
| Total Units Offered | 5 crore (50,000,000) units |
| Unit Price | NPR 10 per unit |
| Seed Capital Reserved | 75 lakh units (NPR 7.5 crore) reserved for the promoter |
| Units Available for Public | Minimum 4.25 crore (42,500,000) units |
| Minimum Application | 100 units |
| Maximum Application | 50 lakh (5,000,000) units |
| Early Closing Date | Ashad 17, 2082 (Friday) |
| Extended Closing Date | Ashad 27, 2082 |
Application Process
Interested investors can apply for the mutual fund units through the following methods:
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Offline Submission
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Through C-ASBA-approved banks and financial institutions, and their branches.
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Online Submission
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Through the Mero Share platform: www.meroshare.cdsc.com.np
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Where to Get the Prospectus?
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Citizens Capital Ltd. – Batooleghar, Dillibazar, Kathmandu
Website: www.citizenscapital.com.np -
Citizens Bank International Ltd. – Durbar Marg, Kathmandu
Website: www.ctznbank.com -
Securities Board of Nepal (SEBON)
Website: www.sebon.gov.np -
Mero Share Platform
Website: www.meroshare.cdsc.com.np
Important Notes for Investors
- The issuance is officially open from Ashad 13, 2082.
- Investors are encouraged to read the official prospectus carefully before applying.
- Investment in mutual funds involves some level of risk, and decisions should be made at the applicant’s own discretion.
For More Information
If you want to learn more about this public offering, you can refer to the detailed notice published on Ashad 5, 2082, in the Nagarik Daily or visit the website of Citizens Capital Ltd.
Contact Details:
- Citizens Capital Ltd.
- Batooleghar, Dillibazar, Kathmandu, Nepal
- Phone: 4517723 / 4517457
- Email: [email protected]
- Website: www.citizenscapital.com.np
Conclusion
Citizens Sadabahar Yojana presents a new investment opportunity for the general public through its open-ended mutual fund structure. With a strong promoter and experienced fund manager, this fund aims to offer long-term returns for investors seeking steady income and portfolio diversification.
Notice: Citizens Sadabahar Yojana Mutual Fund: Public Offering Extended Until Ashad 27, 2082
