KATHMANDU, Feb 14: The unit of Garima Bikas Bank’s mutual fund “Garima Samriddhi Yojana’ has been listed on the Nepal Stock Exchange (NEPSE).
According to the agreement reached between NEPSE and Garima Capital on Thursday, the units of the Garima Samriddhi Yojana have been listed.
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NEPSE has stated that 125 million units of the Garima Samriddhi Yojana, priced at Rs 10 per unit, have been listed. The units of the Yojana will be traded in the secondary market from Sunday.
Garima Samriddhi is a closed-end fund with a duration of 10 years.