Kathmandu, Oct. 20
NIBL Ace Capital Ltd., a subsidiary of Nepal Investment Bank Limited,
has launched the online purchase platform for its open-ended mutual fund, NIBL
Sahabhagita Fund.
NIBL Sahabhagita Fund is the first ever open-ended mutual fund scheme
after the enactment of the mutual fund regulation, 2067.
Investors began investing in the scheme through online platform starting
from Sunday, October 18.
This will be a hassle-free platform offered by the Fund Manager to its
potential clients, said the company.
It has expressed hope that the new facility would help the investors
during the pandemic period as well.
The Fund Manager also believes that the online system would be user-friendly,
said the company.
Published in The Rising Nepal daily on 21 October 2020.
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