Saturday, January 18, 2025

Elite launches 'Doctors PMS' service

 Kathmandu, Jan. 16

Elite Capital Limited has launched a special scheme called ‘Doctors PMS’ under its Investment Management Services. The merchant banker company informed in a statement that the initiative is designed to assist healthcare professionals in navigating and investing in the stock market.

According to Omkar Mani Acharya, Chief Business Officer of the company, the scheme requires a minimum investment of Rs. 500,000 or an equivalent value in shares.

The service is offered with no annual service charge but profits generated from investments will be distributed on a 90-10 basis, with 90 per cent allocated to investors and 10 per cent to Elite Capital. "Investors can withdraw their profits on a quarterly basis or at their convenience, and there is no upper limit on the amount they can invest," read the statement.

As part of the scheme, healthcare professionals and their families will receive complimentary Demat accounts and access to the Mero Share service, as well as free insurance coverage.

The company also informed that participants will have access to free training on stock market investment and complimentary consultation services. The scheme is open to doctors and all professionals affiliated with healthcare institutions.

 Published in The Rising Nepal daily on 17 January 2025. 

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