Himalayan Life Insurance’s HLI Large Cap Fund was originally open for applications from Bhadra 15 to Bhadra 18. Investors who missed this period now have another chance, as the fund has extended the deadline.
The fund manager, Himalayan Investment Banker, said applications can now be submitted until Bhadra 29. If demand exceeds the available units, the fund may close applications before this extended date. The fund has a total of 40 crore units. Half of these, 20 crore units, are reserved for the fund promoter, Himalayan Life Insurance. The remaining 20 crore units are available to the general public.
Investors can apply for a minimum of 100 units and a maximum of 4 crore units. Applications can be submitted through banks and financial institutions approved by the Nepal Securities Board, including all ASWA member offices.
Himalayan Investment Banker Limited is managing the issuance and sale of this fund.
