NIBL Samriddhi Fund – I

At NIBL Ace Capital we intend to follow a disciplined and process oriented investment approach for mutual fund to help investors achieve their financial goals.

Features

Nature of the Scheme Closed End Fund
Fund Name NIBL Mutual Fund
Scheme Name NIBL Samriddhi Fund - I
Fund Sponsor Nepal Investment Bank
Investment Objective To generate returns by investing in a mix of securities comprising of equity, equity related instruments & fixed income instruments as allowed by prevailing rules/regulations on mutual fund.
Corpus NRs. 1000 Million (Mio).
Price per Unit NRs. 10
Total No. of Units 100,000,000 units
Approval Date 30/07/2071 BS (16/11/2014 AD)
Allotment Date 23/09/2071 BS (07/01/2015 AD)
Maturity 7 Years from the date of allotment of units (the assets under the scheme post 7 years will be redeemed and the realized cash will be distributed in proportion to investments as per prevailing regulations)
Maturity Date 22/09/2078 BS (06/01/2022 AD)
Allotment of Units As per the Securities Allotment Guidelines, 2068
NAV Samriddhi Fund - I

Asset Allocation

This scheme under NIBL Mutual Fund will invest in a combination of or in all the following instruments as stipulated by Rule 34 of the prevailing Mutual Fund Regulation:

  1. Securities registered with SEBON
  2. Securities called for public offering
  3. Securities listed in the Nepalese Stock Exchange
  4. Bank Deposits
  5. Money Market instruments
  6. Other areas prescribed by SEBON
  7. Debentures, Treasury Bills and other instruments of money market issued by Government of Nepal or Government Agencies receiving full guarantee or protection of Government of Nepal or NRB

Fund Sponsor

Nepal Investment Bank Limited
Corporate Office: Durbar Marg, Kathmandu, Nepal

Fund Manager & Depository

NIBL Ace Capital Limited
(Wholly owned subsidiary of Nepal Investment Bank Ltd.)
Head Office: Uttar Dhoka, Lazimpat, Kathmandu, Nepal

Fund Supervisors

The Fund Sponsor has appointed the following prominent professionals as the Fund Supervisors of NIBL Mutual Fund.

  1. Dr. Bimal Prasad Koirala
  2. Dr. Shambhu Ram Simkhada
  3. Dr. Durgesh Man Singh
  4. CA. Jitendra Bahadur Rajbhandary
  5.  Mr. Raju Nepal

For More Info

To know more about the Samriddhi Fund – I, please fill in this form or call us at following numbers.

  +977 1 4425280
Ext no.: 432 & 411