Prabhu Capital Limited is launching its open-ended mutual fund scheme named “Prabhu Systematic Investment Scheme” starting today, 23rd Jestha, 2082, with the closing date set for 27th Jestha, 2082. Should the subscription not reach full capacity by the early closing date, the offer may be extended until Ashadh 06, 2082.
From the total of 4 crore unit shares, 7.5%, which equals 30 lakh units valued at Rs. 3 crore, have been designated for the scheme manager, Prabhu Bank Limited, and another 7.5%, also amounting to 30,00,000 units worth Rs. 3 crores, are reserved for the fund sponsor, Prabhu Capital Limited. The remaining 2,50,00,000 units, amounting to Rs 25 crore, will be available for the general public and institutional investors.
The “Prabhu Systematic Investment Scheme” operates as an open-ended fund. Applicants can subscribe for a minimum of 100 units and up to a maximum of 31,00,000 units.
