“Reliable Samriddhi Yojana” Mutual Fund Scheme Listed on NEPSE

Today, a pact was signed between delegates of Reliable Investment and Merchant Capital Limited and the Nepal Stock Exchange (NEPSE) for the listing of “Reliable Samriddhi Yojana”.

As per the agreement, 120,000,000 shares are being registered at a nominal value of Rs. 10 per share. The offering was available to the general public from 3rd to 7th Baishakh, 2082.

Expectations are that trading of these shares will commence on Tuesday. “Reliable Samriddhi Yojana (RSY)” is a closed-end investment fund that will be available on NEPSE.

It’s important to note that the shares will be traded under the ticker symbol ‘RSY’.

As of Baisakh month in 2082, the NAV of the fund is recorded at Rs. 9.96.