A mutual fund is a company that funnels money from both individual and institutional investors and invests it in stocks, bonds, and other investment securities. It is managed and operated by a portfolio manager. Mutual funds assist general investors in minimizing investment risk. Because the funds are managed by professionals, they generate an adequate return while posing lower risks.
Mutual fund schemes (closed-ended) can be purchased directly from the stock exchange or from the fund manager (open-ended). However, if you want to invest in new mutual fund schemes, here are some that are likely to launch in the near future.
Upcoming Mutual Fund Schemes In Nepal
|S.N||Name of Scheme||Type||No. of Units||Amount of Issue (Rs.)||Fund Manager|
|1||Global IME Balance Fund-I||Closed-End||120,000,000||1,200,000,000||Global IME Capital Limited|
|2||Kumari Dhanabriddhi Yojana||Closed-End||120,000,000||1,200,000,000||Kumari Capital Limited|
|3||Mega Mutual Fund – 1||Closed-End||100,000,000||1,000,000,000||Mega Capital Limited|
|4||Nabil Balance Fund III||Closed-End||100,000,000||1,000,000,000||Nabil Investment Banking Limited|
|5||NMB Saral Bachat Fund – E||Open-End||100,000,000||1,000,000,000||NMB Capital Limited|
|6||RBB Mutual Fund 1||Closed-End||100,000,000||1,000,000,000||RBB Merchant Banking Limited|
|7||Shuva Laxmi Kosh||Open-End||50,000,000||500,000,000||Laxmi Capital Limited|
|8||Siddhartha Systematic Investment Scheme||Open-End||20,000,000||200,000,000||Siddhartha Capital Limited|