Kathmandu, October 18 : NIBL Ace Capital Ltd, a wholly owned subsidiary of Nepal Investment Bank Limited, has today launched a new online purchase platform for its open- ended mutual fund, NIBL Sahabhagita Fund. This first ever open- ended mutual fund in the country was issued in line with the mutual fund regulation, 2067.
Investors can invest in it through online platform, according to a press release issued by the company. “Considering the current COVID-19 crisis, the fund is designed as a hassle-free and user-friendly platform so as to facilitate them.”