Kathmandu, December 18
Machhapuchchhre SIP Scheme has completed the allotment of its units. The scheme, operated under the MBL Mutual Fund and managed by Machhapuchchhre Capital Limited, had issued its units from Mangsir 14 to Mangsir 17, 2082.
According to the scheme manager, the allotment was carried out on Poush 1, 2082, including seed capital, after processing all valid applications received during the issue period. The scheme is an open-ended mutual fund.
Machhapuchchhre SIP Scheme has a total size of 5 crore units. In the first phase, the company sold 2 crore units worth Rs. 20 crore at a face value of Rs. 10 per unit. Due to applications exceeding the available units, allotment was made only to eligible applicants.
Out of the total scheme size, 14 percent (70 lakh units) has been allocated to Machhapuchchhre Bank as the fund promoter, while 1 percent (5 lakh units) has been allotted to the scheme manager, Machhapuchchhre Capital. From the remaining units, 1 crore 25 lakh units were allotted to the general public in the first phase.
Machhapuchchhre SIP Scheme Allotment Details
| Machhapuchchhre SIP Scheme Unit Allotment | Details |
|---|---|
| Scheme Type | Open-ended mutual fund |
| Total Scheme Size | 5 crore units |
| Units Issued (First Phase) | 2 crore units |
| Issue Amount | Rs. 20 crore |
| Face Value per Unit | Rs. 10 |
| Issue Period | Mangsir 14–17, 2082 |
| Allotment Date | Poush 1, 2082 |
| Units for Machhapuchchhre Bank | 70 lakh units |
| Units for Machhapuchchhre Capital | 5 lakh units |
| Units Allotted to Public (First Phase) | 1 crore 25 lakh units |