Nabil Growth Fund, operating under Nabil Mutual Fund, is set to open its public offering from Mangsir 9, 2083. The Securities Board of Nepal (SEBON) has approved the issuance of 10 crore units with a face value of Rs 10 per unit.

Out of the total units, 1.5 crore units, representing 15% of the total issue, will be allocated as seed capital. Of this allocation, 1.40 crore units (14%) have been reserved for the fund promoter, Nabil Bank, while 10 lakh units (1%) will be allocated to the scheme manager, Nabil Investment Banking.

The remaining 8.5 crore units will be offered to the general public.

Interested investors can apply for a minimum of 100 units and a maximum of 1 crore units. Applications can be submitted through C-ASBA member banks and financial institutions or through the CDSC's MeroShare platform.

The initial application deadline is Mangsir 14, while the offering may remain open until Mangsir 23, 2083, if the issue is not fully subscribed earlier.