Investment in share and debenture of listed co should be for more than 1 year.
If invested in not listed co and in coming 3 yearssuch co is not listed in nepse or related place amount from proft must be trransfered to investment and should not utilize that fund unit
BFI can invest upto 10% in one entity including share and debentures of its primary capital. And this kind of investment cannot excedd 30% of self primary captail in toal. Further in one co., only 10% of that co’s paid up capital can invest.
While selling investment after one year of purcahse, amount upto 20% of own primrary capital can sell.
BFI can open subsidiary co as group d (micro finance.)
Can open merchant banking with holding of min 51% share.
A class bfi can assured to purchase whole amount of share or debenture of any regisered entity.
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