As per the new directives of the Securities Board of Nepal (SEBON), there is a prohibition on the sale of IPO for six months for mutual funds. According to directives, a minimum of 5 percent of shares offered for public issuance by institutions are reserved for mutual funds. Hence, the 5 percent mutual fund holding must be sold after 6 months of the allotment date. Hence, the following is the information on the unlock date of mutual funds for IPO.

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