Maturity Date
The specific date when a closed-ended mutual fund or bond expires and investors receive their money back.
Closed-ended funds have a fixed maturity date. Before maturity, units trade on NEPSE. On maturity, the fund is liquidated and investors get money based on the final NAV. It's the fund's 'graduation day' – after years of holding, everyone gets their final report card and leaves!
Nepali Definition
म्याद समाप्ति मिति (Maturity Date)
बन्दमुखी म्युचुअल फण्ड वा ऋणपत्रको अवधि सकिने मिति।
बन्दमुखी फण्डहरूको निश्चित म्याद समाप्ति मिति हुन्छ। म्यादअघि इकाइहरू नेप्सेमा कारोबार हुन्छन्। म्यादमा फण्ड लिक्विडेट हुन्छ र लगानीकर्ताले अंतिम NAV अनुसार पैसा पाउँछन्। यो फण्डको 'स्नातक दिवस' हो – वर्षौं राखेपछि सबैले अंतिम रिपोर्ट कार्ड पाएर जान्छन्!