Grameen One: Scheme Two



Fund name

Grameen Mutual Fund One

Scheme name

Grameen One: Scheme Two

Scheme size

Tk1,250,000,000 (Taka one billion and two hundred fifty million) divided into 125,000,000 (one hundred twenty five million) units at par value of Tk10 each

Face value

Tk10 of one unit each


Close-end Mutual Fund Growth Scheme with 15 years tenure


To achieve capital appreciation as well as earn dividend and interest income

Target investors

Individuals, institutions, mutual funds and NRBs are eligible to apply for investment in the Fund

Target amount

Tk1,250,000,000 (Taka one billion and two hundred fifty million) including contribution of Sponsor, entitlement for existing unitholders of the Fund and institutional private placement


Being a‘Growth Scheme’, the Scheme shall distribute at least 50% of the ‘Annual Income’[1]of the Scheme, as dividend, at the end of each accounting year, net of provisions

Mode of distribution

Dividend warrants will be dispatched within 45 days from the declaration of such dividends


Units are freely transferable; the transfer will be made by the CDBL under electronic settlement system

Tax exemption

Investment in the Scheme by an individual assessee will qualify for investment tax credit under Section- 44(2) of the Income Tax Ordinance, 1984, besides, dividend, interest and capital gains of the Scheme shall be fully tax‑exempt under the Sixth Schedule, Part A, Para-30 of the Income Tax Ordinance, 1984

Accounts and information

The unitholders of the Scheme are entitled to receive the audited Annual Reports of the Scheme in addition to the monthly publication of the NAV of the Scheme in the newspapers and online at the Stock Exchanges