DHAKA, March 3, 2026 (BSS) – The Bangladesh Securities and Exchange Commission (BSEC) today approved the prospectus of 'LankaBangla Fixed Income Fund,' an open-ended mutual fund, during its 1001st commission meeting held at the BSEC headquarters in the capital.

The regulatory decision was reached today during the 1001st commission meeting conducted at the BSEC meeting room, said a press release.

BSEC Chairman Khondoker Rashed Maqsood presided over the session.

The 'LankaBangla Fixed Income Fund' is established as an open-ended mutual fund with an initial primary target of Taka 25 crore. 

The LankaBangla Fund has a capital structure comprising a Taka 2.5 crore contribution from the sponsor and a Taka 22.5 crore public offering, with each unit priced at a face value of Taka 10.

According to a BSEC press release, the commission has formally approved both the draft prospectus and the abridged version of the prospectus for the fund. The approval of the abridged version serves as the regulatory clearance required for the asset manager to proceed with public notifications and the formal investor subscription process.