Dhaka, May 12 -- The public subscription of 'Midland Bank Growth Fund,' an open-ended mutual fund managed by Midland Bank Asset Management Company Limited (MDB AMC), has been successfully concluded.

The subscription period of the fund ended with strong participation from institutional and individual investors, reflecting growing confidence in professionally managed mutual funds and the long-term prospects of the Bangladesh capital market, according to a press release.

The Bangladesh Securities and Exchange Commission (BSEC) earlier approved the prospectus of the Midland Bank Growth Fund under the Bangladesh Securities and Exchange Commission (Mutual Fund) Rules.

Midland Bank PLC is the sponsor of the fund, while Midland Bank Asset Mana...