SEBON Approved Siddhartha Capital’s Mutual Fund Scheme ; "Siddhartha Equity Fund 2" To Issue 10 Crore Mutual Fund Units
Summary
SEBON has approved Siddhartha Capital's new closed-end mutual fund scheme, "Siddhartha Equity Fund 2," which will issue 10 crore units worth Rs 1 arb.
Key Points
- SEBON approved Siddhartha Capital's mutual fund scheme named "Siddhartha Equity Fund 2".
- The scheme is a closed-end mutual fund floating 10 crore units at a par value of Rs 10 per share.
- The fund is worth Rs 1 arba and was approved on Baisakh 02, 2083.
- Siddhartha Bank Limited sponsors the fund, while Siddhartha Capital Limited manages it.