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.
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