Siddhartha Bank Limited Promoted "Siddhartha Equity Fund 2" to Issue 10 Crore Units Mutual Fund Scheme to General Public From Baisakh 21
Summary
Siddhartha Capital Limited has announced the issuance of 'Siddhartha Equity Fund 2', a closed-ended mutual fund scheme issuing 10 crore units primarily to the general public and institutions starting from Baisakh 21, 2083.
Key Points
- Siddhartha Capital Limited is issuing 'Siddhartha Equity Fund 2', a closed-ended mutual fund scheme.
- The issue opens from 21st Baisakh to 24th Baisakh, 2083, with possible extension to Jestha 04 if not fully subscribed.
- A total of 10 crore units will be issued, with 15% (1.5 crore units) allocated to the scheme manager, Siddhartha Bank Limited.
- 8.5 crore units worth Rs 85 Crores will be available for general public and institutions.
