Sanima Equity Fund II Ongoing Issue Open for Public and Institutional Investors
Summary
Sanima Capital Limited has opened the public issuance of its mutual fund scheme "Sanima Equity Fund II" (SAEF-II) for both general and institutional investors, with a minimum investment of Rs 1,000 and a maturity period of 10 years.
Key Points
- Sanima Capital Limited is issuing a mutual fund scheme called Sanima Equity Fund II (SAEF-II).
- The fund is a closed-end equity fund with an initial size of Rs 1 billion, potentially expanding to Rs 1.25 billion if oversubscribed.
- 13% and 2% of total units are allocated to Sanima Bank Limited and Sanima Capital Limited respectively, while the rest are available for public and institutional investors.
- Investors can apply via Mero Share, and the fund will be listed and traded on NEPSE after allotment.
