Muktinath Capital Limited Promoted "Muktinath Mutual Fund 2" to Issue 10 Crore Units Mutual Fund Scheme to General Public From Ashwin 01
Summary
Muktinath Capital Limited has opened applications for the close-ended “Muktinath Mutual Fund 2” scheme, issuing 10 crore units from Ashwin 1 to Ashwin 6, 2083, with a possible extension to Ashwin 15. The remaining 8.5 crore units will be offered to the general public and institutions after allocations to the scheme manager and sponsor.
Key Points
- Muktinath Capital Limited has published the offer letter for the close-ended “Muktinath Mutual Fund 2” scheme.
- The issue will open from Ashwin 1 to Ashwin 6, 2083, with a possible extension until Ashwin 15 if not fully subscribed.
- Out of 10 crore units, 13% is allocated to Muktinath Bikas Bank Limited and 2% to Muktinath Capital Limited.
- The remaining 8.5 crore units worth Rs. 85 crore will be issued to the general public and institutions.
