Deadline To Apply For Muktinath Capital Limited's Mutual Fund Scheme "Muktinath Mutual Fund 2" Extended Till Ashwin 15
Summary
The deadline to apply for Muktinath Capital Limited’s closed-ended mutual fund scheme, Muktinath Mutual Fund 2, has been extended to Ashwin 15, 2083 after weaker-than-expected demand. The scheme has received applications for 1,00,244,700 units worth Rs. 1 arab so far.
Key Points
- The application deadline for Muktinath Mutual Fund 2 has been extended until 15th Ashwin, 2083.
- The scheme received fewer applications than expected, prompting the extension from the original closing date of 6th Ashwin.
- Out of 10 crore units, 8.5 crore units are being offered to the general public and institutions after allocations to the sponsor and scheme manager.
- According to CDSC, 1,41,788 applicants have applied for 1,00,244,700 units worth Rs. 1 arab so far.
