August 11, 2022 | Investopaper
Siddhartha Equity Fund (SEF) has announced dividend to its unit-holders. The dividend announcement is from the fiscal year 2078/79.
SEF has proposed a 9 percent cash dividend worth Rs 13.50 crores (including taxes). The board meeting of Siddhartha Capital Limited held on Shrawan 25, 2079 BS made the announcement about the dividend.
From the previous fiscal year 2077/78, the scheme had provided a 30 percent cash dividend worth Rs. 45 crores to the unit holders. Likewise, in the fiscal year 2076/77, SEF had distributed a 7.5 percent cash dividend worth Rs 11.25 crores. Similarly, in the fiscal year 2075/76, the mutual fund scheme distributed a 11 percent cash dividend worth Rs. 16.50 crores.
Siddhartha Equity Fund is a close-ended equity scheme. It has the fund size of NPR. 1.5 Arba. The fund has a maturity period of 10 years. It will mature on 22nd Kartik 2084. The scheme was listed on 23rd Kartik 2074.
Siddhartha Capital Limited is the fund manager of the scheme.
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