Siddhartha Equity Fund (SEF) Declares 5 Percent Dividend From FY 2079/80

August 20, 2023 | Investopaper

Siddhartha Equity Fund (SEF) has announced dividend to its unit-holders. The dividend announcement is from  the fiscal year 2079/80.

SEF has proposed a 5 percent cash dividend worth Rs 7.50 crores (including taxes). The board meeting of Siddhartha Capital Limited held on Shrawan 32, 2080 BS made the announcement about the dividend.

Related: Siddhartha Investment Growth Scheme 2 (SIGS2) Dividend

From the previous fiscal year 2078/79, SEF had distributed a 9 percent cash dividend worth Rs 13.50 crores. Likewise, in the 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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