The capital is issuing 120 million units of mutual fund worth Rs 1.20 billion. The interested investors can apply for the minimum of 100 units to the maximum of 240,000 mutual fund units from October 11- 15.
The investors can apply for the units from Siddhartha Capital as well as all ASBA registered BFIs.
The mutual fund has maturity period of 10 years, however, the unit-holders can trade the mutual fund units in the secondary market after its listing in NEPSE.
Siddhartha Equity Fund is promoted by Siddhartha Bank under the management of Siddhartha Capital. Earlier, the capital successfully operated Siddhartha Equity Oriented Scheme and Siddhartha Investment Growth Scheme.