Sunrise Capital  to issue Sunrise Bluechip Fund from March 14

Mar 03, 2021 11:00 AM Merolagani

Sunrise Capital, a subsidiary company of Sunrise Bank, is set to issue mutual fund units under the name of ‘Sunrise Bluechip Fund’ from March 14.

The capital is issuing 100 million mutual fund units worth Rs 1 billion at a face value of Rs 10 per unit. Previously, the capital brought Sunrise First Mutual Fund into operation.

Sunrise Bluechip Fund is 10 yearly closed-end mutual fund.

Out of the total offered units, 15 percent has been secured for Sunrise Bank, Promoter of the mutual fund while the remaining 85 million will be issued to the general public.

The issue will close early on March 17 and lately on March 29.

The interested investors can apply for the mutual fund units through all ASBA approved BFIs and meroshare webpage or app.



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