The capital is issuing close ended mutual fund scheme ‘Sanima Growth Fund’ under Sanima Mutual Fund from November 2.
Under the scheme, the company is issuing 120 million units of mutual fund units at a face value of Rs 10.
Out of the total offered units, the company has secured a minimum of 15.6 million or minimum of 13 percent of total sold units for scheme promoter Sanima Bank and 2 percent i.e. 240 million units for scheme manager Sanima Capital.
The general public can apply for the remaining 102 million mutual fund units.
The interested applicants can apply for a minimum of 100 and maximum of 12 million mutual fund units.
They can apply from all C-ASBA approved BFIs. Sanima capital is the issue manager for the mutual fund scheme.
