Reminder: Last Day to Grab Dividend Proposed by Mutual Funds of Siddhartha Capital
Tue, Aug 29, 2023 10:14 AM on Dividend, Bonus & Rights, Mutual Fund, Book Closure, Latest,
Today is the last trading day before the book closure date for the dividend of Siddhartha Capital's mutual funds. Bhadra 12 is the book closure date. Thus, unitholders maintained till today are entitled to the cash dividend.
The meeting of the Board of Directors of Siddhartha Capital Limited, held on 32nd Shrawan, decided to distribute a 5% cash dividend worth Rs. 7.5 Crores for Siddhartha Equity Fund (SEF) and a 6.5% cash dividend (including tax) worth Rs. 7.8 Crores for Siddhartha Investment Growth Scheme - 2 (SIGS2) for the fiscal year 2079/80 to its unit holders.
Last Year, SEF announced a 9% cash dividend whereas SIGS2 announced a 10% cash dividend each for FY 2078/79. As of writing, the LTP of SEF is Rs. 8.67 and that of SIGS2 is Rs. 8.72.
