Sanima Equity Fund Delisted From NEPSE; Fund Matured From Poush 10

Sanima Equity Fund (SAEF), a closed-end 7-year mutual fund scheme with a total size of Rs. 1.230 Arba, has matured from the 10th of Poush, 2081.

Managed by Sanima Capital Limited with Sanima Bank Limited as the fund sponsor, this fund issued its delisting notice on the 10th of Poush, 2081. Notably, the scheme has consistently provided dividends to investors over the past six fiscal years.

After the end of the maturity period, the transaction of the shares of the mutual fund will be suspended and the investors are to receive their share of investment after the mutual fund sells all its investment. At the end of its maturity period, the fund needs to sell all the shares, debentures, and non-listed shares and proportionally distribute the amount to the unit holders. The latest NAV stands at Rs. 11.74 as of Kartik.