Siddhartha Capital Announces Dividends for Mutual Funds Schemes for FY 79/80

Fri, Aug 18, 2023 11:52 AM on Dividend, Bonus & Rights, Mutual Fund, Latest,

Siddhartha Capital Limited has proposed cash dividends to the unitholders of Siddhartha Equity Fund (SEF) and Siddhartha Investment Growth Scheme - 2 (SIGS2) whereas no dividend will be distributed to the unitholders of Siddhartha Investment Growth Scheme 3 -(SIGS3) for the fiscal year 2079/80.

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 unitholders.

Siddhartha Equity Fund (SEF) has a fund size of Rs. 1.50 arba. The NAV of the fund stands at Rs. 10.53 in the month of Ashad. Similarly, Siddhartha Investment Growth Scheme 2 (SIGS2) has a fund size of Rs. 1.2 Arba and its NAV stands at Rs. 10.69 in Ashad.

The book closure date for the proposed dividend is yet to be published.