Siddhartha Systematic Investment Scheme Surpasses NPR 1 Billion in Fund Size

Mon, Nov 18, 2024 11:18 AM on Latest, Mutual Fund, Corporate,

Siddhartha Systematic Investment Scheme (SSIS), managed by Siddhartha Capital Limited and sponsored by Siddhartha Bank Limited, has surpassed NPR 1 billion in fund size. Launched on 16th Ashad 2078 with an initial fund of NPR 20 crore, the scheme now has around 19,000 Systematic Investment Plan (SIP) holders.

As of Aswin 2081, the net asset value (NAV) stands at NPR 11.30 per unit. The scheme offers features like dividend reinvestment and easy buying/selling of units at NAV. Investors can transact units or register for SIP at various Siddhartha Bank and Capital Limited branches or online. The bank expresses gratitude to investors, unit holders, and regulatory bodies for their support.