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The Securities Exchange Board of Nepal (SEBON) has recently included “Siddhartha Equity Fund 2” for initial evaluation in the newest update of mutual fund scheme pipeline status released.
Siddhartha Equity Fund 2 is a mutual fund initiative that will aggregate a fund size of Rs. 1 Arba, segmented into 10 Crore units, with a nominal value of Rs. 10 per unit. The proposal was submitted to SEBON on Ashadh 23, 2082.
Siddhartha Capital Limited operates as the fund manager for this mutual fund initiative, while Siddhartha Bank Limited serves as the Fund Sponsor for this program.
