Citizens Santulit Yojana Oversubscribed by Over 25%

Citizens Capital Limited’s fourth close-ended mutual fund scheme, Citizens Santulit Yojana, has received overwhelming investor response, with applications exceeding the targeted fund size of Rs. 1 Arba by more than 25 percent.

Approved by the Securities Board of Nepal, the public issue was open from Poush 4 to Poush 18, during which both individual and institutional investors submitted applications worth over Rs. 1 Arba 25 Crores.

The strong participation reflects growing investor confidence in Citizens Capital as a professional and reliable institution in Nepal’s capital market.

Citizens Capital, a subsidiary of Citizens Bank International, provides a wide range of financial services and has reaffirmed its commitment to transparency, good governance, and delivering competitive returns to investors.