Deadline To Apply For Citizens Capital's Mutual Fund Scheme "Citizens Sadabahar Yojana" Extended Till Ashad 27

Tue, Jul 1, 2025 11:08 AM on Mutual Fund, Latest,

Citizens Capital Limited has extended the deadline for the mutual fund scheme "Citizens Sadabahar Yojana" to the general public and institutions until the 27th Ashad, 2082. The issue opened on the 13th Ashad, 2082, and was supposed to close today, the 17th Ashad, 2082. However, since the scheme didn't receive enough applications, the deadline has been extended until Ashad 27, 2082.

Out of 5 crore unit shares, 15%, i.e., 75 lakh units worth Rs. 7.50 crore, have been allocated to the scheme manager, Citizens Bank International Limited, and the remaining 4,25,00,000 units worth Rs 42.50 Crores will be issued to the general public and institutions.

According to CDSC, a total of 25,797 applicants have applied for 90,47,510 units worth Rs. 90.47 Crore so far. This data is as of 10 am today.

"Citizens Sadabahar Yojana" is an open-ended fund. Applicants can apply for a minimum of 100 units to a maximum of 50,00,000 units.

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