SEF And SIGS2 Propose 20% Cash Dividend, SIGS3 Proposes 17% Cash Dividend for FY 2081/82

Siddhartha Equity Fund (SEF), Siddhartha Investment Growth Scheme-2 (SIGS2), and Siddhartha Investment Growth Scheme 3 (SIGS3) have announced dividends for the fiscal year 2081/82.

In a meeting of the board of directors of Siddhartha Capital Limited decided to distribute a 20% cash dividend (including tax) worth Rs. 30 Crores for Siddhartha Equity Fund (SEF), 20% cash dividend (including tax) worth Rs. 24 Crores for Siddhartha Investment Growth Scheme-2 (SIGS2), and a 17% cash dividend (including tax) worth Rs. 13.69 Crores for Siddhartha Investment Growth Scheme 3 (SIGS3) for the fiscal year 2081/82.

Siddhartha Equity Fund (SEF), Siddhartha Investment Growth Scheme-2 (SIGS2), and Siddhartha Investment Growth Scheme-3 (SIGS3) are closed-end mutual funds, each with a maturity period of 10 years. All these funds are sponsored by Siddhartha Bank Limited and managed by Siddhartha Capital Limited.

As of the month of Ashadh, the Net Asset Value (NAV) of SEF is Rs. 12.32, with a closing price of Rs. 10.73. The NAV of SIGS2 is Rs. 12.49, with a closing price of Rs. 10.85, while SIGS3’s NAV stands at Rs. 12.53, with a closing price of Rs. 10.75.

The book closure date for the dividend will be announced later.