Last call for investors! Sunrise Capital is closing its "Sunrise First Mutual Fund" public issue, investors can apply till banking hour today

Thu, Oct 24, 2019 9:07 AM on Corporate, Latest,

Sunrise Capital Limited is closing the ongoing issue of its close end mutual fund scheme, ‘Sunrise First Mutual Fund’ from today (Kartik 7, 2076). The issue was open from Ashwin 8, 2076. The interested investors are requested to apply today before banking hour.

This fund is managed by Sunrise Capital Limited and sponsored by Sunrise Bank limited.

The issue is of 10 crore units worth Rs.1 Arba and per unit cost is Rs.10.  An investor can apply for minimum of 100 units and maximum of 1 crore units.

85% of the total issue i.e. 8.5 crore units will be open for general public and remaining 15% will be kept as seed capital for sponsor Sunrise Bank Limited and fund manager Sunrise Capital Limited.