Siddhartha Capital awares unitholders about dividend distribution of Siddhartha Investment Growth Scheme-2 and Siddhartha Equity Fund for FY 2076/77

Wed, Sep 9, 2020 10:25 AM on Latest, Dividend, Bonus & Rights, Mutual Fund,

Siddhartha Investment Growth Scheme-2 and Siddhartha Equity Fund have both distributed dividend for the fiscal year 2076/77 to their respective unitholders.

Siddhartha Investment Growth Scheme-2 has distributed a 5% cash dividend for the fiscal year 2076/77 while Siddharta Equity Fund has distributed a 7.5% cash dividend for the same fiscal year.

Siddhartha Capital has already started depositing the amount to unitholders' bank accounts if their bank details are updated in the BOID. In case unitholders haven't authorized a bank in their BOID, the capital has requested them to do so.

Meanwhile, for unitholders who have taken a loan against the units of any of the mutual fund schemes above, an approval letter is required from the lender bank in order to receive the dividend. Because of the lockdown, the approval letter will have to be sent to Siddhartha Capital via email at sujan.maharjan@siddharthacapital.com.

Both Siddhartha Investment Growth Scheme-2 and Siddhartha Equity Fund are closed 10-year mutual fund scheme managed by Siddhartha Capital.