Siddhartha Investment Growth Scheme -1 offer 15% cash dividend, Book closure on Bhadra 23
Wed, Sep 2, 2015 12:00 AM on Mutual Fund, Others,
ShareSansar September 2:
Siddhartha Investment Growth Scheme-1 (SIGS-1), a closed-end 5 years mutual fund scheme managed by Siddhartha Capital Limited, has decided to distribute 15 percent cash dividend to its unit holders for the last fiscal year 2071/72.
The book closure date for the cash dividend has been set on Bhadra 23. Only those who hold the units of Siddhartha Investment Growth Scheme-1 (SIGS-1) till Bhadra 22 will be entitled to the dividend.
The 74th BOD meeting of the Siddhartha Capital Limited has decided to provide 15% cash dividend to the unit holders of Siddhartha Investment Growth Scheme-I worth Rs. 7,50,00,000.
From the profit of previous fiscal year 2070/71, SIGS-1 had provided 15 percent cash dividend to its unit holders.
SIGS-1 reported a net profit of Rs 17.73 crore for the month of Shrawan up from net loss of 9.51 crore in the last month.
Mutual fund scheme’s NAV inched up to Rs 21.24 in the Shrawan end from Rs 17.69 in Ashad end. The NAV of the fund is above the par value of Rs 10 per unit.
It last trading price stands at Rs 17.30 as on September 1, 2015.
