Sunrise Capital allots its Sunrise Focused Equity Fund; fund size reduced to Rs 1 arba due to low application
Sunrise Capital allotted its Sunrise Focused Equity Fund Scheme to the applicants on Magh 27, 2079 when 29,903 valid applicants received the mutual fund units.
The close-ended mutual fund had received applications for just 10 crore unit mutual fund out of the 12 crore units, following which the fund manager has been forced to reduce the size of the fund to Rs 1 arba, as per the media statement.
