Siddhartha Capital Limited has published a notice regarding the trading of units of "Siddhartha Systematic Investment Scheme" from today, i.e. 7th Kartik, 2078.
This is the fifth mutual fund scheme of Siddhartha Capital, two of which have matured already. Being an open-ended fund, SSIS allows investors to enter and exit from the scheme anytime after the New Fund Offer (NFO), which concluded on July 04 this year. The scheme does not have any limitation on the number of units that can be issued. The increase in units of the scheme is created when an investor invests his/her investments in the fund.
However, this also means that the fund will not be traded in NEPSE, and investors can only purchase the units of the fund from the fund manager Siddhartha Capital, Naxal, Kathmandu. The counter will be open Sunday through Thursday from 10 to 3.