Kathmandu, December 25-
 |
| Siddhartha Capital Limited |
As the mutual fund schemes are gradually starting to make profit in the share market, fund managers are eager to introduce new schemes at the earliest.
Siddhartha Capital Limited plans to launch its second scheme within a month.
“We are in the final stage of implementing the new scheme, which is again a five-year closed end scheme, but it will be equity-oriented fund with equity comprising 70 percent of the fund while debt and other instruments covering the rest,” Siddhartha Capital’s CEO Dhruba Timilsina told SharesSansar.
He added that the basic size of the new scheme is Rs 80 crore, and the fluctuation would be between Rs 40 to 100 crore.
“We expect the final approval from the SEBON within a week or two, and
“We are in the final stage of implementing the new scheme, which is again a five-year closed end scheme, but it will be equity-oriented fund with equity comprising 70 percent of the fund while debt and other instruments covering the rest,” Siddhartha Capital’s CEO Dhruba Timilsina told SharesSansar.
He added that the basic size of the new scheme is Rs 80 crore, and the fluctuation would be between Rs 40 to 100 crore.
“We expect the final approval from the SEBON within a week or two, and
