Newly allotted Sunrise Focused Equity Fund units have now been listed on NEPSE

Newly allotted Sunrise Focused Equity Fund units have now been listed on NEPSE

Sunrise Focused Equity Fund (SFEF) has had 10 billion units of its units listed on NEPSE. Due to a decrease in the number of applications for the fund, the issue size was increased from the original 12 crore units.

The “Sunrise Focused Equity Fund” is a closed-end fund with a 10-year maturity. The 10th Magh received allocations from Sunrise Capital’s Sunrise Focused Equity Fund.

Nevertheless, only 10 crore out of the 12 crore units in the closed-ended mutual fund had received applications, forcing the fund management to lower the size of the fund to Rs. 1 Arba.

Sunrise Focused Equity Fund (SFEF) has had 10 billion units of its units listed on NEPSE. Due to a decrease in the number of applications for the fund, the issue size was increase from the original 12 crore units.

The “Sunrise Focused Equity Fund” is a closed-end fund with a 10-year maturity. The 10th Magh received allocations from Sunrise Capital’s Sunrise Focused Equity Fund.

Nevertheless, only 10 crores out of the 12 crore units in the closed-ended mutual fund had received applications, forcing the fund management to lower the size of the fund to Rs. 1 Arba.

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