The “Sunrise Focused Equity Fund” Mutual Fund Scheme’s public offering of 12 crore units Closing from 24th Magh

The “Sunrise Focused Equity Fund” Mutual Fund Scheme’s public offering of 12 crore units Closing from 24th Magh.

On this day, 24 Magh 2079, Sunrise Capital Limited will close the issuing of the closed-end mutual fund scheme “Sunrise Focused Equity Fund.” The topic was meant to open until the 13th Magh and close on the 10th Magh. The issue was postpond until today, however, because the issue manager didn’t get enough applicants.

A total of 12 billion unit shares, each with a par value of Rs. 10, are issue. The fund’s promoter, Sunrise Bank Ltd, received 15% of the total units, or 1.80 crore units value at Rs. 18 crores. The general public will receive all 10.20 crore leftover units.

A closed-end fund called “Sunrise Focused Equity Fund” is tradable on NEPSE. The fund’s 10-year maturity period. A minimum of 100 units and a maximum of 1.2 crore units may request by applicants.

32,481 applicants have submit applications to CDSC for a total of 63,832,380 units. The data is up to date as of this morning at 10 AM.

Sunrise Focused Equity Fund” Mutual Fund

Sunrise Capital now oversees the management of two closed-end funds in the market, Sunrise First Mutual Fund (SFMF) and Sunrise Bluechip Fund (SBCF). SFMF and SBCF had NAVs of Rs. 11.39 and Rs. 8.78, respectively, as of Mangsir’s finish.

The Nepal Stock Exchange now lists 36 mutual funds, of which 30 are closed-end and 6 are open-end schemes. In addition, the issuance procedure for one closed-end mutual fund scheme, the NIBL Growth Fund (NGF), is currently ongoing.

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