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SEF Current NAV : 9.44 as on 2024-04-05
SEF Current NAV : 9.44 as on 2024-04-05

MUTUAL FUND

Siddhartha Systematic Investment Scheme (SSIS)

Siddhartha Systematic Investment Scheme (SSIS), is an open-end scheme with an initial corpus fund of NPR. 20 crores. The objective of the scheme is to generate long term capital appreciation and income distribution to investors from a portfolio that is predominantly invested in equity and equity related securities.The features of Siddhartha Systematic Investment Scheme (SSIS) are:
  1. Dividend Re-investment Plan
    1. Dividend Option
    2. Growth Option
  2. Systematic Investment Plan (SIP)
  3. Purchase/Redemption on daily Net Asset Value (NAV)
A.Scheme NameSiddhartha Systematic Investment Scheme
B.Scheme TypeOpen -ended Scheme
C.Initial Issue SizeNPR. 20 crores
D.Per unit priceNPR. 10
E.Entry LoadNone
F.Exit Load
  • 1.5% of applicable NAV within 3 year of purchase
  • No exit load to be levied after 3 years of purchase
G.Listing of UnitsThe units shall not be listed at the Nepal Stock Exchange (NEPSE) and the units shall be purchased and redeemed through the Fund Manager and the authorized distribution agents appointed by the Fund Manager
H.Units Purchase
  • Minimum : 100 units
  • Maximum : 10% of fund size
I.Unit Redemption / Sale
  • Minimum : 100 units
  • Maximum : 10% of fund size
J.Systematic Investment Plan (SIP)
  • Minimum : Rs. 1,000
K.Fund Management & Depository Fees1.50% and 0.20% of applicable NAV
L.Fund Supervisor’s FeeAs per approved Prospectus of the scheme
M.Credit Rating
  1. Asset Management Company
    AMC 3+ (Highest rating awarded in the industry)
  2. Fund Sponsor
    A-

Status of Siddhartha Systematic Investment Scheme

PURCHASE / REDEMPTION DETAILS
Daily Transaction Details as on 2024-04-12
TransactionQuantityValue
Units Purchased235783.22NPR 2,132,738.00
Units Redeemed0NPR 0.00
SIDDHARTHA SYSTEMATIC INVESTMENT SCHEME (SSIS) SUMMARY
SSIS Summary as on 2024-04-12
Authorized Fund SizeNPR 1,000,000,000.00
Existing Fund SizeNPR 761,972,808.50
Authorized Number of Units100,000,000
Existing Number of Units76,197,281
Total Number of Unit Holders52,360