MUTUAL FUND
Siddhartha Systematic Investment Scheme (SSIS)
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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:
- Dividend Re-investment Plan
- Dividend Option
- Growth Option
- Systematic Investment Plan (SIP)
- Purchase/Redemption on daily Net Asset Value (NAV)
| A. | Scheme Name | Siddhartha Systematic Investment Scheme |
| B. | Scheme Type | Open -ended Scheme |
| C. | Initial Issue Size | NPR. 20 crores |
| D. | Per unit price | NPR. 10 |
| E. | Entry Load | None |
| F. | Exit Load |
|
| G. | Listing of Units | The 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 |
|
| I. | Unit Redemption / Sale |
|
| J. | Systematic Investment Plan (SIP) |
|
| K. | Fund Management & Depository Fees | 1.50% and 0.20% of applicable NAV |
| L. | Fund Supervisor’s Fee | As per approved Prospectus of the scheme |
| M. | Credit Rating |
|
Status of Siddhartha Systematic Investment Scheme
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PURCHASE / REDEMPTION DETAILS Daily Transaction Details as on 2023-03-21 |
||
|---|---|---|
| Transaction | Quantity | Value |
| Units Purchased | 61008.76 | NPR 496,355.90 |
| Units Redeemed | 830 | NPR 6,628.50 |
|
SIDDHARTHA SYSTEMATIC INVESTMENT SCHEME (SSIS) SUMMARY SSIS Summary as on 2023-03-21 |
|
|---|---|
| Authorized Fund Size | NPR 500,000,000.00 |
| Existing Fund Size | NPR 339,930,575.90 |
| Authorized Number of Units | 50,000,000 |
| Existing Number of Units | 33,993,058 |
| Total Number of Unit Holders | 46,104 |
