Sanima Equity Fund (SAEF), a closed-end mutual fund with a tenure of 7 years, has reached its maturity as of Poush 10, 2081. This fund, managed by Sanima Capital Limited and sponsored by Sanima Bank Limited, was established with a total size of Rs. 1.230 Arba.
Key Details:
- Consistent Dividend History: Over its tenure, the fund consistently provided dividends to its investors for six consecutive fiscal years.
- NAV Update: The fund’s latest Net Asset Value (NAV) stood at Rs. 11.74 as of Kartik 2081.
Post-Maturity Procedure:
Upon maturity, the following processes will be undertaken:
- Suspension of Transactions: Trading of the fund’s shares will be discontinued following delisting.
- Liquidation of Investments: The fund will liquidate its portfolio, including shares, debentures, and non-listed securities.
- Proportional Distribution: The proceeds from the liquidation will be proportionally distributed to the unit holders.
Delisting Notice:
A delisting notice was issued on Poush 10, 2081, marking the end of the scheme’s operational period and transitioning to the payout phase for investors.
This maturity concludes a significant chapter for Sanima Equity Fund, reinforcing its commitment to delivering value throughout its operational lifecycle.