Siddhartha Systematic Investment Scheme, operated under Siddhartha Mutual Fund, has announced a dividend distribution.
The scheme is a type of open-ended mutual fund promoted by Siddhartha Bank Limited and managed by Siddhartha Capital Limited.
As per the decision made in the board meeting of Siddhartha Capital held on Shrawan 11, 2082, the fund manager has declared a dividend for the fiscal year 2081/82.
The meeting decided to provide an 8 percent cash dividend to the unit holders of the scheme. Only those unit holders who are registered in the book by Shrawan 11 will be eligible to receive the proposed return.
Being an open-ended fund, investors also have the option to reinvest the received dividend back into the scheme.
