Public Issue of "Muktinath Mutual Fund 2" Mutual Fund Scheme Closing From Today

Muktinath Capital Limited is closing the issue of its mutual fund scheme "Muktinath Mutual Fund 2" to the general public today, 8th Ashwin, 2083. The issue opened on the 1st Ashwin, 2083. Although the deadline for this public issue had been extended until 15th Ashwin, 2083, it is closing today due to oversubscription. Out of 10 crore units, 13%, i.e., 1,30,00,000 units worth Rs. 13 crore, have been allocated to the scheme manager, Muktinath Bikas Bank Limited, and 2%, i.e., 20,00,000 units worth Rs. 2 crore, have been allocated to the fund sponsor, Muktinath Capital Limited. The remaining 8,50,00,000 units worth Rs 85 crore will be issued to the general public and institutions. According to CDSC, 1,45,968 applicants have applied for 10,66,51,880 units worth Rs. 1.06 Arba so far. "Muktinath Mutual Fund 2" is closed-ended. Applicants can apply for a minimum of 100 units to a maximum of 1,00,00,000 units. Notice: