Dividend of 3 Siddhartha Mutual Fund Schemes Deposited in Unitholders’ Accounts

The dividends of three mutual fund schemes operated under Siddhartha Mutual Fund have been deposited into the bank accounts of unitholders. Siddhartha Bank is the fund promoter, while Siddhartha Capital Limited is the fund manager and depository. The distribution process started from Bhadra 18.

The three closed-end schemes — Siddhartha Equity Fund, Siddhartha Investment Growth Scheme–2, and Siddhartha Investment Growth Scheme–3 — had declared cash dividends of 20%, 20%, and 17% (inclusive of tax), respectively.

Unitholders who have not yet updated their bank account details linked with their DEMAT accounts have been requested to do so immediately. Similarly, those who have not dematerialized their units are required to contact Siddhartha Capital’s office for dematerialization, after which the dividend will be credited.

Additionally, unitholders who have pledged their units as collateral for loans at banks or financial institutions will receive the dividend only after submitting a loan release letter.