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Mutual Fund

 

Siddhartha Mutual Fund

Siddhartha Bank Limited has ventured in to the Mutual Fund Industry in Nepal. Siddhartha Mutual Fund is the first mutual fund of Nepal registered by the bank with SEBON, as per Mutual Fund Regulation, 2010.

Siddhartha Capital Limited (SCL), has been established as a subsidiary of Siddhartha Bank Limited, which as a fund manager, will manage the various schemes under Siddhartha Mutual Fund and also act as a depository of the fund. Through SCL, the Bank has also aimed at venturing into other Capital Market Businesses such as Depository Participants (DP) of the Central Securities Depository, Portfolio Management, Securities Dealing, Underwriting and Capital Market Advisory Services in the near future.
 

 

Fund Supervisors

As per the provisions of Mutual Fund Regulation, 2010, Siddhartha Bank Limited has appointed the following dignitaries as fund supervisors of Siddhartha Mutual Fund, taking approval from SEBON.

  1. Dr. Ram Krishna Timalsena, Former Registrar Supreme Court
  2. Dr. Kamal Das Manandhar,Professor, Faculty of Management, Tribhuwan University
  3. Mr. Bishwa Prakash Pandit, Former Secretary, Insurance Board of Nepal
  4. Mr. PP Pradhan, FCA
  5. Mr. Radha Krishna Poudyal, Former Banking Member, Debt Recovery Tribunal and Former NRB Official

 

For more information contact SCL at:

PO Box 21200
Narayan Chour
Naxal, Kathmandu, Nepal.
Telephone: 00977-1-4420924, 4420925, 4421279, 4420598
Fax:00977-1-4420929
Email:scl@siddharthacapital.com

Website: www.siddharthacapital.com

As of December 16, 2019 10:11:51

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