More than half of the Sunrise Bluechip Fund units sold in two days

KATHMANDU: The Sunrise Bluechip Fund has sold 50.6 percent of its total units for the second day in a row.

According to Capital, as of Monday evening, 50.6 percent of the total units had been sold by 22,000 applicants, according to sales manager Sunrise Capital.

Capital has sold 100 million units worth Rs 1 billion at a face value of Rs 10 per unit since Chaith 1. The fund has secured 15 percent unit fund promoter Sunrise Bank and is going to sell the remaining units to the public. The fund has a minimum of 100 to 10 million units to apply. Capitol has stated that the deadline to apply for the purchase of the unit is Chaith 4.

The projected annual return of the scheme is 22.38 percent, the company said.