Investment20 Apr 2024, 01:09 am
Monarch Networth Capital Invests Rs. 19.78 Crores in MNCL Capital Compounder Fund 2
AI Summary
Monarch Networth Capital Ltd, an investment manager and sponsor of Monarch AIF, a SEBI-registered category III long-only equity fund, has invested Rs. 19.78 Crores in MNCL Capital Compounder Fund 2 for a four-year period with an option to extend by up to two years. The Fund recently raised a total of Rs. 729 Crores.
Key Highlights
- Monarch Networth Capital Ltd has invested Rs. 19.78 Crores in MNCL Capital Compounder Fund 2
- Fund is a Category III long-only equity fund
- Investment period is for 4 years with an extension option
- MNCL Capital Compounder Fund 2 has recently raised Rs. 729 Crores