8.25% Dividend of NIBL Sahabhagita Fund Deposited in Unitholders' Bank accounts; Dividend Re-Investment Plan also implemented

Wed, Aug 19, 2020 10:22 AM on Latest, Dividend, Bonus & Rights, Mutual Fund,

NIBL Ace Capital Limited has deposited the 8.25% cash dividend for unitholders of "NIBL Sahabhagita Fund" in their respective bank accounts.

NIBL Ace Capital has requested investors to authorize their bank details in their BOID in case they still haven't done it so that the capital can deposit the dividend directly.

The 80th meeting of the fund managers had decided to distribute an 8.25% dividend including tax for the FY 2076/77.

Since NIBL Sahabhagita Fund is an open-ended scheme, investors could also reinvest the dividend into the scheme itself via the Dividend Re-investment Plan. NIBL Ace Capital has also started the process of adding the reinvested fund into the unitholders' respective BOID.

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