15% Cash Dividend announced for the unitholders of Laxmi Value Fund-1; latest reported NAV stands at Rs.11.58
Thu, Aug 1, 2019 1:18 PM on Dividend, Bonus & Rights, Latest, Mutual Fund,
Nepal Stock Exchange Limited (NEPSE) has published a notice regarding the dividend of Laxmi Value Fund-1 (LVF1).
As per the notice published, the 53rd BOD meeting has decided that the unitholders of Laxmi Value Fund-1 will be getting 15% cash dividend (Including tax) out of the profits of FY 75/76.
Laxmi Value Fund-1 (LVF1) is a closed-end 5 years mutual fund scheme managed by Laxmi Capital Market Limited. Recently, it has reported slight decrease in NAV by 0.25% to Rs 11.58 for the month of Asadh.
The scheme managed to distribute 25% cash dividend for the unit holders out of the profits of FY 74/75.
