7% Dividend for FY 2076/77: Sanima Equity Fund (SAEF)

Sun, Oct 4, 2020 11:32 AM on Latest, Dividend, Bonus & Rights, Mutual Fund,

Sanima Equity Fund (SAEF) has proposed the dividend for the fiscal year 2076/77.

Out of the total fund size of Rs. 1.30 Arba, the mutual fund scheme has proposed to distribute a 7% dividend totaling Rs. 9.10 crores. Last fiscal year (FY 2075/76), the fund had distributed a 10% dividend. 

The book closure date for the dividend will be announced via another notice. Meanwhile, the NAV and net profit has risen for Sanima Equity Fund on Bhadra. Sanima Equity Fund's NAV has risen to Rs. 12.52 compared to the previous Rs. 11.71 for the month of Shrawan. Also, the fund saw a net profit of Rs. 14.70 crores for the month of Bhadra. The profit was only Rs. 4.25 crores last month.