Book closure of NMB Sulav Investment Fund – I on Ashwin 9; LTP at Rs 13.95

NMB Sulav Investment Fund – I (NMBSF1) has set the book closure date on Ashwin 9, 2074 for the purpose of distributing 21.05% dividend (including tax) to its unit holders. Only those shareholders holding shares one trading day ahead of the book closure date i.e. until Ashwin 8, 2074 are eligible for the dividend. Last year also, NMBSF1 had distributed 20% cash dividend from the profit it made in the fiscal year 72/73. NMBSF1 a 5 years close-ended mutual fund scheme managed by NMB Capital Limited. Its NAV stood at Rs 17.06 in the Shrawan end. The scheme was launched with a total fund of Rs 75 crore, has investment of Rs 61.52 crore in the shares of listed companies and Rs 2.46 crore in public issues. Its LTP stands at Rs 13.95 as of September 14, 2017.