Book closure on Ashwin 16 for NMB Hybrid Fund L-1 (NMBHF1) and NMB 50 (NMB50)

Tue, Sep 22, 2020 10:07 AM on Latest, Mutual Fund, Book Closure,

The book closure date of NMB Hybrid Fund L-1 (NMBHF1) and NMB 50 (NMB50) have been announced for dividend distribution purposes.

NMB Hybrid Fund L-1 has already declared an 8% cash dividend and NMB50 has declared a 5% cash dividend for the fiscal year 2076/77. Both mutual funds' book closure is announced on Ashwin 16.

Thus, unitholders who own the units of either of the mutual fund schemes before Ashwin 16 are entitled to the dividend payout.

Both NMB Hybrid Fund L-1 (NMBHF1) and NMB 50 (NMB50) are 7-year mutual fund schemes managed by NMB Capital.