How Can Unitholders Reinvest Their Dividend in NIBL Sahabhagita Fund (NIBLSF)?

Thu, Jun 3, 2021 10:12 AM on Latest, Dividend, Bonus & Rights, Mutual Fund,

NIBL Ace Capital Limited, a fund manager and depository of NIBL Sahabhagita Fund (NIBLSF) (an Open-Ended Mutual fund sponsored by Nepal Investment Bank Limited) had re-informed its unitholders regarding its Dividend Re-Investment Plan.

Under this plan, unitholders who wish to utilize the said plan can reinvest their eligible cash dividends in the units of NIBLSF itself. The participant will get units of NIBLSF which equals their eligible cash dividend (after deduction of applicable taxes and transaction cost).

The notice was first published on 6th April 2021 for the Dividend Re-Investment Plan. Therefore, unitholders who have not yet participated in this scheme are requested to participate.

Further, only the unitholders who register their name before book closure will be eligible for the Dividend Re-Investment Plan for dividend that will be announced in the current fiscal year or upcoming fiscal years.

The unitholders can participate or register in the plan by following any one of the processes listed below:

1. The eligible unitholders can register their name by filling the required forms by visiting the branches of NIBL Ace Capital Limited or its distribution agents.

2. The eligible unitholders can register their name by filling the Dividend Re-Investment Plan Registration Form placed at https://mutualfund.niblcapital.com/

3. The eligible unitholders can register their name by sending an e-mail to the below-mentioned address with their e-mail address mentioned in the respective Demat account with information mentioned below:

E-mail Subject: Dividend Reinvestment Plan
Receiver's E-mail: drep.mutualfund@niblcapital.com
Description to be mentioned in e-mail:
Unit-holder's Full Name:
Unit-holder's BOID:
Contact Number: