Laxmi Capital Announces Dividends for Mutual Funds Schemes for FY 079-80
Mon, Jul 31, 2023 12:28 PM on Latest, Dividend, Bonus & Rights,
Laxmi Capital Market Limited has announced to distribute dividends for the mutual funds schemes managed by the capital for the financial year 2079-80.
The 82nd meeting of the Board of Directors (BOD) of the Capital held on Sunday evening, has decided to distribute 9.5 percent (including taxes) cash dividend to the unit holders of Laxmi Unnati Kosh (LUK) for the financial year 2079-80.
Laxmi Capital Market Limited has also published the financial report of Laxmi Unnati Kosh (LUK) for the month of Baisakh. The NAV for the month of Ashad stands at Rs. 10.99. The NAV was Rs. 10.69 in the previous month.
This scheme began with a fund size of Rs. 65.2 Crores. The fund has invested Rs. 44.18 crores in listed shares and Rs. 36.33 lakhs in public issues. While the bank balance is Rs. 14.08 crores, the fund has invested Rs. 7 crores in fixed deposits. The fund also has Rs. 6.18 crores in debentures.
In the same board meeting, it was decided to distribute 8 percent (including taxes) cash dividend for the unit holders of Laxmi Equity Fund (LEMF) for the financial year 2079-80.
Laxmi Equity Fund (LEMF), a closed-end 7 years equity-oriented mutual fund scheme managed by Laxmi Capital Market Limited, has reported a rise in NAV to Rs. 10.82 in Ashad end from Rs. 10.56 in the month before that.
LEMF has invested Rs. 50.90 lakhs in public offerings and Rs. 5.41 crores in bonds/debentures. This mutual fund has Rs. 13.5 crores as fixed deposits and has Rs. 26.64 crores as a bank balance.
