Laxmi Equity Fund (LEMF) is distributing a 4.25% cash dividend to its unitholders for the FY 2076/77.
The meeting of the fund managers held on Friday, Bhadra 12, had decided on the matter. This is Laxmi Equity Fund's first dividend distribution.
As of writing, Laxmi Equity Fund's last trading day closing price is Rs. 8.75 per unit. Its NAV is Rs. 10.42 as of Ashad end, 2077.
Laxmi Equity Fund is a closed-end 7 years equity-oriented mutual fund scheme managed by Laxmi Capital Market Limited. The scheme began with a fund size of Rs.1.25 Arba.