Laxmi Value Fund 25% cash dividend book closure on Bhadra 1; Only 4 trading days left

Laxmi Value Fund-1 (LVF-1) has published book closure date for 25% cash dividend to its unit holders. As per the notice published on NEPSE, the register of unitholders of Laxmi Value Fund-1 will remain close on Bhadra 1, 2073 for the purpose of distributing 25% cash dividend to their unitholders. Only the shares registered one day ahead of the book closure date i.e. Shrawan 32, 2073 will be eligible for the dividend. LVF-1, a closed-ended 5 years mutual fund scheme managed by Laxmi Capital Market Limited, has been steadily growing.  Its Net Asset Value (NAV) has risen to Rs 15.38 by the end of Ashad. The scheme, which began with a fund size of Rs 50 crore, has invested Rs. 53.78 crore in the shares of listed companies and Rs 43.25 lakh in public issues. The scheme has invested in 467.462 unit shares in 48 listed companies. Its Last Traded Price (LTP) stood at Rs 16.80 at NEPSE on August 10, 2016.