Nabil Balance Fund-1 proposes 30% cash dividend to unit holders

Nabil Balance Fund-1 has proposed 30 percent cash dividend to its unit holders. As per the notice published on Nepal Stock Exchange Limited (NEPSE) today, the BOD meeting of the company held today (Bhadra 26, 2073) has proposed 30 percent cash dividend to its unit holders. The decision is subjected to approval from concerned authorities. NBF-1, a closed-ended 5 years mutual fund scheme managed by Nabil Investment Banking Limited has Net Asset Value (NAV) stand of Rs 28.22 by the end of Shrawan . The scheme, which began with a total fund of Rs 75 crore, has invested Rs 1.56 arba in 71 listed companies’ shares and Rs 10.32 crore in non-listed shares as of Shrawan end. Its Last Traded Price (LTP) stood at Rs 24.90 at NEPSE on September 8, 2016.