NCM Mutual Fund finally pays back handsome return to its unit holders

Fri, Jul 12, 2013 12:00 AM on Mutual Fund, Others,

ShareSansar, July 12

NCM Mutual Fund-2059 has become the one of the first mutual fund schemes in the country to provide a handsome return on investment to investors who had put their money in the fund.

The closed end 10 years mutual fund scheme was managed by NIDC Capital Markets.

NCM had announced to pay out to the investors a partial amount of Rs 25 on Baisakh 10, 2070. Finally, the fund published a notice saying that it will start paying out the remaining Rs 10 to the investors from Asar 28, Friday, following the sale of all of its assets.

NCM Mutual Fund- 2059 is refunding final amount @ Rs 10 per unit to all its unit holders after the expiry of closed end 10 years mutual fund scheme from today (28th Asar, 2070). 

NCM Mutual Fund- 2059 is refunding partial amount @ Rs 25 per unit to all its unit holders after the expiry of closed end 10 years mutual fund scheme from today (10 Baishak, 2070).

NCM Mutual Fund- 2059 is again going to auction its various held companies Shares and Debentures to the general public from today (16th to 22nd Falgun, 2069).