NIBL Samriddhi Fund 1 announces 12% cash dividend amounting to Rs. 12 crores to its unitholders

NIBL Samriddhi Fund 1 (NIBSF1) has announced a 12% cash dividend to its unitholders.

The 80th meeting of the Board of Directors held today, i.e. Shrawan 23, 2077, decided to distribute the dividend that amounts to Rs. 12 crores.

NIBL Samriddhi Fund 1's Net Asset Value (NAV) per unit is Rs. 11.6 as of Ashad end, 2077.

NIBL Samriddhi Fund-1 (NIBSF1) is a 7-year closed-end mutual fund scheme managed by NIBL Ace Capital Limited. Meanwhile, NIBL Ace Capital also manages two other mutual funds: NIBL Pragati Fund (NIBLPF) and NIBL Sahabhagita Fund. As of writing, their NAV per unit as of Ashad end, 2077 stand at Rs. 9.86 and Rs. 11.07 respectively.

As of writing, NIBL Samriddhi Fund 1's LTP is Rs. 10 per unit.