NIC Asia Balanced Fund and NIC Asia Growth Fund depositing cash dividend from today

Tue, Sep 22, 2020 10:15 AM on Latest, Dividend, Bonus & Rights, Mutual Fund,

NIC Asia Balanced Fund and NIC Asia Growth Fund are distributing their respective cash dividend directly to the bank account of its unitholders from today, i.e. 6th Ashwin, 2077.

NIC Asia Balanced Fund will distribute 8% dividend for the fiscal year 2076/77 amounting to Rs. 6.04 crores. Meanwhile, NIC Asia Growth Fund will distribute a 12% dividend worth Rs. 10.02 crores for the same fiscal year.

Their respective book closure date was announced on Bhadra 25, 2077. This means investors who were unitholders of the respective funds before that date are entitled to the dividend payout.