NIC Asia Capital Distributing Cash Dividend of 2 Mutual Funds Directly into Bank Accounts

NIC Asia Capital Limited is distributing cash dividend of NIC Asia Balanced Fund (NICBF) and NIC Asia Growth Fund (NICGF) directly to bank accounts of investors from Mangsir 02 and has urged unitholders to dematerialize their units.

NIC Asia Capital Limited, through its board meet held on 28 Ashwin, 2079, proposed 13% cash dividend worth Rs 10.85 crores for NIC Asia Growth Fund whereas NIC Asia Balanced Fund declared 13% cash dividend worth Rs. 9.81 crores from the profit of FY 78/79 for the unit holders including the tax amount.

Investors who have a Demat account but have not received the cash dividend should authorize their bank details on their Demat account to get the dividend.

Notice for NICBF

Notice for NICGF