NIC Asia Capital's 3 Mutual Funds Proposed Dividend for Fiscal Year 2077/78

The 93rd board meeting of NIC Asia Capital Limited held on Shrawan 15 has proposed dividends for NIC Asia Growth Fund (NICGF), NIC Asia Balanced Fund (NICBF), and NIC Asia Dynamic Debt Fund (NADDF) for the fiscal year 2077/78.

The dividend is as follows:

1.  NIC Asia Growth Fund (NICGF): 30% Cash Dividend including tax

2. NIC Asia Balanced Fund (NICBF): 30% Cash Dividend including tax

3. NIC Asia Dynamic Debt Fund (NADDF): 10% Cash Dividend including tax

NIC Asia Growth Fund (NICGF), a closed-end 7 years mutual fund, NIC Asia Balanced Fund (NICBF), a 10 years closed-end mutual fund scheme, and NIC Asia Dynamic Debt Fund (NADDF), an open-end mutual fund managed by NIC Asia Capital Limited.