The book closure date of NMB Hybrid Fund L-1 (NMBHF1) and NMB 50 (NMB50) have been announced for dividend distribution purposes.
Both NMB Hybrid Fund L-1 and NMB 50 have declared a 15% cash dividend for the fiscal year 2079/80. Both mutual funds' book closure is announced on Ashwin 12.
Thus, unit holders who own the units of either of the mutual fund schemes before Ashwin 12 are entitled to the dividend payout.
NMB Hybrid Fund L-1 (NMBHF1) is a 7-year mutual fund and NMB 50 (NMB50) is a 10-year mutual fund scheme managed by NMB Capital.