Sunrise First Mutual Fund (SFMF) distributing 7% dividend for FY 2076/77 from today

Mon, Oct 5, 2020 10:33 AM on Latest, Dividend, Bonus & Rights, Mutual Fund,

Sunrise First Mutual Fund (SFMF) is distributing the dividend for the fiscal year 2076/77 from today, i.e. Ashwin 19, 2077.

The mutual fund scheme had declared a 7% cash dividend amounting to Rs. 6.02 crores for FY 2076/77. The book closure date was Ashwin 11. Thus, unitholders maintained till that date are entitled to this dividend payout. The dividend will be deposited into the bank accounts that unitholders have registered with their BOID.

Sunrise First Mutual Fund (SFMF) is a close-ended fund with a maturity period of 10 years sponsored by Sunrise Bank and managed by Sunrise Capital.

As of writing, its LTP stands at Rs. 9.69. Its NAV stands at Rs 11.81 on Bhadra as against Rs 11.20 during the previous month of Shrawan. Also, SFMF has reported a net profit of Rs 7.15 crore in Bhadra, compared to the net profit of Rs 1.9 crore in Shrawan.