Unit holders of NIC Asia Growth Fund to get 10% cash dividend from profits of FY 75/76; NAV as of Jestha stands at Rs.11.15
Fri, Jul 26, 2019 12:05 PM on Dividend, Bonus & Rights, Latest, Mutual Fund,
Nepal Stock Exchange Limited (NEPSE) has published a notice regarding the dividend of NIC Asia Growth Fund (NICGF).
The 61st BOD meeting of NIC Asia Capital Limited has decided that the unitholders will be getting 10% cash dividend worth Rs.8.35 Crore (including tax) out of the profits of FY 75/76. The decision comes after completion of auditing of financial highlights of FY 75/76.
The mutual fund scheme reported a fall in NAV for the month of Jestha. The NAV stood at Rs.11.15 compared to NAV of Rs.11.35 posted in the previous month. As of 25th July, 2019, the LTP stands at Rs.9.89 per unit.
Currently, NIC Asia Capital Limited, second mutual fund scheme named NIC Asia Balanced Fund is ongoing since Shrawan 8, 2076. The fund size is Rs 125 crore.
