When's the Book Closure for 10% Cash Dividend of NIC Asia Dynamic Debt Fund?

NIC Asia Dynamic Debt Fund has declared the book closure date for its dividend. The fund has proposed a 10% cash dividend for the fiscal year 2077/78. Unitholders maintained before Shrawan 28 are entitled to the dividend payout. Books will be closed on that day for the same purpose.

While the mutual fund schemes in Nepal invest primarily in equities, with NIBL Sahabhagita Fund investing in both equities and debt, the "NIC Asia Dynamic Debt Mutual Fund" invests primarily in debt instruments, i.e. debentures.

The NAV of the fund in Ashar stands at Rs. 11.26. In the earlier month, it was Rs. 11.39. "NIC Asia Dynamic Debt Mutual Fund" is at a profit of over Rs. 6.34 crores. Last month, the profit was Rs. 6.93 crores.

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