The dividend is based on unit holdings as of 5th Shrawan 2081.
NIBL Mutual Fund has announced a 7% cash dividend (including tax) for the fiscal year 2081/82 under its scheme NIBL Samriddhi Fund. The decision was approved in a board meeting held on 5th Shrawan 2081.
The scheme also declared book closure on the same day, meaning only those unit holders recorded by 5th Shrawan will be eligible for the dividend.
Although the fund’s initial size of Rs. 6 arba has been fully subscribed, additional units applied for by 5th Shrawan will only be credited after the Securities Board of Nepal (SEBON) approves the scheme size increment. Only after that will the new units be eligible for dividends.
Being an open-ended scheme, investors also have the option to reinvest the dividend. After deducting tax and depository charges, the remaining amount will be reinvested at the adjusted NAV.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
