Dividend Re-Investment Plan in NIC Asia Dynamic Debt Fund

August 1, 2024 | Investopaper

NIC Asia Capital Limited, a fund manager and depository of NIC Asia Dynamic Debt Fund- an Open Ended Mutual fund sponsored by NIC Asia Bank Limited, has informed its unit holders regarding its Dividend Re-Investment Plan. Under this plan, the unit holders who wish to utilize the said plan can reinvest their eligible cash dividends in the units of the fund.

The participant will get units of the fund which equals to their eligible cash dividend (after deduction of applicable taxes and transaction cost). The open ended scheme has proposed 10 percent cash dividend from the fiscal year 2080/81.

Interested unit holders should register in the Dividend Re-Investment Plan by Shrawan 32, 2081 BS.

The unit holders can participate or register in the plan by filling the Dividend Re-Investment Plan Registration Form placed at:

Dividend Reinvestment Plan- NIC Asia Dynamic Debt Fund


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