Laxmi Equity Fund Declares 35 Percent Cash Dividend

July 22, 2021 | Investopaper

Laxmi Equity Fund (LEMF) has declared the dividend to its unit-holders. The dividend announcement is from the fiscal year 2077/78.

LUK has proposed a 35 percent cash dividend including for tax. The board meeting of Laxmi Capital Limited held on Shrawan 7, 2078 BS [July 22, 2021] made the announcement about the dividend.

Related: Laxmi Unnati Kosh (LUK) Dividend Announcement

From the previous fiscal year 2076/77, Laxmi Equity Fund had distributed a 4.25 percent cash dividend worth Rs 5.31 crores.

Laxmi Equity Fund is a close-ended scheme under Laxmi Mutual Fund. It has the fund size of NPR. 1.25 Arba. The fund has a maturity period of 7 years. It will mature on June 11, 2024. The scheme was allotted to the unitholders on June 12, 2017.

Laxmi Capital Limited is the fund manager of the scheme.

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