Nabil Equity Fund (NEF) To Provide 5 Percent Cash Dividend

October 12, 2022 | Investopaper

Nabil Equity Fund (NEF) has announced dividend to its unit-holders. The dividend announcement is from the fiscal year 2078/79.

NEF has proposed a 5 percent cash dividend that amounts to Rs 6.25 crores. The board meeting of Nabil Investment Banking Limited held on Ashwin 25, 2079 BS made the announcement about the dividend.

Related: Nabil Balanced Fund-2 (NBF) Dividend

From the previous fiscal year 2077/78, NEF had provided a 40 percent cash dividend that amounted to Rs. 50 crores. Likewise, in the fiscal year 2076/77, the scheme had distributed a a 6 percent cash dividend worth Rs 7.5 crores.

Nabil Equity Fund is a close-ended equity scheme. It has the fund size of NPR. 1.25 Arba. The fund has a maturity period of 7 years. It will mature on 18th Kartik 2080. The scheme was alloted to unitholders on 19th Kartik 2073.

Nabil Investment Banking Limited is the fund manager of the scheme.

Suggested Readings:

Dividend Announcement By Mutual Funds In Nepal

Mutual Funds In Nepal: Every Thing You Need To Know


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