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
