July 30, 2021 | Investopaper
NIBL Sambriddhi Fund-1 (NIBSF1) has proposed the dividend to its unit-holders. The dividend is from the profit of the fiscal year 2077/78.
NIBL Sambriddhi Fund-1 has declared a 35 percent cash dividend worth Rs 35 crores. The board meeting of NIBL Ace Capital held on Shrawan 14, 2078 BS made the dividend decision.
In the previous fiscal year 2076/77, the mutual fund scheme had announced a 12 percent dividend to the shareholders. Similarly, the fund had distributed a 6.50 percent dividend from the fiscal year 2075/76.
NIBL Sambriddhi Fund-1 is a close-ended mutual fund scheme. NIBL Ace Capital Limited is the fund manager of the scheme.