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Mutual Funds Announce Dividends, Distributing Returns to Unit Holders

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NEPSE trading

Mutual Funds Announce Dividends, Distributing Returns to Unit Holders

With the dividend season underway, companies have started declaring returns for their shareholders. So far, 20 mutual funds have announced dividends for the fiscal year 2080/81. This year, mutual funds are taking the lead in dividend distribution.

Key Highlights:

Mutual Funds Announcing Dividends:

  • Sanima Equity Fund: 15% cash dividend, book close date: Bhadra 26.

  • Sanima Growth Fund: 10% cash dividend, book close date: Bhadra 26.

  • Sanima Large Cap Fund: 10% cash dividend, book close date: Bhadra 26.

  • Siddhartha Investment Growth Scheme 3: 7% cash dividend, book close date: Bhadra 23.

  • Kumari Dhanvridhi Yojana: 9.5% cash dividend, book close date: Bhadra 19.

  • Kumari Equity Fund: 9.5% cash dividend, book close date: Bhadra 19.

  • Kumari Sunaulo Yojana (Open-ended): 10.5% cash dividend, book close date: Bhadra 11.

  • Sunrise First Mutual Fund: 12.5% cash dividend, book close date: Bhadra 7.

  • Sunrise Focused Equity Fund: 4.5% cash dividend, book close date: Bhadra 7.

  • NIC Asia Growth Fund: 9.5% cash dividend, book close date: Bhadra 28.

  • NIC Asia Flexi Cap Fund: 10.5% cash dividend, book close date: Bhadra 28.

  • NIC Asia Select 30 Fund: 14% cash dividend, book close date: Bhadra 28.

Funds with Book Close Dates:

Various mutual funds have set book close dates in the month of Bhadra, making it important for unit holders to pay attention to dividend distribution.

RBB Merchant Banking Funds:

  • RBB Mutual Fund 1: 3.81% cash dividend, book close date: Bhadra 31.

  • RBB Mutual Fund 2: 8.74% cash dividend, book close date: Bhadra 31.

Details of Other Proposed Dividends:

Other mutual funds, including NIC Asia Dynamic Debt Fund and NIBL Growth Fund, have also announced returns, though their book close dates have not been specified yet.

Importance of Dividends:

The announcement of book close dates is crucial to inform unit holders in a timely manner. This ensures eligibility for receiving dividends.

Conclusion:

This year, mutual funds have played a key role in dividend distribution. By paying attention to the announcements and book close dates, unit holders can secure their returns.

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