Kathmandu: Mutual funds operated under the management of NIC Asia Capital have announced cash dividends from their profits for the last fiscal year.
A total of Rs 365.4 million (36 crore 54 lakh 22 thousand 410) will be distributed across four mutual funds, the company confirmed.
The individual cash dividends declared by the funds are as follows: NIC Asia Flexi Cap Fund: 10.10 percent, NIC Asia Balanced Fund: 9.90 percent, NIC Asia Select 30 (Index Fund): 8.65 percent, and NIC Asia Dynamic Debt Fund: 5.55 percent.
To facilitate this distribution, the unit holder register will be closed on 13 August 2025. Investors must be unit holders by Wednesday, 12 August to be eligible for the proposed dividends.
These mutual funds are a popular investment option for individuals seeking moderate returns with diversified portfolios managed by professionals under NIC Asia Capital.
Comment Here