NIBL Sahabhagita Fund (NIBLSF) has announced to distribute a four percent cash dividend including tax to its shareholders for the fiscal year 2079/80.
The meeting of the board of directors held on 11th Shrawan, 2080 has decided to distribute 4% cash dividend incl tax and has maintained book closure date as 11th shrawan itself. This means that shareholder maintained before this date are eligible for receiving the announced cash dividend and interested investors can also participate in its dividend re-investment plan.
NIBL Sahabhagita Fund (NIBLSF) is the first open ended SIP Mutual of Nepal which was issued by NIBL Capital Limited in 09 July, 2019 A.D. The SIP Mutual Fund NIBLSF has 16.09 crore unit listed shares, with Rs. 10 as the face value of each unit. The units are not listed in any stock exchange; the trading is facilitated by the fund manager through various distribution outlets.
Its applicable Net Asset Value (NAV) is determined by fund manager on daily basis. Its areas of investment includes IPO, FPO, Right Shares along with securities that are registered with SEBON, bond and debentures, bank deposits and Money Market Instruments.