Kathmandu, Jan 5
NCM Mutual Fund-2059 has begun distributing Rs 8 to its unit holders as the last batch of dividend of its ten year closed end scheme, which has already ended.
With the latest returns, one of the first mutual funds of the country has provided a handsome return of Rs 43 against its scheme with a par value of Rs 10.
The scheme was managed by NIDC Capital Markets.
NCM had announced to pay out to the investors a partial amount of Rs 25 on April 23 last year and Rs 10 more to the investors on July 12, following liquidation, sale and auctions of all of its assets at the end of the scheme.
The unit holders can collect the dividend from the RTS of the mutual fund, NCM Merchant Banking Limited from 10:00 Am to 2:00 PM from Sunday to Thursday, and from 10:00 AM to 12:00 PM on Friday.
NCM Mutual Fund-2059 has begun distributing Rs 8 to its unit holders as the last batch of dividend of its ten year closed end scheme, which has already ended.
With the latest returns, one of the first mutual funds of the country has provided a handsome return of Rs 43 against its scheme with a par value of Rs 10.
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The scheme was managed by NIDC Capital Markets.
NCM had announced to pay out to the investors a partial amount of Rs 25 on April 23 last year and Rs 10 more to the investors on July 12, following liquidation, sale and auctions of all of its assets at the end of the scheme.
The unit holders can collect the dividend from the RTS of the mutual fund, NCM Merchant Banking Limited from 10:00 Am to 2:00 PM from Sunday to Thursday, and from 10:00 AM to 12:00 PM on Friday.
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