Cash Dividend Declared: 4.5% for Sunrise Focused Equity Fund, and 12.50% for Sunrise First Mutual Fund

Sunrise Focused Equity Fund (SFEF), and Sunrise First Mutual Fund (SFMF) have declared the dividend for the fiscal year 2080/81 respectively.

The 145th meeting of the board of directors of LS Capital Limited held on Shrawan 24 has decided to distribute a 4.5% cash dividend (including tax) to the unitholders of Sunrise Focused Equity Fund (SFEF), and a 12.5% cash dividend (including tax) to the unitholders of Sunrise First Mutual Fund (SFMF) for the fiscal year 2080/81.

Sunrise Focused Equity Fund (SFEF) and Sunrise First Mutual Fund (SFMF) are closed-end mutual funds, each with a maturity period of 10 years. Both funds are sponsored by Laxmi Sunrise Bank and managed by LS Capital.

For the month of Ashadh, the Net Asset Value (NAV) of SFEF is reported at Rs. 10.54, while it closed at Rs. 9.68. Additionally, the NAV of SFMF is Rs. 11.67, with its closing value at Rs. 11.17.