Kumari Equity Fund and Kumari Dhanbriddhi Yojana Proposes 10% and 6% Cash Dividend for FY 2079/80

Kumari Capital Limited has proposed cash dividends to the unitholders of Kumari Equity Fund (KEF) and Kumari Dhanbriddhi Yojana (KDBY). This is the dividend for the fiscal year 2079/80.

The 60th meeting of the Board of Directors of Kumari Capital Limited, held on 25th Shrawan, decided to distribute a 10% cash dividend for Kumari Equity Fund (KEF) and a 6% cash dividend (including tax) for Kumari Dhanbriddhi Yojana (KDBY) for the fiscal year 2079/80 to its unitholders.

Kumari Equity Fund (KEF) has a fund size of Rs. 1 arba. The NAV of the fund stands at Rs. 11.03 in the month of Ashad. Similarly, Kumari Dhanabriddhi Yojana has a fund size of Rs. 1.22 Arba and its NAV stands at Rs. 11.12 in Ashad.

The book closure date for the proposed dividend is yet to be published.