NIBL Growth Fund Declares 6.35% Dividend For FY 2080/81

NIBL Growth Fund (NIBLGF) has announced its dividend for the fiscal year 2080/81.

At the 126th board meeting of NIMB Ace Capital Limited, held on Bhadra 20, it was decided to distribute a 6.35% dividend (including tax), amounting to Rs. 8.38 Crore, to NIBL Growth Fund (NIBLGF) for the fiscal year 2080/81.

NIBL Growth Fund (NIBLGF) is a closed-ended mutual fund with a 10-year maturity period. It is sponsored by NIMB Bank Limited and managed by NIMB Ace Capital Limited.

For the month of Ashadh, the Net Asset Value (NAV) of NIBLGF stands at Rs. 10.64, with a closing value of Rs. 9.20.

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