NIC Asia Capital's "NIC Asia Dynamic Debt" Proposes 10% Cash Dividend for FY 2079/80

NIC Asia Capital Limited has proposed a 10% cash dividend for NIC Asia Dynamic Debt Fund (NADDF). This is the dividend for the fiscal year 2079/80.

The 129th meeting of the Board of Directors of NIC Asia Capital Limited, held on Friday, 19 Shrawan, 2080, has decided to distribute a 10% cash dividend (including tax) for NIC Asia Dynamic Debt Fund (NADDF). 

This is an open-end fund and has no fixed maturity period. The total size of the fund is Rs 55.11 crores whereas the NAV stood at Rs. 11.10 for the month of Ashad.