Prabhu Select Fund Proposes 10% Cash Dividend and Prabhu Smart Fund Proposes 8.50% Cash Dividend for FY 2080/81

Prabhu Select Fund (PSF) and Prabhu Smart Fund (PRSF) have announced their dividends for the fiscal year 2080/81.

The 198th meeting of the board of directors of Prabhu Capital held on Bhadra 31 has decided to distribute a 10% cash dividend to the unitholders of Prabhu Select Fund (PSF) and an 8.50% cash dividend (including tax) to the unitholders of Prabhu Smart Fund (PRSF) for the fiscal year 2080/81.

Prabhu Select Fund (PSF) is a closed-end fund with a maturity of 7 years, while Prabhu Smart Fund (PRSF) is a closed-end fund with a maturity of 10 years. Both funds are sponsored by Prabhu Bank and managed by Prabhu Capital.

For the month of Ashadh, the Net Asset Value (NAV) of PSF is reported at Rs. 11.50, with a closing value of Rs. 10.54. The NAV of PRSF stands at Rs. 11.52, and it closed at Rs. 10.49.