The board of directors meeting of the company held on July 28 decided to distribute 16 percent returns to its mutual fund unit holders.
In this regard, the company is closing its book on July 29, thus, the mutual fund units holders registered in its book till July 28 will be eligible to obtain the returns.
Shuva Laxmi Kosh is an open ended scheme. Mutual fund unit holders can reinvest the returns obtained in the same scheme. Those who are willing to reinvest in the scheme are required to submit their names by August 1.
