NIC Asia Growth Fund Announces Dividend

Jul 26, 2019 02:29 PM Merolagani

NICA Asia Growth Fund, managed by NIC Asia Capital, the subsidiary company of NIC Asia Bank has announced dividend of the last FY on July 26.

The board of directors meeting of the company held on July 26 decided to propose 10 percent cash dividend including tax to the unitholders of NIC Asia Growth Fund.

NIC Asia Capital will distribute cash dividend worth Rs 83.5 million to the unitholders.

NIC Asia Growth Fund is the first mutual fund operated by NIC Asia Capital.

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