NIC Asia Growth Fund (NICGF) has decided to distribute 12 percent dividend (including tax) and NIC Asia Balance Fund (NICBF) has decided to distribute 8 percent dividend to its mutual unitholders.
The board of directors meeting of the company held on August 10 decided to distribute Rs 100.2 million worth of dividend to NIC Asia Growth Fund and Rs 60.4 million worth of dividend to NIC Asia Balance Fund holders.