The fund is closing its book on July 30 for the dividend distribution, thus, the mutual fund unit holders registered in its book till July 29 can obtain the announced dividend.
Laxmi Equity Fund is a mutual fund operated by Laxmi Capital a subsidiary company of Laxmi Bank.
The board of directors meeting of the company held on July 22 decided to distribute 35 percent cash dividend to its mutual fund unitholders.