Both mutual funds are closing their books on September 14, thus, the unit holders registered in its book till September 13 will be eligible to obtain the announced returns.
Sunrise First Mutual Fund (SFMF) being operated under Sunrise Mutual Fund is distributing percent cash dividend worth Rs 103.2 million to its mutual fund unit holders.
The fund is managed by Sunrise Capital and promoted by Sunrise Bank.
Similarly, NIBL Pragati Fund, a mutual fund scheme operated under NIBL Mutual Fund is distributing 4.20 percent cash dividend to its mutual fund holders.