NMB Mutual Fund Announces Returns for 2 Mutual Fund Scheme

Sep 19, 2023 10:42 AM Merolagani

NMB Mutual Fund, a mutual fund operating under NMB Capital, a subsidiary company of NMB Bank has announced returns of NMB Hybrid Fund L-1 and NMB Fifty.

The board of directors meeting of the company held on September 18 decided to propose 15 percent cash returns each for both mutual funds.

In this regard, the company is closing its book on October 29, thus, the mutual fund unit holders registered in its book till October 28 will be eligible to obtain the announced returns.

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Commercial Banks Cut Interest Rates, Again

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