Sat, Apr 27, 2024
NIC Asia Capital has announced returns of two mutual funds including NIC Asia Growth Fund and NIC Asia Balanced Fund for the last FY.
The board of directors meeting of the company held on 14 October decided to propose 10.50 percent returns to mutual fund unit holders of NIC Asia Growth Fund and 10 percent returns to NIC Asia Balanced Fund.
The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.
