The mutual funds are closing their books on November 8 for return distribution, thus, the mutual fund unit holders registered in their books till November 7 will be eligible to obtain the announced returns.
NIC Asia Balance Fund is distributing 10 percent returns to its mutual fund unit holders.
NIC Asia Growth Fund (NICGF) is distributing 10.50 percent returns to its mutual fund unit holders.
Both funds are managed by NIC Asia Capital and promoted by NIC Asia Bank.
