Kathmandu. NIC Asia Growth Fund, managed by NIC Asia Capital, will be traded only until Sunday, Falgun 25. Trading in the secondary market of the fund will close from Falgun 26. This fund is a 7-year closed-end plan.
According to the capital, this fund is scheduled to mature on Falgun 25. Only unit holders who have held the unit till 25th Falgun will receive the returns after the termination of this scheme.
If the fund’s units are yet to be dematerialized, Capital has requested that they dematerialize as soon as possible and update the bank account number in the beneficiary account as cash returns are yet to be received.
This scheme has distributed a total of 85 percent returns over a period of 6 years. After its launch, the fund distributed returns of 10 percent in the first year, 12 percent in the second year, 30 percent in the third year, 13 percent in the fourth year, 10.5 percent in the fifth year, and 9.50 percent in the sixth year.
1741236470871
