25 mutual funds declare dividends before Dashain; Himalayan 80-20 tops with 15 percent
For fiscal year 2082/83, 25 mutual funds have declared cash dividends. Himalayan 80-20 announced the highest at 15 percent, while Nabil Balanced Fund-3 declared the lowest at 2.5 percent. Siddhartha Equity Fund and Siddhartha Equity Fund-2 will not distribute dividends this year.
Ahead of Dashain, 25 mutual funds have declared cash dividends for fiscal year 2082/83. The funds announced dividends after completing audits, to be distributed to investors.
Among the declared dividends, Himalayan 80-20 offers the highest return, announcing a 15 percent dividend for its investors. Nabil Balanced Fund-3 will distribute the lowest at 2.5 percent.
Among the schemes declaring dividends, Global IME Balanced Fund-1, Prabhu Select Fund, and Prabhu Smart Fund will each give 12 percent. Similarly, Siddhartha Investment Growth Scheme-3, NMB Sulav Investment Fund-2, Kumari Equity Fund, and Kumari Dhanabriddhi Yojana have declared 10 percent dividends.
Dividend rates for other funds are as follows:
- Reliable Samriddhi Yojana: 8.4211 percent
- Siddhartha Investment Growth Scheme-2 and MBL Equity Fund: 8 percent each
- RBB Mutual Fund-2: 6 percent
- Citizens Super 30 Mutual Fund and NMB Saral Bachat Fund-E: 5.25 percent each
- Sanima Growth Fund: 5 percent
- Kumari Sunaulo Lagani Yojana: 4.7 percent
- Sunrise Focused Equity Fund and NMB Hybrid Fund L-2: 4.5 percent each
- Nabil Balanced Fund-2: 3.5 percent
- NMB 50: 3.15 percent
- Siddhartha Systematic Investment Scheme: 3 percent
- Kumari Sabal Yojana: 2.9 percent
- RBB Mutual Fund-1: 2.75 percent
- Muktinath Mutual Fund-1: 2.2 percent
Not all mutual funds are in a position to pay dividends this year. Siddhartha Equity Fund and Siddhartha Equity Fund-2 will not distribute dividends this year.
Mutual funds invest a large portion of their collected capital in the securities market and distribute dividends to unit holders based on profits from share trading and investments. However, with the stock market currently in a contraction, not all funds have been able to offer attractive returns.