Kumari Sunaulo Lagani Yojana (KSLY), Kumari Equity Fund (KEF), and Kumari Dhanabriddhi Yojana (KDBY) have announced their dividend payouts for the fiscal year 2080/81. The 70th meeting of the board of directors of Kumari Capital Limited, held on Bhadra 10, finalized the dividend distribution plans for these funds.
Kumari Sunaulo Lagani Yojana (KSLY) will distribute a 10.5% return to its unitholders. Kumari Equity Fund (KEF) has declared a 9.5% cash dividend, which includes tax, amounting to Rs. 9,50,00,000. Similarly, Kumari Dhanabriddhi Yojana (KDBY) will provide a 9.5% cash dividend, also including tax, totaling Rs. 11,63,81,896.05 to its unitholders.
KSLY is an open-ended fund, while KEF and KDBY are closed-end mutual funds with a 10-year maturity period. All three funds are sponsored by Kumari Bank Limited and are managed by Kumari Capital.
For the month of Ashadh, the Net Asset Value (NAV) of Kumari Equity Fund (KEF) stood at Rs. 10.96, with a closing value of Rs. 9.80. Kumari Dhanabriddhi Yojana (KDBY) reported an NAV of Rs. 11.50 and a closing value of Rs. 10.69. Meanwhile, Kumari Sunaulo Lagani Yojana (KSLY) recorded an NAV of Rs. 11.84.
