NIBLSF re-informs its unit holders regarding its dividend re-investment plan


6th Apr, 2021 | Tourism Mail Crew


KATHMANDU, April 06: NIBL Sahabhagita Fund (NIBLSF), an Open Ended fund sponsored by Nepal Investment Bank Limited and managed by NIBL Ace Capital Limited re-informs its unit holders regarding its Dividend Re-Investment Plan. 

 

Under this plan, the unit holders who wish to utilize the said plan can reinvest their eligible cash dividends in the units of NIBLSF. The participant will get units of NIBLSF which equals to their eligible cash dividend (after deduction of applicable taxes and transaction cost).

 

Further, unit holders who register their name before book closure will only be eligible for the Dividend Re-Investment Plan for dividend that will be announced in current fiscal year or upcoming fiscal years. The unit holders can participate or register in the plan by either registering their name by filling the required forms by visiting the branches of NIBL Ace Capital Limited or its distribution agents or registering their name by filling the Dividend Re-Investment Plan Registration Form placed at https://mutualfund.niblcapital.com/. Similarly, they can also participate by registering their name by sending e-mail to drep.mutualfund@niblcapital.com with their e-mail address mentioned in respective demat account with information such as Unit holder’s name, their BOID and contact number.