22nd July 2025, Kathmandu
NIBL Sahabhagita Fund, a leading open-ended mutual fund scheme under the NIBL Mutual Fund, has announced a 7% cash dividend (including tax) for the fiscal year 2081/82.
NIBL Sahabhagita Fund Declares
This dividend declaration, approved by the scheme manager NIMB Ace Capital, underscores the fund’s commitment to delivering consistent returns to its unit holders.
Key Dividend Details:
Dividend Rate: 7% cash dividend (including tax)
Book Closure Date: July 21 (Shrawan 5)
Eligibility: Unit holders registered by July 20 (Shrawan 4) will be eligible. The approved fund size of the NIBL Sahabhagita Fund has now reached NPR 6 billion.
Reinvest Your Dividends for Growth
A significant advantage for NIBL Sahabhagita Fund unit holders is the reinvestment option. Investors can choose to reinvest their dividend amount to purchase additional units at an adjusted price. This feature allows for compounding returns, as reinvested units will be deposited into the beneficiary account after the fund size increment is approved.
Nepal Investment Mega Bank proudly serves as the fund promoter for this pioneering scheme.
NIBL Sahabhagita Fund: Nepal’s First Open-Ended Mutual Fund
Launched after the implementation of the Mutual Fund Regulations, 2067, and Mutual Fund Guidelines, 2069 by SEBON, the NIBL Sahabhagita Fund holds the distinction of being the first-ever open-ended mutual fund scheme in Nepal. It was established to provide reliable and liquid investment alternatives for Nepalese investors nationwide.
Fund Objectives:
The core objective of the NIBL Sahabhagita Fund is to institutionalize open-ended mutual fund investment within the Nepalese capital market. It offers a flexible and liquid investment avenue, fostering long-term financial discipline by encouraging the conversion of regular savings into strategic investments. The fund remains dedicated to providing steady returns to its unit holders over the long term.
Scheme Details at a Glance:
Scheme Type: Open Ended
Approved Size: NPR 2 Billion (extendable)
Seed Capital: NPR 300 Million (15%)
New Fund Offer (NFO): NPR 125 Million
Par Value: NPR 10 per unit
Approval Date: 09/01/2076 BS (April 22, 2019 AD)
Allotment Date: 24/03/2076 BS (July 09, 2019 AD)
Tradable Price: Based on daily Net Asset Value (NAV)
Trading: Handled by the fund manager via distribution outlets
Re-purchase/Sale Start: 3 months after allotment
Understanding the Charges:
Fund Management & Depository Fee: 1.25% and 0.2% of NAV, respectively
Fund Supervisor’s Fee: 0.12% of NAV
Exit Load: Ranges from 1.5% to 0.75% within 24 months
Entry Load: None
Consistent Dividend History:
The NIBL Sahabhagita Fund has a track record of distributing dividends to its unit holders:
FY 2076/77: 8.25%
FY 2077/78: 50%
FY 2078/79: 7.2%
FY 2081/82: 7% (Latest Declaration)
Flexible Investment Options:
Catering to diverse investor needs, the fund provides various investment plans, including:
Systematic Investment Plans (SIPs): For regular, disciplined investing.
Return Re-investment Plans (DRePs): The dividend reinvestment option.
Systematic Withdrawal Plans (SWPs): For investors seeking regular income.
This comprehensive overview highlights the NIBL Sahabhagita Fund’s latest dividend declaration and its role as a pioneering and reliable investment avenue for Nepalese investors seeking growth and liquidity in the capital market.
For more: NIBL Sahabhagita Fund Declares