30 August 2024, Kathmandu
NIC Asia Bank Limited has announced a significant milestone for its NIC Asia Dynamic Debt Fund, with a 10% return now deposited into the bank accounts of its unit holders.
NIC Asia Dynamic Debt Fund Distributes
This distribution marks a notable achievement for the fund, which is managed by NIC Asia Capital and operates under the NIC Asia Bank Mutual Fund.
The 10% return for the financial year 2080/81 has been successfully credited to the respective unit holders’ bank accounts starting from August 25. The distribution process involved updating the bank and financial institution account numbers for all beneficiary accounts, ensuring that the returns were accurately transferred.
As the fund promoter, NIC Asia Bank has overseen this distribution, with NIC Asia Capital as the scheme manager. The NIC Asia Dynamic Debt Fund is an open-ended scheme designed to provide investors with steady returns through a diversified portfolio of debt instruments.
The return distribution is a testament to the fund’s performance and management, reflecting a solid return on investment for the unit holders. The 10% return demonstrates the fund’s ability to generate favourable outcomes for its investors while maintaining stability and security in its investment strategy.
Investors in the NIC Asia Dynamic Debt Fund can now see the tangible benefits of their investment, with the returns providing added value to their portfolios. This distribution reinforces NIC Asia Bank’s commitment to delivering positive results and transparency to its investors.
NIC Asia Bank and NIC Asia Capital have ensured that all unit holders receive their due returns promptly. The meticulous update of account information and the smooth execution of the distribution process underscores the efficiency and reliability of the fund’s management.
The NIC Asia Dynamic Debt Fund is part of NIC Asia Bank Mutual Fund’s broader suite of investment options, aimed at providing investors with opportunities to achieve their financial goals. The successful distribution of the 10% return highlights the fund’s robust performance and the bank’s dedication to serving its customers effectively.
For more information about the NIC Asia Dynamic Debt Fund and its performance, investors are encouraged to visit the NIC Asia Bank website or contact the bank directly. This distribution not only reflects the fund’s success but also reaffirms NIC Asia Bank’s commitment to offering valuable investment opportunities to its clients.
NIC Asia Dynamic Debt Fund Distributes
