Kathmandu. Prabhu Mutual Fund has announced to provide 12 percent return to unit holders for the fiscal year 2082-83.
Prabhu Select Fund and Prabhu Smart Fund, the fund promoter and manager of Prabhu Capital Schemes, have decided to distribute 12% of the returns on the issue.
A meeting of the Board of Directors of Prabhu Capital held on August 19 has decided to distribute the returns to the unit holders of both the schemes. According to the company, the proposal will be made available to the concerned unit holders after the completion of the regulatory process.
Both the closed-end schemes have announced to distribute the same rate to the unit owners on the basis of the returns received from the investment management of the last fiscal year.
