KATHMANDU: Nabil Bank Limited is the fund promoter and Nabil Investment Banking Limited is the scheme manager of Nabil Mutual Division.

The meeting of the Board of Directors of Nabil Investment Banking Limited held on September 3 has decided to provide cash compensation to the unit holders of Nabil Balanced Fund 2 and Nabil Balanced Fund 3.

As per the decision, the unit holders of Nabil Balanced Fund 2 will get 3.5 percent cash return while the unit holders of Nabil Balanced Fund 3 will get 2.5 percent cash return.

However, Nabil Flexi Cap Fund and NI 31 schemes operated under Nabil Investment Banking Limited have not declared any returns this time.

For the purpose of distributing the declared returns, both the schemes will close the book for one day on Wednesday, September 23.

According to this, the unit holders who have purchased the units till September 20 will be able to get the declared returns. Investors who buy units after September 22 will not be eligible for the returns this time.