Kathmandu. Four funds run by NIC Asia Capital have declared dividends at the same time.

Funds managed by Capital have declared cash dividends. The funds have set aside Rs 365.42 million as dividend from the profits of the last fiscal year.

Nic Asia Flexi Cap Fund will pay 10.10 per cent, NIC Asia Balanced Fund 9.90 per cent, NIC Asia Select-30 (Index Fund) 8.65 per cent and NIC Asia Dynamic Debt Fund 5.55 per cent.

All the funds are going to close the book for one day on August 15 for the purpose of paying cash dividend. The shareholders who have remained in office on August 15 will receive the dividend fixed by the company.