This was stated by Chairman/Managing Director NIT, Wazir Ali Khoja in a press release issued by NITL after its Board of Directors approved the annual accounts of all Funds under its management. MD-NIT further stated that as of 30th June 2012, NIT is managing 5 Funds with net assets under management of around Rs. 74,152 million.
NIT has declared a dividend @ Rs. 3.50 per unit for unit holders of NI(U)T for the year ended June 30, 2012 as compared to Rs. 4.0 per unit for the year ended on 30th June 2011.
While referring to the results of NIT-SEF for the year ended June 30, 2012, the MD-NIT stated that NITL has declared a bonus @ 9.30% on the face value of Rs. 50/- for the unit holders of NIT-SEF.
While unveiling the results of NIT-EMOF, MD-NIT informed that the Board has declared a bonus of Rs. 6.75 per unit for its unit holders for the year ended June 30, 2012.
MD NIT informed that NIT has declared a per unit distribution of Rs. 1.1094 for unit holders of NIT-GBF for the year ended 30th June 2012 as compared to the per unit distribution of Rs. 1.0201 for the year ended 30th June 2011.
For NIT-IF, NIT declared a per unit distribution of Rs. 1.1065 for FY12 as compared to per unit distribution of Rs. 1.0581 for FY11.