Prabhu Capital Limited, a subsidiary of Prabhu Bank Limited and the fund manager of Prabhu Mutual Fund, has published a notice regarding the closure of the unit register (book closure) for its two mutual fund schemes – Prabhu Select Fund (PSF) and Prabhu Smart Fund (PSMF).
According to the notice, the book closure date has been fixed for 15th Bhadra, 2082 (Thursday). Investors holding units of these schemes by the book closure date will be eligible for the announced returns.
Details of the Mutual Fund Schemes
| S.N. | Scheme Name | Scheme Type | Announced Return |
|---|---|---|---|
| 1 | Prabhu Select Fund (PSF) | Close-ended Fund | 12.00% Dividend |
| 2 | Prabhu Smart Fund (PRSF) | Close-ended Fund | 10.00% Dividend |
Key Highlights of the Notice
Only those unitholders whose names are registered in the unit register by the end of 13th Bhadra, 2082, will be eligible to receive the dividend.
After the book closure, units transferred or sold will not be counted for dividend entitlement.
Investors requiring No Objection Letters (NOC) or Release Letters are advised to complete the process before the book closure date.
Why This Matters for Investors
Book closure is a crucial date for investors because it determines who will be eligible for dividends. If you are planning to buy or sell units of Prabhu Select Fund or Prabhu Smart Fund, you should be aware of the book closure date to ensure your entitlement to the dividend.
Both funds — being close-ended mutual fund schemes — provide investors an opportunity to participate in the capital markets with professional management and a diversified portfolio.
Conclusion
Prabhu Mutual Fund continues to strengthen investor confidence by maintaining transparency and rewarding unitholders with attractive dividends. Investors should carefully note the book closure date of 15th Bhadra, 2082, to ensure they remain eligible for the announced 10% dividend from both Prabhu Select Fund and Prabhu Smart Fund.
Notice: Prabhu Mutual Fund Announces Closure of Unit Register for Two Schemes
