Monday, January 21, 2008 11:05 Hrs IST
DSP ML MF declares 70% dividend on Equity Fund
Record date for dividend is 25 January 2008
DSP Merrill Lynch Mutual Fund has announced the dividend under regular plan of DSP Merrill Lynch Equity fund. The record date for the declaration of dividend is 25 January 2008. The quantum of dividend will be 70% i.e. Rs 7 per unit on the face value of Rs 10. The NAV for the scheme was recorded at Rs. 61.725 on 18 January 2008.
DSP Merrill Lynch Equity Fund is an open-ended growth scheme, seeking to generate long-term capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of issuers domiciled in India.