Thursday, November 20, 2008 09:09 Hrs IST
DSP BR MF declares dividend
Record date of dividend is 24 November 2008
DSP BlackRock Mutual Fund has declared dividend in the dividend reinvestment option of the regular and institutional plan of DSP BlackRock FMP-3M-Series 12, a close ended income scheme. The record date for dividend is 24 November 2008.
The fund house has decided to distribute Rs 0.233264 per unit as dividend to individuals and Rs 0.217104 per unit as dividend to others under regular plan. The fund house will distribute Rs 0.235454 per unit as dividend to individuals and Rs 0.219142 per unit as dividend to others under institutional plan on the face value of Rs 10 per unit.
The scheme recorded a NAV of Rs 10.2430 per unit under regular plan and Rs 10.2453 per unit under institutional plan as on 19 November 2008.
DSP BlackRock FMP-3M-Series 12 is a close ended income scheme with an investment objective to seek capital appreciation by investing in a portfolio of debt and money market securities. It is envisaged that the portfolio will display a maturity profile that is generally in line with the term of the scheme.