Tuesday, December 23, 2008 11:59 Hrs IST
DSP BR MF declares dividend in gilt fund
Record date for dividend is 26 December 2008
DSP BlackRock Mutual Fund (MF) has declared a dividend of 14.9% per unit of face value of Rs 10 per unit, under the dividend option of the DSP BlackRock Government Securities Fund (GSF), Plan B.
The fund house has fixed 26 December 2008, as the record date for the payment of dividend, pursuant to payment of which, the NAV would fall to the extent of dividend payout and statutory levy, if applicable. The NAV of the scheme stood at Rs 11.25 per unit, as on 19 December 2008.
DSP BlackRock Government Securities Fund (GSF), Plan B is an open ended gilt fund with an investment objective to generate returns through investments in central government securities.