Monday, June 15, 2009 12:27 Hrs IST
DSP BlackRock India T.I.G.E.R declares dividend
Record date for dividend is 19 June 2009
DSP BlackRock Mutual Fund has declared a dividend under the dividend option of the DSP BlackRock India T.I.G.E.R Fund (The Infrastructure Growth and Economic Reforms Fund), an open ended diversified equity scheme. The fund house has fixed 19 June 2009, as the record date for the payment of dividend.
The quantum of the dividend will be Rs 2.00 per unit and it will distribute on the record date on the face value of Rs 10 per unit. The scheme has recorded the NAV of Rs 18.032 per unit as on 12 June 2009.
The primary investment objective of the scheme is to seek to generate capital appreciation from a portfolio that is substantially constituted of equity securities and equity related securities of corporates, which could benefit from structural changes brought about by continuing liberalization in economic policies by the Government and/or from continuing investments in infrastructure, both by the public and private sector.