Wednesday, July 01, 2009 10:43 Hrs IST
DSP BR MF declares dividend for FMP
Record date for dividend is 05 July 2009
DSP BlackRock Mutual Fund has declared dividend in dividend option of the regular and institutional plan of DSP BlackRock Fixed Maturity Plan-12M-Series 1, closed ended income scheme. The record date for the dividend is set as 05 July 2009.
The quantum of the dividend is as follows
Regular Plan: For individuals: Rs 0.310960 per unit, For Others: Rs 0.289418 per unit, NAV as on 24 June 2009: 10.3355 per unit
Institutional Plan: For Individuals: Rs 0.333560 per unit, For Others: Rs 0.310452 per unit, NAV as on 24 June 2009: 10.3611 per unit
Investment Objective: The scheme seeks 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.