Wednesday, August 12, 2009 10:22 Hrs IST
DSP BlackRock MF declares dividend
Record date for dividend is 16 August 2009
DSP BlackRock Mutual Fund has declared dividend on the face value of Rs 10 per unit under dividend option of the regular and institutional plan of DSP BlackRock FMP-12M-Series 2, a closed ended income scheme. The record date for the dividend is set as 16 August 2009.
The quantum of the dividend is as follows:
Regular Plan: For individuals: Rs 0.172386 per unit, For Others: Rs 0.160444 per unit, NAV as on 5 August 2009: 10.1599 per unit.
Institutional Plan: For Individuals: Rs 0.181583 per unit, For Others: Rs 0.169004 per unit, NAV as on 5 August 2009: 10.1740 per unit.
DSP BlackRock FMP – 12 M – Series 2 has the 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.