Wednesday, September 02, 2009 10:04 Hrs IST
DSP BlackRock MF Declares Dividend for FMP
Record date for dividend is 6 September 2009
DSP BlackRock Mutual Fund has declared dividend on the face value of Rs 10 per unit under dividend reinvest option of the regular and institutional plan of DSP BlackRock FMP-12M-Series 3, a closed ended income scheme. The record date for the dividend is set as 6 September 2009.
The quantum of the dividend is as follows:
Regular Plan: For individuals: Rs 0.200679 per unit, For Others: Rs 0.186776 per unit, NAV as on 26 August 2009: 10.2114 per unit.
Institutional Plan: For Individuals: Rs 0.203832 per unit, For Others: Rs 0.189711 per unit, NAV as on 26 August 2009: 10.2194 per unit.
DSP BlackRock FMP – 12 M – Series 3 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.