Friday, September 18, 2009 10:06 Hrs IST
DSP BlackRock MF Declares Dividend for FMP
Record date for dividend is 22 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 plans of DSP BlackRock FMP-12M-Series 4, a closed ended income scheme. The record date for the dividend is set as 22 September 2009.
The quantum of the dividend is as follows:
Regular Plan: For individuals: Rs 0.246754 per unit, For Others: Rs 0.229659 per unit, NAV as on 16 September 2009: 10.2923 per unit.
Institutional Plan: For Individuals: Rs 0.260506 per unit, For Others: Rs 0.242459 per unit, NAV as on 16 September 2009: 10.3133 per unit.
DSP BlackRock FMP – 12 M – Series 4 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.