Thursday, September 24, 2009 15:26 Hrs IST
DSP BlackRock MF Declares Dividend For Floating Rate Fund
Record date for dividend is 28 September 2009
DSP BlackRock Mutual Fund has declared dividend under dividend option of regular and institutional plan of DSP BlackRock Floating Rate Fund. The face value for regular plan is Rs 10 per unit and Rs 1000 per unit for institutional plan. The record date for dividend is set as 28 September 2009
The quantum of dividend is as follows:
Regular Plan: For individuals: Rs 0.079711 per unit, For Others: Rs 0.074189 per unit, NAV : Rs 10.6274 per unit
Institutional Plan: For Individuals: Rs 0.909318 per unit, For Others: Rs 0.846323 per unit, NAV : Rs 0.846323 per unit.
NAV for the above plans is as on 23 September 2009.
DBS BlackRock Floating Rate Fund seeks to generate interest income through investments in acceptable floating rate assets commensurate with the credit risk. The scheme may also invest in fixed rate debt securities.