Thursday, December 24, 2009 11:11 Hrs IST
DSP BlackRock MF Declares Dividend for Savings Manager Fund
Record date for dividend is 28 December 2009
DSP BlackRock Mutual Fund has declared dividend on the face value of Rs 10 per unit under dividend option of DSP BlackRock Saving Manager Fund. The record date for the dividend is set as 28 December 2009.
The quantum of the dividend is as follows:
Moderate Plan: Dividend is Rs 0.182634 per unit for Individuals and Rs 0.169982 per unit for Others.
Aggressive Plan: Dividend is Rs 0.269440 per unit for Individuals and Rs 0.250775 per unit for Others.
DSP BlackRock Saving Manager Fund seeks to generate an attractive return, consistent with prudent risk, from a portfolio which is substantially constituted of quality debt securities. The scheme will also seek to generate capital appreciation by investing a smaller portion of its corpus in equity and equity related securities of the 100 largest corporates, by market capitalization, listed in India.