Thursday, June 24, 2010 11:26 Hrs IST
DSP BlackRock MF Declares Dividend For Savings Manager Fund
Record date for dividend is 28 June 2010
DSP BlackRock Mutual Fund has declared dividend on the face value of Rs 10 per unit under dividend option of Savings Manager Fund. The record date for the dividend is set as 28 June 2010.
The quantum of the dividend is as follows:
Moderate Plan: For individuals: Rs 0.087491 per unit, for Others: Rs 0.081542 per unit, NAV: Rs. 11.8184 per unit.
Aggressive Plan: For Individuals: Rs 0.088721 per unit, for Others: Rs 0.082689 per unit, NAV: Rs. 11.6757 per unit.
Conservative Plan: For Individuals: Rs 0.150649 per unit, for others: Rs 0.140407 per unit, NAV: Rs. 10.8842 per unit.
NAV of the above plans was as on 23 June 2010.
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.