Monday, February 21, 2011 10:48 Hrs IST
DSP BlackRock FMP-3M-Series 24 announces dividend
Record date for dividend is 24 February 2011
DSP BlackRock Mutual Fund has announced 24 February 2011 as the record date for declaration of dividend under the dividend payout option of DSP BlackRock FMP-3M-Series 24.
The fund house has decided to distribute upto 100% distributable surplus as on the record date as dividend on the face value of Rs 10 per unit. The scheme recorded NAV of RS 10.1876 per unit under the dividend payout option
DSP BlackRock FMP-3M-Series 24 is a close ended income scheme. The scheme seeks capital appreciation by investing in a portfolio of debt and money market securities. It is envisaged that the scheme will invest only in such securities which mature on or before the date of maturity of the scheme. The scheme may also use fixed income derivatives for hedging and portfolio balancing.