Thursday, March 24, 2011 10:24 Hrs IST
DSP BlackRock MF Declares Dividend For FMP – 3M – Series 26
Record date for dividend is 28 March 2011
DSP BlackRock Mutual Fund has declared dividend on the face value of Rs 10 per unit under dividend payout option of DSP BlackRock FMP – 3M – Series 26. The record date for dividend is set as 28 March 2011.
The quantum of dividend will be upto 100% of distributable surplus as on the record date. The scheme recorded NAV of Rs 10.2091 per unit as on 22 March 2011.
The investment objective of the scheme is to seek 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.