Saturday, June 04, 2011 10:10 Hrs IST
DSP BlackRock MF Declares Dividend for FMP – 3M – Series 31
Record date for dividend is 8 June 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 31. The record date for dividend is set as 8 June 2011 and the scheme will mature on the same date.
The quantum of dividend will be upto 100% of distributable surplus as on the record date. The scheme recorded NAV of Rs 10.0286 per unit as on 2 June 2011.
DSP BlackRock FMP – 3M – Series 31 is a closed ended income scheme which has the investment objective 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.