Thursday, September 22, 2011 10:13 Hrs IST
DSP BlackRock FMP-Series 2-3M announces dividend
Record date for dividend is 26 September 2011
DSP BlackRock Mutual Fund has announced 26 September 2011 as the record date for declaration of dividend under the dividend payout option of DSP BlackRock FMP-Series 2-3M. The quantum of dividend will be upto 100% of distributable surplus as on the record date on the face value of Rs 10 per unit. The scheme recorded NAV of Rs 10.2031 per unit as on 20 September 2011. Also, the scheme's maturity date is 26 September 2011.
The primary investment objective of the scheme is to seek to generate returns and capital appreciation by investing in a portfolio of debt and money market securities. The scheme will invest only in such securities which mature on or before the date of maturity of the scheme.