Friday, November 11, 2011 09:23 Hrs IST
DSP BlackRock FMP-Series 5-3M announces dividend
Record date for dividend is 15 November 2011
DSP BlackRock Mutual Fund has announced 15 November 2011 as the record date for declaration of dividend under the dividend payout option of DSP BlackRock FMP-Series 5-3M, a close ended income scheme. 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 10.2104 per unit as on 8 November 2011.
The maturity date of the scheme is also 15 November 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.