Friday, January 06, 2012 13:31 Hrs IST
DSP BlackRock FMP-Series 15-3M announces dividend
Record date for dividend is 10 January 2012
DSP BlackRock Mutual Fund has announced 10 January 2012 as the record date for declaration of dividend under the dividend payout option of DSP BlackRock FMP-Series 15-3M, a close-ended income scheme. The quantum of dividend will be up to 100% of distributable surplus as on record date on the face value of Rs 10 per unit. The scheme recorded NAV of Rs 10.2129 per unit as on 4 January 2012. The scheme will mature on 10 January 2012.
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.