Deutsche MF Declares Dividend

Deutsche Mutual Fund has announced a dividend of 40% i.e. Rs 4 per unit on the face value of Rs 10 in its open-ended equity diversified fund - DWS Alpha Equity Fund. The objective of the scheme is to generate long term capital growth from investment in diversified portfolio of equity and equity related securities. The record date for the same has been fixed as 25 January 2008. All investors registered under the dividend option of the scheme as on 25 January 2008 will receive this dividend. The NAV under the dividend plan of the scheme as on 23 January 2008 was Rs 21.94. The last dividend announced by the scheme was of 35% in January 2006.