Monday, March 24, 2008

DSP ML MF Declares Dividend

The DSP ML Financial mutual fund has announced the declaration of dividend under regular plan of DSP ML Opportunities Fund. The record date for dividend will be 28 March 2008.

The quantum of dividend is Rs. 4.00 per unit on the face value of Rs. 10. The NAV of the scheme was recorded at Rs 27.511 as on 19 March 2008.

DSP ML Opportunities Fund is an open- ended growth scheme, whose primary investment objective is to seek to generate long term capital appreciation and the secondary objective is income generation and the distribution of dividend from a portfolio constituted of equity and equity related securities concentrating on the investment focus of the scheme. The investment focus of the scheme is to respond to the dynamically changing Indian economy by moving its investments amongst different sectors as prevailing trends change.

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