Wednesday, December 10, 2008

Dsp Br Balanced Fund Offers 15% Dividend Current Income - Dec 10, 2008

DSP BlackRock Balanced Fund, an open-ended balance scheme has declared a dividend of 15% i.e. Rs 1.5 per unit on face value of Rs 10. The record date for dividend is 12 December 2008.Pursuant to payment of dividend, the NAV of the scheme would fall to the extent of payout and statutory levy (if applicable).The NAV of the scheme under dividend option was Rs 15.5440 as on 5 December 2008.

The primary investment objective of the scheme is to seek to generate long term capital appreciation and current income from a portfolio constituted of equity and equity related securities as well as fixed income securities.

No comments: