Wednesday, July 1, 2009

DSP Black Rock Mutual Fund Declares Dividend For FMP - July 01, 2009

DSP BlackRock Mutual Fund has declared dividend in dividend option of the regular and institutional plan of DSP BlackRock Fixed Maturity Plan-12M-Series 1, closed ended income scheme. The record date for the dividend is set as 05 July 2009. The quantum of the dividend is as follows.

Regular Plan: For individuals: Rs 0.310960 per unit, For Others: Rs 0.289418 per unit, NAV as on 24 June 2009: 10.3355 per unit

Institutional Plan: For Individuals: Rs 0.333560 per unit, For Others: Rs 0.310452 per unit, NAV as on 24 June 2009: 10.3611 per unit

Investment Objective: The scheme seeks capital appreciation by investing in a portfolio of debt and money market securities.

It is envisaged that the portfolio will display a maturity profile that is generally in line with the term of the scheme.

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