Tuesday, July 7, 2009

DSP Black Rock World Gold Fund Declares Dividend - July 07, 2009

DSP BlackRock Mutual Fund has declared dividend in dividend option of DSP BlackRock World Gold Fund, an open ended fund of funds scheme investing in gold mining companies. The record date for the dividend distribution is set as July 10, 2009. The quantum of the dividend will be Rs 1.313917 per unit for individuals while Rs 1.222893 per unit for others. The NAV as on July 2, 2009 was 12.5140 per unit.

The primary investment objective is to seek capital appreciation by investing predominantly in units of BlackRock Global Funds - world Gold Fund.

The scheme may also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant par of its corpus.

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