DSP BlackRock Mutual Fund has declared dividend on the face value of Rs 10 per unit under the dividend payout option of DSP BlackRock FMP - 12M - Series 21, a close ended income scheme. The record date for dividend is set as June 14, 2012.
The quantum of dividend will be up to 100% of distributable surplus as on record date on the face value of Rs 10 per unit. The scheme will mature on June 14, 2012.
The scheme recorded NAV of Rs 10.9734 per unit as on June 7, 2012.
The investment objective of the plan under the scheme is to generate returns and capital appreciation by investing in a portfolio of debt and money market securities. The Scheme will invest only in such securities which mature on or before the date of maturity of the Schemes.
Source: Accord Fintech
