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 23. The record date for dividend is June 25, 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 schemes will mature on 25 June 2012.
The investment objective of 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
