DSP BlackRock MF declared dividend on the face value of Rs 10 per unit under dividend payout option of DSP BlackRock FMP - Series 50 - 3M, a close ended income scheme .The record date for dividend is August 23, 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 August 23, 2012. The scheme recorded NAV of Rs 10.2210 per unit as on August 16, 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 Scheme. There is no assurance that the investment objective of the Scheme will be realized.
Source : Accord Fintech
