Mumbai: DSP BlackRock Mutual Fund has declared dividend under its scheme DSP BlackRock Small & Mid Cap Fund. The record date for distribution of dividend is March 18, 2011.
The quantum of dividend decided for distribution is Rs 1.25 per unit on the face value of Rs 10.
DSP BlackRock Small & Mid Cap Fund is an open ended equity scheme with investment objective to generate long term capital appreciation from a portfolio substantially constituted of equity and equity related securities, which are not part of top 100 stocks by market capitalization. The scheme is jointly managed by Apoorva Shah and Anup Maheshwari. It is benchmarked against CNX Midcap Index.