DSP BlackRock Mutual Fund has announced 1 August 2012 as the record date for declaration of dividend in the dividend payout option of DSP BlackRock FMP - 12M - Series 26, a close ended income scheme.
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 1 August 2012.
The scheme recorded NAV of Rs 10.8992 per unit as on 26 July 2012.
The primary investment objective of the Schemes is to seek 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.