DSP BlackRock Mutual Fund has announced 14 February 2012 as the record date of declaration of dividend under the dividend payout option of DSP BlackRock FMP-Series 19-3M, a close ended income scheme. The quantum of dividend will be 100% of distributable surplus as on record date on the face value of Rs 10 per unit. The scheme recorded NAV of RS 10.2146 per unit as on 8 February 2012. The scheme will mature on 14 February 2012.
The primary investment objective of the scheme 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 scheme.