8% Dividend declared by DSP BlackRock Mutual Fund 17/04/2015

8% Dividend declared by DSP BlackRock Mutual Fund
17/04/2015 09:57
DSP BlackRock Mutual Fund has announced 8 per cent dividend under dividend payout option of scheme named as “DSP BlackRock Balanced Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is April 17. The latest NAV of the scheme is Rs 34.22.
The investment objective of the open ended equity scheme is to generate long term capital appreciation and current income from a portfolio constituted of equity and equity related securities as well as fixed income securities (debt and money market securities).
The performance of the scheme was benchmarked against Crisil Balanced Fund Index. Vinit Sambre is the fund manager of the scheme.