Dividend Announced - DSP BlackRock Top 100 Equity Fund.
The Trustees of DSP BlackRock Mutual Fund have declared a tax-free dividend as follows:
Scheme - DSP BlackRock Top 100 Equity Fund- Regular Plan (Dividend Option)
Dividend per unit - Rs. 1.25/-
Face Value per Unit - Rs. 10/- per Unit
Record date - Sep 03, 2010
NAV (as on Aug 27, 2010) - Rs. 21.796
The dividend shall be payable only to those Unit Holders whose names appear in the register of Unit Holders of the Regular Plan of DSP BlackRock Top 100 Equity Fund (Dividend Option) as on Sep 03, 2010. Applications for subscription, redemption, switch-ins and switch-outs for the scheme will be accepted on Sep 03, 2010, subject to them being complete in all respects and received prior to 3.00 p.m.
Distribution of the above Dividend is subject to the availability and adequacy of distributable surplus. Pursuant to payment of Dividend, the NAV of the Regular Plan of the Scheme (Dividend Option) will fall to the extent of payout and statutory levy, if any.
DSP BlackRock Top 100 Equity Fund (DSPBRTEF) is an open ended growth Scheme, seeking to generate long term capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of the 100 largest corporates, by market capitalization, listed in India. Asset Allocation: Equity & equity related securities: 90%-100%; Debt, securitised debt & money market securities: 0%-10%. Features: SIP only in Regular Plan. Nomination facility available, subject to applicable conditions as per the Statement of Additional Information and Scheme Information Document. Declaration of NAV on all Business Days. Redemption normally within 3 Business Days. Sale and Redemption of Units on all Business Days at Purchase Price and Redemption Price respectively. Minimum Investment: Regular Plan - Rs. 5,000/-; Institutional Plan - Rs. 1 crore. Entry load: NIL. Exit load: Holding Period = 12 months: NIL. Statutory Details: DSP BlackRock Mutual Fund was set up as a trust and the settlors/sponsors are DSP ADIKO Holdings Pvt. Ltd & DSP HMK Holdings Pvt. Ltd. (collectively) and BlackRock Inc. (Combined liability restricted to Rs. 1 lakh). Trustee: DSP BlackRock Trustee Company Pvt. Ltd. Investment Manager: DSP BlackRock Investment Managers Private Limited. Risk Factors: Mutual funds, like securities investments, are subject to market and other risks and there can be no assurance that the Scheme's objectives will be achieved. As with any investment in securities, the NAV of Units issued under the Scheme can go up or down depending on the factors and forces affecting capital markets. Past performance of the sponsor/AMC/mutual fund does not indicate the future performance of the Scheme. Investors in the Scheme are not being offered a guaranteed or assured rate of return or dividend. DSP BlackRock Top 100 Equity Fund is the name of the scheme and does not in any manner indicate the quality of the Scheme, its future prospects or returns. For more details, please refer the Key Information Memorandum cum Application Forms, which are available on the website, www.dspblackrock.com, and at the ISCs/Distributors. Please read the Scheme Information Document and Statement of Additional Information carefully before investing.
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|Date:||Aug 30, 2010|
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