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. 1.10/-
Record date Mar 06, 2012
Dividend will be paid to all those Unit Holders / Beneficial Owners, in the Dividend Option of the Regular Plan of the Scheme, whose names appear in the records of the Registrar, Computer Age Management Services Pvt. Ltd. / Statement of Beneficiary Owners maintained by the Depositories as on the Record Date. If any applications for subscription, redemption, switch-ins and switch-outs for the scheme are received on Mar 06, 2012, it will accepted subject to them being complete in all respects and received prior to the relevant cut-off time. Distribution of the above Dividend is subject to the availability and adequacy of distributable surplus. Pursuant to payment of Dividend, the NAV of the Scheme (Dividend Option) will fall to the extent of payout and statutory levy, if any.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully before investing.
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Whether dsp blac krock top 100 equity have tax exemption?
ReplyDeleteHi Seema,
DeleteDSP Black Rock Top 100 is not ELSS or Pension Scheme but equity diversified large cap fund.
So tax benefit under 80C is not available for this scheme.