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DSP BlackRock Mutual Fund to Compulsory Reinvest Dividend below Threshold Limit


DSP BlackRock Mutual Fund has announced that with effect from May 1, 2011, if the dividend amount payable to the unit holders under the dividend payout sub-option is equal to or less than Rs 250 in case of all equity-oriented, balanced and fund of fund schemes and Rs 50 in case of all income and liquid schemes, then such dividend amount will be compulsorily & automatically reinvested in the respective schemes/plans by issuing additional units of the scheme/plan.