Restriction on Third Party Instruments for Subscriptions & Facility to Register Multiple Bank Accounts

December 10th, 2010  |  by  |  published in Investment

Restriction on Third Party Instruments for Subscriptions & Facility to Register Multiple Bank Accounts

In order to enhance compliance with Know Your Customer (KYC) norms under the Prevention of Money Laundering Act, 2002 (PMLA) and to mitigate the risks associated with acceptance of third party payment instruments (cheques, demand drafts, pay orders etc.), Association of Mutual Funds in India (AMFI) has issued best practice guidelines on ‘Risk mitigation process […]

Dividend Announced – DSP BlackRock India T.I.G.E.R. Fund

June 20th, 2009  |  by  |  published in Investment

As per the mail received from the DSP Blackrock Investment managers (communications@dspbrimin.com), dividend statement is as given below. The Trustees of DSP BlackRock Mutual Fund have declared a tax-free dividend as follows:    Dividend per unit Rs. 2/- Face Value per Unit Rs. 10/- per Unit NAV (as on June 17,2009) Rs. 17.429

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