DSP Merrill Lynch announces dividend for Top 100 equity fund

Mumbai, Mar 16 (UNI) The Trustees of DSP Merrill Lynch Mutual Fund have declared a tax-free dividend of Rs 7.50 per unit on their scheme, DSP Merrill Lynch Top 100 Equity Fund--dividend option.

The record date for the same is April 10.

A DSP Merrill Lynch release here today said that the dividend shall be payable only to those unit holders whose names appear in the register of unit holders of the fund's dividend option as on April 10.

Applications for subscription, redemption, switch-ins and switch-outs for the scheme will be accepted on April 10, subject to them being complete in all respects and received prior to 1500 hrs on that day, stated the release.

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