Deutsche MF declares 0.4405% dividend for "DWS Premier Bond Fund - Regular Plan"

Deutsche Mutual Fund has declared 0.4405 per cent dividend under monthly dividend payout option scheme named as "DWS Premier Bond Fund - Regular Plan", on the face value of Rs 10 per unit.

The record date for the dividend was April 27, 2012. The NAV of scheme as on April 30, 2012 was at Rs 12.6772.

As on March 31, 2012, the scheme allocated 40.1 per cent in certificate of deposits, 30.9 per cent in debt, 20.6 per cent in bonds, 8.1 per cent in CBLO/Reverse Repo and 1.4 per cent in commercial papers and (1.1) per cent in cash.

The investment objective of "DWS Premier Bond Fund - Regular Plan", an open ended debt-income fund, was to provide regular income by investing in debt securities including debt and money market instruments.

The performance of the scheme was standardized against Crisil Composite Bond Fund Index and Nitish Gupta was the fund manager of the scheme.