ICICI Prudential and Invesco Mutual Funds have announced Income Distribution cum Capital Withdrawal (IDCW) payouts across five of their schemes. These payouts provide investors with periodic income from their investments. The record dates for these schemes are set in early October 2026, and the payout amounts vary depending on the scheme and plan.
- ICICI Prudential schemes have a record date of October 5, 2026.
- Invesco India Balanced Advantage Fund has a record date of October 6, 2026.
- If the record date falls on a non-business day, the next business day is considered.
- IDCW payout amounts range from ₹0.05 to ₹0.16 per ₹10 unit face value.
What are the record dates for the IDCW payouts?
The record dates are crucial because investors holding units on these dates are eligible to receive the IDCW payouts. For ICICI Prudential Mutual Fund schemes, the record date is October 5, 2026. For the Invesco India Balanced Advantage Fund, the record date is October 6, 2026. If these dates fall on a non-business day, the immediately following business day will be considered the record date.
What are the payout amounts for the ICICI Prudential schemes?
The IDCW payout amounts are declared on the face value of ₹10 per unit. For ICICI Prudential schemes, the payouts are as follows:
- ₹0.0500 per unit under the IDCW and Direct Plan – IDCW options.
- ₹0.07 per unit under the Monthly IDCW and Direct Plan – Monthly IDCW options.
- ₹0.1600 per unit under the IDCW and Direct Plan – IDCW options for another scheme.
- ₹0.16 per unit under the Monthly IDCW and Direct Plan – Monthly IDCW options for another scheme.
What is the payout amount for the Invesco India Balanced Advantage Fund?
The Invesco India Balanced Advantage Fund has a record date of October 6, 2026. The IDCW payout amount declared is ₹0.14 per unit on the face value of ₹10. This applies to both the Regular Plan – IDCW Option and the Direct Plan – IDCW Option.
Why is the record date important for investors?
The record date determines which investors are eligible to receive the IDCW payout. Only those who hold units in the scheme on the record date will receive the declared income distribution. If the record date falls on a holiday or weekend, the next business day is used to ensure proper processing.
What should investors do to receive IDCW payouts?
Investors should ensure they hold units in the relevant mutual fund schemes by the record date. They do not need to take any additional action to receive the payout, as it will be credited automatically to their registered accounts.
Frequently Asked Questions
Q: What happens if the record date is a non-business day?
A: If the record date falls on a non-business day, the immediately following business day is considered the record date for IDCW eligibility.
Q: Are IDCW payouts taxable?
A: IDCW payouts may be subject to taxation as per prevailing tax laws. Investors should consult a tax advisor for details.
Q: Can IDCW payouts vary between plans?
A: Yes, IDCW payouts can differ between Regular and Direct plans as well as between IDCW and Monthly IDCW options.
