Income Distribution Announced Across Mutual Fund Schemes

Several mutual funds have recently announced income distributions for investors opting for the IDCW (Income Distribution cum Capital Withdrawal) option. As per the reports, the distributions will be paid based on record dates set for February 27 and 28, 2025.

HDFC Mutual Fund: 

HDFC Mutual Fund has declared income distribution in regular and direct IDCW options across three of its equity funds. Investors holding units as of February 28, 2025, will receive the following payouts per unit:

• HDFC Dividend Yield Fund –  ₹1.50 Per Unit
• HDFC Large and Mid Cap Fund –  ₹2.50 Per Unit
• HDFC Large Cap Fund – ₹5.50 Per Unit

The record date for this distribution is February 28, 2025.

Canara Robeco Mutual Fund: 

Canara Robeco Mutual Fund has announced income distribution under its ELSS Tax Saver Fund, which qualifies for tax benefits under Section 80C. The payouts are:

• Regular IDCW option –  ₹1.13 per unit
• Direct IDCW option –  ₹1.82 per unit

The record date for this distribution is February 28, 2025.

Baroda BNP Paribas Mutual Fund:

Baroda BNP Paribas Mutual Fund has declared income distribution for its Multi Cap Fund, with a record date of February 27, 2025. The per-unit payouts are:

• Regular IDCW option –  ₹0.39
• Direct IDCW option –  ₹0.41

The record date for this distribution is February 27, 2025.

Eligibility

Investors eligible for these distributions must hold units on the record date specified by each fund. For HDFC and Canara Robeco, the record date is February 28, 2025, while for Baroda BNP Paribas, it is February 27, 2025.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.