DSP Mutual Fund Announces Income Distribution Under IDCW Option

DSP Mutual Fund has declared income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for some of its schemes. The record date for this distribution is February 6, 2025.

Distribution Details

Investors holding units in the specified schemes on the record date will be eligible to receive the income distribution. The per-unit payout for each scheme is as follows:

Understanding IDCW

IDCW, formerly referred to as dividends in mutual funds, involves periodic payouts from a scheme’s distributable surplus. These payouts depend on the availability of funds and are not fixed. Investors should note that IDCW is subject to taxation, with tax deducted at source (TDS) applicable in some cases.

Record Date and Eligibility

The record date determines eligibility for the income distribution. Only unit holders whose names appear in the fund records by the end of February 6, 2025, will receive the announced payouts. Investors who purchase units after this date will not be eligible for the current distribution.

Other Considerations

These IDCW distributions provide existing investors with an income payout. Those considering mutual fund investments should assess their financial goals and tax implications before selecting between IDCW and growth options.

Want to plan regular withdrawals? Our SWP Calculator helps you calculate how much you can withdraw while keeping your investments intact. Try it now!

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 are subject to market risks, read all scheme-related documents carefully.