ICICI Prudential Mutual Fund Declares IDCW Payouts for Two Schemes

ICICI Prudential Mutual Fund has announced income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for two of its schemes. The record date for these payouts is May 8, 2025.

Scheme-Wise Distribution

The declared amount per unit under each IDCW option is as follows:

These amounts will be paid to investors who hold units in the respective IDCW plans as of the record date.

Record Date and Eligibility

The record date has been fixed as May 8, 2025. Investors whose names appear in the unit holder records of the IDCW option for these schemes on this date will be eligible to receive the declared distribution.

About the Payout

The payout will be made from the distributable surplus of the schemes, as permitted under SEBI regulations. Payments are generally processed through direct credit to registered bank accounts or through other approved payout mechanisms. Units held under IDCW plans are eligible for this distribution. Investors who have opted for the Growth or other non-IDCW options will not receive this payout.

No Change in NAV for Growth Plans

This declaration does not apply to units held under the Growth plan. Only IDCW plan holders are eligible for this specific distribution. NAVs of IDCW plans are adjusted to reflect the payout on the ex-dividend date.

Read more: ICICI Prudential Mutual Fund Declares Income Distribution in Arbitrage Fund

Conclusion 

ICICI Prudential Mutual Fund has declared IDCW payouts of ₹0.05 per unit for its Equity Arbitrage Fund and ₹0.16 per unit for its Multi Asset Fund, under both regular and direct IDCW options. The record date to determine eligibility is May 8, 2025.

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.