ICICI Prudential Mutual Fund Declares Income Distribution Across 4 Schemes

ICICI Prudential Mutual Fund has announced an income distribution for some of its schemes under the Income Distribution cum Capital Withdrawal (IDCW) option. Investors should note the record date of January 9, 2025, to determine their eligibility for these payouts. Here are the details of the distributions for each scheme.

Payouts Under the Bluechip Fund

For those invested in the ICICI Prudential Bluechip Fund, both the regular IDCW and direct IDCW plans will see a distribution of ₹2.70 per unit. This scheme is typically popular among those looking for exposure to large-cap, established companies.

Business Cycle Fund’s Income Distribution

If you hold units in the ICICI Prudential Business Cycle Fund, you’ll receive ₹1.52 per unit under both the direct IDCW and regular IDCW options. This fund generally focuses on leveraging market opportunities based on the current stage of the business cycle.

Flexicap Fund’s Distribution Amount

Investors in the ICICI Prudential Flexicap Fund, across both IDCW options, are set to receive a distribution of ₹1.50 per unit. This fund is known for its flexibility to invest across large-cap, mid-cap, and small-cap stocks, providing diversified exposure to the market.

Quant Fund Payout Details

The ICICI Prudential Quant Fund, which follows a rule-based quantitative investment strategy, has declared a payout of ₹1.35 per unit for both the direct IDCW and regular IDCW options.

Record Date

The record date of January 9, 2025, is crucial for investors. Only those holding units in these schemes on this date will be eligible to receive the declared income distribution. 

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.