Income Distribution Announced by Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Mutual Fund has declared the record date for Income Distribution cum Capital Withdrawal (IDCW) across several of its schemes. The record date for the distribution is December 20, 2024. Here are the details of the schemes and the distribution amounts for both the regular and direct plans.

Schemes & IDCW Details (in ₹ per unit)

1. Aditya Birla Sun Life Balanced Advantage Fund
   • Regular Plan:₹ 0.15 Per Unit
   • Direct Plan: ₹0.17 Per Unit
2. Aditya Birla Sun Life Arbitrage Fund
   • Regular Plan: ₹0.07 Per Unit
   • Direct Plan: ₹0.07 Per Unit
3. Aditya Birla Sun Life Equity Savings Fund
   • Regular Plan: ₹0.23 Per Unit
   • Direct Plan: ₹0.27 Per Unit
4. Aditya Birla Sun Life Equity Hybrid ’95 Fund
   • Regular Plan: ₹3.29 Per Unit
   • Direct Plan: ₹5.59 Per Unit
5. Aditya Birla Sun Life Dividend Yield Fund
   • Regular Plan: ₹0.52 Per Unit
   • Direct Plan: ₹0.94 Per Unit

Key Details

• Eligibility: Unit holders as of December 20, 2024, the record date, will qualify to receive the IDCW.
• Face Value: All distributions are calculated on units with a face value of  ₹10 per unit.
• Variation in Distribution: The IDCW amounts differ between direct and regular plans, showing their respective investment strategies and cost structures.

What is IDCW?

Income Distribution Cum Capital Withdrawal (IDCW) is the portion of the income generated by mutual fund schemes that is distributed to unit holders, akin to dividends. Investors holding units as of the record date will be eligible to receive the IDCW.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.