These mutual funds announce income distribution: Who will benefit

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Some mutual fund houses have announced income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for select schemes. Investors holding units on the record date, March 13, 2025, will receive payouts.

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Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio
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Axis Nifty Next 50 Index Fund +71.83% Invest Now Equity: Large Cap 0.25%
Axis Nifty 500 Index Fund Invest Now Equity: Flexi Cap 0.10%
Axis Nifty Midcap 50 Index Fund +46.03% Invest Now Equity: Mid Cap 0.28%

Nippon India Mutual Fund IDCW Payouts

Nippon India Mutual Fund has declared the following income distribution:

  • Nippon India Balanced Advantage Direct-IDCW: ₹0.2 per unit
  • Nippon India Balanced Advantage-IDCW: ₹0.2 per unit
  • Nippon India Growth Direct-IDCW: ₹12.5 per unit
  • Nippon India Growth Inst-IDCW: ₹85.0 per unit
  • Nippon India Growth-IDCW: ₹8.5 per unit
  • Nippon India Value Direct-IDCW: ₹4.5 per unit
  • Nippon India Value-IDCW: ₹3.0 per unit

ICICI Prudential Mutual Fund IDCW Payouts

ICICI Prudential Mutual Fund has announced these distributions:

  • ICICI Pru Dividend Yield Equity Direct-IDCW: ₹2.2 per unit
  • ICICI Pru Dividend Yield Equity-IDCW: ₹2.2 per unit
  • ICICI Pru ELSS Tax Saver Direct-IDCW: ₹0.7 per unit
  • ICICI Pru ELSS Tax Saver-IDCW: ₹0.7 per unit

HDFC Mutual Fund IDCW Payouts

HDFC Mutual Fund has declared the following income distribution:

  • HDFC Flexi Cap Direct-IDCW: ₹7.0 per unit
  • HDFC Flexi Cap-IDCW: ₹7.0 per unit
  • HDFC Small Cap Direct-IDCW: ₹4.0 per unit
  • HDFC Small Cap Reg-IDCW: ₹4.0 per unit

Who benefits?

Investors seeking periodic income can benefit from these payouts. IDCW is suitable for those preferring cash flow over capital appreciation.

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However, tax implications should be considered, as IDCW is taxed as per an investor’s income slab.

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