HDFC Mutual Fund has announced that Wednesday, February 25, 2026, will serve as the record date for the proposed Distribution under Income Distribution cum Capital Withdrawal (IDCW) Option of HDFC Balanced Advantage Fund. According to reports from Upstox, the fund house has confirmed that HDFC Trustee Company, the Trustee to HDFC Mutual Fund, has approved the distribution. In case the record date falls on a non-business day, the immediately following business day will be considered as the record date.
The quantum of IDCW on the face value of ₹10.00 per unit will be ₹0.250 under both Regular Plan and Direct Plan of the scheme. As reported by Upstox, the IDCW will be paid under both Regular Plan and Direct Plan of the scheme, applicable to IDCW Payout and IDCW Reinvestment options. Under the payout option, the declared amount will be paid out to investors, while under the reinvestment option, the IDCW amount will be reinvested into the scheme at the applicable Net Asset Value (NAV), subject to prevailing exit load and taxation rules.
HDFC Balanced Advantage Fund has demonstrated exceptional performance in the Dynamic Asset Allocation category, consistently delivering returns above its category average across 3-year, 5-year, 7-year, and 10-year timeframes. According to Moneycontrol, the scheme currently manages ₹106,820.61 crores in assets under management, positioning it among the highest in its peer group. The fund has maintained a Sharpe Ratio of 1.18 compared to the category average of 0.77, with a Standard Deviation of 8.72 versus the category average of 7.68, indicating superior risk-adjusted returns.
HDFC Balanced Advantage Fund is an open-ended balanced advantage fund that dynamically manages allocation between equity and debt based on market conditions. According to Upstox, the scheme aims to provide long-term capital appreciation along with income generation by adjusting its equity exposure in response to market valuations, thereby seeking to reduce downside risk during volatile phases. Investors who hold units of the scheme as of the record date will be eligible to receive the IDCW distribution.
IDCW is subject to taxation in the hands of investors as per their applicable income tax slab. As reported by Upstox, the distribution is applicable to both Regular Plan and Direct Plan of the scheme, covering IDCW Payout and IDCW Reinvestment options. The tax treatment will depend on the investor's individual tax slab and applicable regulations.
In related developments, HDFC MF has issued an addendum to the Statement of Additional Information (SAI) dated June 30, 2025, announcing the appointment of two key personnel at HDFC Asset Management Company (HDFC AMC). According to Upstox, the appointments of Aman Singhania and Aashita Jain are effective February 18, 2026.