HSBC Mutual Fund has announced income distribution under the IDCW (Income Distribution and Capital Withdrawal) option of several funds, with a record date of June 25, 2026. According to reports from HSBC Mutual Fund, the distribution applies to select schemes offering income distribution facilities to investors. The income distribution is applicable to investors who are record date holders as of June 25, 2026. Investors who hold units in these schemes on or before the record date will be eligible to receive the declared income distribution, with the distribution amounts calculated based on the net asset value (NAV) of the respective schemes as of the record date.
The income distribution varies across different scheme categories, with HSBC Aggressive Hybrid Direct-IDCW offering the highest distribution of ₹0.215 per unit. The HSBC Aggressive Hybrid-IDCW scheme follows with a distribution of ₹0.190 per unit. In the balanced category, the HSBC Balanced Advantage Direct-IDCW scheme provides ₹0.143 per unit, while the HSBC Balanced Advantage-IDCW scheme offers ₹0.122 per unit. These distributions are available under the IDCW option for eligible investors.
Dividends from mutual funds are added to the investor's income and taxed according to their respective tax slabs. If an investor's dividend income exceeds ₹10,000 in a financial year, the fund house deducts a TDS of 10% before distributing the dividend. This tax treatment applies to all mutual fund distributions, including the current HSBC income distribution. The tax implications vary based on the investor's individual tax profile and the specific fund's tax structure.
