ICICI Prudential Mutual Fund has announced the resumption of lumpsum subscriptions in its ICICI Prudential Midcap Fund, effective from October 8, 2026. According to the fund house announcement, investors can now invest in the scheme through fresh and additional subscriptions and switch-ins registrations, with the same ₹10 lakh per PAN per day limit that was implemented earlier. The trustee to ICICI Prudential Mutual Fund, ICICI Prudential Trust, has approved these revised subscription limits through an addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of ICICI Prudential Midcap Fund.
ICICI Prudential Mutual Fund has announced income distribution under the IDCW (Income Distribution Cum Capital Withdrawal) option of several funds, with record dates of October 6, 2026 for multiple schemes. The trustee to ICICI Prudential Mutual Fund, ICICI Prudential Trust, has approved these distributions under the IDCW option of multiple schemes. The fund house has communicated these changes through separate notices for different schemes, with the subscription-limit changes and IDCW announcements applying to different schemes with separate effective and record dates.
The income distribution covers five schemes under the IDCW option, as reported by the fund house. The schemes include ICICI Pru Arbitrage Direct-IDCW and ICICI Pru Arbitrage-IDCW, both offering ₹0.050 per unit distribution. Additionally, ICICI Pru Balanced Advantage Fund provides ₹0.07 per unit distribution under Monthly IDCW and Direct Plan – Monthly IDCW options. ICICI Pru Multi Asset Allocation Direct-IDCW and ICICI Pru Multi Asset Allocation-IDCW schemes offer ₹0.160 per unit distribution. ICICI Pru Aggressive Hybrid Fund provides ₹0.16 per unit distribution under Monthly IDCW and Direct Plan – Monthly IDCW options.
The income distribution is scheduled for October 6, 2026, as confirmed by the fund house, with the record date applying to multiple schemes. According to the announcement, if the record date falls on a non-business day, the immediately following business day will be considered. The trustee has approved these distributions under the IDCW option of these schemes, indicating a targeted approach for investors who have chosen this distribution mechanism.
Invesco Mutual Fund has also approved IDCW distribution under Invesco India Balanced Advantage Fund, an open-ended dynamic asset allocation fund. The record date is October 6, 2026, or the immediately following business day if it is a non-business day. The quantum of IDCW on the face value of ₹10 per unit will be ₹0.14 under both the Regular Plan – IDCW Option and Direct Plan – IDCW Option. Separately, ICICI Prudential Mutual Fund has approved an IDCW distribution for ICICI Prudential Fixed Maturity Plan – Series 88 – 1303 Days Plan S, with the quantum of IDCW fixed at ₹0.0500 per unit on the face value of ₹10 per unit under both IDCW and Direct Plan-IDCW options.
