Two mutual fund houses have announced Income Distribution cum Capital Withdrawal (IDCW) payouts for select schemes. Baroda BNP Paribas Mutual Fund has informed about the rate of distribution under IDCW Options of respective plan under Baroda BNP Paribas Arbitrage Fund, with Monday, August 10, 2026, as the Record Date or the immediately following Business Day, if that day is not a Business Day. The quantum of IDCW on the face value of ₹10 per unit will be ₹0.05 under Direct Plan - Monthly IDCW Option and Regular Plan - Monthly IDCW Option.
ICICI Prudential Mutual Fund has informed that ICICI Prudential Trust, Trustee to ICICI Prudential Mutual Fund approved distribution under IDCW option of two schemes: ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund and ICICI Prudential Technology Fund. The record date for both schemes is August 10, 2026 or the immediately following Business Day, if that day is a Non–Business Day. For the Pharma Healthcare and Diagnostics (P.H.D) Fund, the IDCW payout will be ₹2.05 per unit on a face value of ₹10 under both IDCW and Direct Plan–IDCW options. For the Technology Fund, the IDCW payout will be ₹6.15 per unit on a face value of ₹10 under both IDCW and Direct Plan–IDCW options.
Mutual fund schemes offer two primary IDCW options for investors. In this plan, the mutual fund distributes the accumulated profits to investors at regular intervals. Once the distribution is made, the net asset value (NAV) of the fund decreases by the amount of the payout. Instead of receiving the payout in cash, the profits are reinvested back into the mutual fund, purchasing additional units for the investor. This increases the number of units the investor holds, while the NAV of the fund is reduced by the payout amount.
