Bandhan Mutual Fund Declares Income Distribution for Aggressive Hybrid Fund

Bandhan Mutual Fund has announced income distribution for its Bandhan Aggressive Hybrid Fund under the Income Distribution cum Capital Withdrawal (IDCW) option. The declaration applies to both the regular and direct plans of the scheme.

IDCW Amount Details

The declared IDCW amount for the Bandhan Aggressive Hybrid Fund – Direct Plan is ₹0.120 per unit. For the Bandhan Aggressive Hybrid Fund – Regular Plan, the IDCW amount stands at ₹0.120 per unit.

Both distributions are based on the face value of ₹10 per unit.

Record Date

The record date for the IDCW distribution has been fixed as April 29, 2025. Investors whose names appear in the fund records as unit holders at the end of this date will be eligible for the payout. Units purchased after the record date will not be eligible for this distribution.

Scheme Background

Bandhan Aggressive Hybrid Fund is a hybrid fund investing across equity and debt instruments. The IDCW option allows investors to receive periodic payouts when such distributions are declared by the fund house.

Impact on NAV

Post the record date, the Net Asset Value (NAV) of the fund will be adjusted downward to the extent of the IDCW paid out. This adjustment reflects the reduction in the fund’s assets after the payout.

The IDCW distribution is subject to the availability of distributable surplus and approval from trustees of Bandhan Mutual Fund. It may also be subject to applicable taxes as per prevailing regulations.

Read more: NFO Alert: Bandhan Mutual Fund Launches CRISIL IBX 10:90 Gilt Plus SDL Index – Dec 2029 Fund!

Conclusion

Bandhan Mutual Fund has scheduled April 29, 2025, as the record date for its announced IDCW for the Aggressive Hybrid Fund. The declared amounts are ₹0.120 per unit for the direct plan and ₹0.107 per unit for the regular plan.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.