Income Distribution Under HDFC and Nippon India Mutual Fund Schemes

HDFC Mutual Fund and Nippon India Mutual Fund have announced income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for select schemes. The record date for both fund houses is March 6, 2025.

HDFC Mutual Fund Income Distribution

HDFC Mutual Fund has declared income distribution under three schemes. The HDFC ELSS Tax Saver Fund has the highest payout, with ₹7.00 per unit for both the Direct-IDCW and Regular-IDCW plans.

The HDFC Banking & Financial Services Fund has an income distribution of ₹1 per unit under both Direct and Regular plans. The HDFC Housing Opportunities Fund has an IDCW of ₹1.25 per unit for both plan types.

HDFC Mutual Fund IDCW Details (₹ per unit)

Nippon India ELSS Tax Saver Fund Income Distribution

Nippon India Mutual Fund has announced income distribution for its Nippon India ELSS Tax Saver Fund. Under the Direct-IDCW option, the fund will distribute ₹3 per unit, while the Regular-IDCW option has a payout of ₹2.50 per unit.

Nippon India ELSS Tax Saver Fund IDCW Details (₹ per unit)

Conclusion

In conclusion, both HDFC Mutual Fund and Nippon India Mutual Fund have declared distributions across their tax-saving and sectoral schemes, with varying payout amounts under Direct and Regular IDCW options. The record date for all distributions is March 6, 2025. Investors holding units on this date will be eligible for the IDCW payout.

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.