PGIM India Mutual Fund has declared an income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option of its PGIM India Large Cap Fund. The record date for the distribution is set as December 31, 2024. This announcement highlights the fund’s commitment to delivering consistent returns to its investors.
The income distribution for the two variants of the PGIM India Large Cap Fund has been specified as follows:
Investors holding units under the IDCW options on the record date will be eligible to receive the declared income distribution. These distributions are part of the fund’s strategy to share profits while maintaining a balanced portfolio for long-term growth.
The PGIM India Large Cap Fund primarily focuses on investments in large-cap stocks with strong market fundamentals. It aims to generate long-term capital appreciation while offering periodic income distribution. The fund’s performance reflects its diversified portfolio of top-tier companies and disciplined investment approach.
With this income distribution announcement, PGIM India Mutual Fund reinforces its commitment to providing value to its investors. This initiative highlights the fund’s consistent track record and focus on delivering both capital growth and regular income.
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 are subject to market risks, read all scheme-related documents carefully.
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