Baroda BNP Paribas Arbitrage Fund declares IDCW, check details here

The record date for the payout has been fixed as Friday, May 08, 2026, or the immediately following business day if the date is not a working day.

Under the declaration, the fund will distribute an IDCW of ₹0.06 per unit on a face value of ₹10 per unit. This payout applies only to investors who are holding units under the specified IDCW option of the scheme as on the record date.

What the IDCW payout means

IDCW (Income Distribution cum Capital Withdrawal) is a payout mechanism where mutual fund investors receive periodic income from the scheme, depending on distributable surplus. The amount is declared at the discretion of the fund house and is not a fixed return.

Unlike growth options, where earnings are reinvested within the scheme, IDCW payouts are directly credited to investors based on their unit holdings as of the record date.

Baroda BNP Paribas Arbitrage Fund invests primarily in equity arbitrage opportunities, aiming to generate relatively low-risk returns by taking advantage of price differences in cash and derivative markets. IDCW payouts from such funds depend on the availability of distributable surplus generated by the underlying strategy.