HDFC Mutual Fund fixes February 26 as record date for income payouts in two funds

HDFC Mutual Fund has announced Income Distribution cum Capital Withdrawal (IDCW) under two of its schemes and fixed Thursday, February 26, 2026, as the record date for the proposed distributions.

The quantum of IDCW on the face value of ₹10 per unit will be ₹7.00 per unit under the Regular Plan – IDCW Option and the Direct Plan – IDCW Option.

The quantum of IDCW on the face value of ₹10 per unit will be ₹1.50 per unit under the Regular Plan – IDCW Option (Payout and Reinvestment) and the Direct Plan – IDCW Option (Payout and Reinvestment).

Investors holding units of the respective schemes as on the record date will be eligible to receive the IDCW. Under the payout option, the declared amount will be credited to investors’ registered bank accounts. Under the reinvestment option, the IDCW will be reinvested in the scheme at the applicable Net Asset Value (NAV), subject to prevailing tax rules.

IDCW is taxable in the hands of investors as per their applicable income tax slab.

Earlier, HDFC Mutual Fund had fixed February 25, 2026, as the record date for IDCW under HDFC Balanced Advantage Fund, with a payout of ₹0.25 per unit on a face value of ₹10.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Investors should do their own research or consult a registered financial advisor before making investment decisions.