ICICI Prudential MF announces IDCW under two schemes; check record date and payout

The record date for both distributions has been fixed as July 2, 2026, or the immediately following business day if July 2 is a non-business day.

According to the fund house, ICICI Prudential Trust, the trustee to ICICI Prudential Mutual Fund, has approved the distribution under the IDCW option of both schemes.

Under the ICICI Prudential Balanced Advantage Fund, the IDCW has been declared at Rs 0.07 per unit on the face value of Rs 10 under the Monthly IDCW and Direct Plan – Monthly IDCW options.

Investors holding units in the eligible IDCW options on the record date will be eligible to receive the distribution, subject to the applicable provisions of the scheme.

ICICI Prudential MF launches two new funds

Separately, ICICI Prudential Mutual Fund has launched two new schemes namely ICICI Prudential Balanced Hybrid Fund and ICICI Prudential Multi-Asset Active FOF.

The new fund offers (NFOs) for both schemes opened on June 30, 2026, and will close on July 14, 2026.

The Balanced Hybrid Fund aims to generate capital appreciation and income by investing in a mix of equity and debt instruments. It has a minimum investment amount of Rs 500.

The Multi-Asset Active FOF will invest predominantly in active equity-oriented schemes, debt-oriented schemes, and Gold and Silver ETFs. The minimum investment amount for this scheme is Rs 1,000.

Both schemes carry no entry load, while an exit load of 1% applies if redemptions exceeding 30% of the investment are made within one year.

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