ICICI Prudential MF declares IDCW in Balanced Advantage Fund and Equity & Debt Fund; record date June 4

ICICI Prudential Mutual Fund has announced income distributions under the Income Distribution cum Capital Withdrawal (IDCWICICI Prudential Trust has approved the distributions) option for ICICI Prudential Balanced Advantage Fund and ICICI Prudential Equity & Debt Fund. The distributions have been approved by ICICI Prudential Trust.

According to the fund house, the record date for determining the eligibility of unitholders for the IDCW payouts has been fixed as June 4, 2026. In case the specified date falls on a non-business day, the record date will be the immediately succeeding business day.

The IDCW option enables mutual fund investors to receive periodic distributions from the scheme, subject to the availability of distributable surplus and approval by the trustee. Investors holding units in the respective IDCW plans on the record date will be eligible to receive the announced payouts.

The announcement forms part of the fund house’s regular distribution schedule for investors opting for periodic income from their mutual fund investments. Market participants note that IDCW distributions do not represent assured returns and are paid from the distributable surplus available in the scheme.

ICICI Prudential Mutual offers a wide range of equity, debt and hybrid investment products to retail and institutional investors. The latest IDCW declarations are expected to benefit eligible investors in both hybrid fund schemes.