Income distribution in 3 schemes of ICICI Prudential Mutual Fund announced

ICICI Prudential Mutual Fund has announced Income Distribution cum Capital Withdrawal (IDCW) payouts for three of its schemes. The distributions were approved by ICICI Prudential Trust. The record date for all three schemes is June 8, 2026, or the immediately following business day if June 8 is a non-business day.

Mutual fund schemes offer two primary IDCW options for investors

In this plan, the mutual fund distributes the accumulated profits to investors at regular intervals. Once the distribution is made, the net asset value (NAV) of the fund decreases by the amount of the payout.

Instead of receiving the payout in cash, the profits are reinvested back into the mutual fund, purchasing additional units for the investor. This increases the number of units the investor holds, while the NAV of the fund reduces by the payout amount.

Before April 2021, IDCW was referred to as the "dividend option." In April 2021, the Securities and Exchange Board of India (SEBI) directed Mutual Fund houses to change the name from 'dividend option' to 'Income Distribution Cum Capital Withdrawal (IDCW)' to prevent confusion between dividends earned on stocks and those from mutual funds.