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  5. ICICI Prudential Mutual Fund announces IDCW payout for 3 schemes; record date set for March 16

Personal Finance News

ICICI Prudential Mutual Fund announces IDCW payout for 3 schemes; record date set for March 16

Upstox
By Upstox News Desk

2 min read | Updated on March 13, 2026, 07:30 IST

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SUMMARY

ICICI Prudential Mutual Fund declares IDCW payouts for the Manufacturing Fund, India Opportunities Fund, and Gilt Fund, with a record date set for March 16, 2026.

idcw-payouts-march-2026

Income under these schemes will be paid to investors whose names appear in the fund's records as of the record date. | Image: Shutterstock.

ICICI Prudential Mutual Fund has announced income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for three of its schemes. ICICI Prudential Trust, the trustee to ICICI Prudential Mutual Fund, approved the announcement.

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According to the fund house, the record date for the IDCW payout across the schemes has been fixed as March 16, 2026. If the specified date happens to be a non-business day, the immediately following business day will be considered as the record date for determining eligible unit holders.

The first scheme included in the announcement is the ICICI Prudential Manufacturing Fund. Under this scheme, the fund house has approved a distribution of ₹2.00 per unit on the face value of ₹10. The payout will be applicable under both the IDCW option and the Direct Plan – IDCW option.

The second scheme is the ICICI Prudential India Opportunities Fund. For this fund, the quantum of IDCW has been fixed at ₹2.20 per unit on the face value of ₹10. The distribution will also apply to investors under the IDCW option as well as the Direct Plan – IDCW option.

In addition, ICICI Prudential Mutual Fund has declared IDCW for the ICICI Prudential Gilt Fund. For this scheme, the payout under the IDCW option is on a non-business day; the immediately following business day will be considered applicable and will be, ₹0.9032 per unit. Meanwhile, investors holding units under the Direct Plan – IDCW option will receive ₹1.0492 per unit. The IDCW amounts are calculated on the face value of ₹10 per unit.

Income under these schemes will be paid to investors whose names appear in the fund's records as of the record date. Investors should note that IDCW payouts may impact the net asset value (NAV) of the schemes to the extent of the distribution amount.

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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.

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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