PGIM India MF announces IDCW payouts for three schemes: Check record date and payout details

PGIM India Mutual Fund has announced Income Distribution cum Capital Withdrawal (IDCW) payouts for three of its schemes, with September 18, 2026 set as the record date.

The declaration has been approved by PGIM India Trustees, the trustee of PGIM India Mutual Fund. The IDCW will be distributed under the respective Monthly IDCW options of the schemes.

IDCW, or Income Distribution cum Capital Withdrawal, is the term used by mutual funds for distributions made to investors under an IDCW option. The amount distributed is deducted from the scheme's assets and is reflected in the fund's NAV.

Investors should note that an IDCW payout is not an additional return generated on top of the scheme's NAV. The distribution reduces the NAV by a corresponding amount, subject to market movements and other factors.

The tax treatment of IDCW payouts also differs from that of capital gains and depends on the investor's applicable tax provisions. Investors should therefore consider their cash-flow requirements and tax circumstances when choosing between Growth and IDCW options.

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