PGIM India MF declares IDCW payouts across multiple schemes; record date April 17

PGIM India Mutual Fund (MF) has informed that PGIM India Trustees, Trustee to PGIM India Mutual Fund, have approved the declaration of Income Distribution cum Capital Withdrawal (IDCW) under multiple schemes with April 17, 2026, as the record date.

PGIM India Arbitrage Fund scheme

PGIM India Aggressive Hybrid Equity Fund scheme

PGIM India Equity Savings Fund scheme

The record date for all the IDCW declarations is April 17, 2026. Investors who are eligible as of the record date will receive the declared payout or reinvestment benefit, depending on the chosen option. IDCW, earlier known as dividend option, represents distribution of a portion of the fund’s accumulated profits to unit holders.

Mutual fund schemes typically offer two IDCW options for investors. In the IDCW payout option, the fund distributes accumulated profits at intervals, and the net asset value (NAV) reduces by the payout amount. In the IDCW reinvestment option, the payout is reinvested into the scheme, resulting in additional units for the investor while the NAV adjusts accordingly.

IDCW payouts can be scheduled regularly, such as monthly or quarterly. Under the current Indian tax laws, IDCW payouts are added to the investor’s income and taxed according to their applicable income tax slab.