HDFC Mutual Fund declares IDCW for Balanced Advantage Fund; record date January 27

The fund house has fixed Tuesday, January 27, 2026, as the record date for the proposed distribution. In case the date falls on a non-business day, the immediately following business day will be considered as the record date.

The IDCW will be paid under both the Regular Plan and the Direct Plan of the scheme, applicable to the IDCW Payout and IDCW Reinvestment options. The quantum of distribution has been set at ₹0.250 per unit on a face value of ₹10 per unit.

The scheme aims to provide long-term capital appreciation along with income generation by adjusting its equity exposure in response to market valuations, thereby seeking to reduce downside risk during volatile phases.

Investors who hold units of the scheme as of the record date will be eligible to receive the IDCW. Under the payout option, the declared amount will be paid out to investors, while under the reinvestment option, the IDCW amount will be reinvested into the scheme at the applicable Net Asset Value (NAV), subject to prevailing exit load and taxation rules.

It is important to note that IDCW distributions are not guaranteed and are declared at the discretion of the fund house, depending on the distributable surplus and market conditions. Additionally, IDCW is subject to taxation in the hands of investors as per their applicable income tax slab.

Investors are advised to consult their financial advisors and consider their investment objectives and tax implications before opting for IDCW options.