HDFC MF announces IDCW record date under Arbitrage Fund
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HDFC Mutual Fund has informed that HDFC Trustee Company, the Trustee to HDFC Mutual Fund approved the Distribution under Income Distribution cum Capital Withdrawal (IDCW) Option of HDFC Arbitrage Fund, an Open-ended Scheme investing in Arbitrage Opportunities (the Scheme) and fixed on Thursday, November 23, 2023 (or the immediately following Business Day, if that day is not a Business Day) as the Record Date for the same.
The quantum of IDCW on the face value of Rs 10.00 per unit will be Rs 0.050 under Wholesale Plan - Regular Plan - Normal IDCW Option (Payout and Reinvestment), Wholesale Plan - Direct Plan - Normal IDCW Option (Payout and Reinvestment), Wholesale Plan - Regular Plan - Monthly IDCW Option (Payout and Reinvestment) and Wholesale Plan - Direct Plan - Monthly IDCW Option (Payout and Reinvestment).
