Aditya Birla Sun Life MF Announces Income Distribution Across 3 Schemes

Aditya Birla Sun Life Mutual Fund has declared income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for 3 of its schemes. The record date for the payout is February 25, 2025. Investors holding units in these schemes as of this date will be eligible for the announced distribution.

Payout Details Across Schemes

The Aditya Birla SL ELSS Tax Saver Fund has the highest income distribution among the three schemes.

• Direct Plan IDCW: ₹12.230 per unit
• Regular Plan IDCW: ₹13.067 per unit

The Aditya Birla SL Balanced Advantage Fund, which allocates investments across equity and debt, has declared:

• Direct Plan IDCW: ₹0.166 per unit
• Regular Plan IDCW: ₹0.147 per unit

The Aditya Birla SL Arbitrage Fund, which focuses on arbitrage opportunities between equity and derivatives markets, has declared the lowest payout among the three:

• Direct Plan IDCW: ₹0.067 per unit
• Regular Plan IDCW: ₹0.065 per unit

Record Date and Eligibility

The record date for income distribution is February 25, 2025. Investors who hold units in these schemes by the end of this date will receive the declared IDCW payouts. Any purchases made after the record date will not qualify for this distribution.

Tax Implications

IDCW payouts are taxed as per the investor’s applicable income tax slab. Unlike growth options, where returns are realised upon redemption, IDCW distributions are subject to tax in the year they are received.

The distribution amounts vary across schemes, with ELSS offering the highest payout. Investors receiving IDCW should be aware of tax implications.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.