Baroda BNP Paribas Mutual Fund Announces IDCW Distribution for Arbitrage Fund
Jul 06, 2026 • Maryam Begum • Company Updates / Business Notices
Source:
FinancialExpress E-Paper
Baroda BNP Paribas Mutual Fund has announced the declaration of Income Distribution cum Capital Withdrawal (IDCW) under the Direct Plan – Monthly IDCW Option of the Baroda BNP Paribas Arbitrage Fund.
The record date for the IDCW distribution is July 8, 2026 (or the immediately following business day if the record date is not a business day). The declared distribution rate is ₹0.06 per unit.
The fund clarified that the actual distribution is subject to the availability of distributable surplus and applicable taxes. Following the IDCW payout, the Net Asset Value (NAV) of the IDCW option will reduce to the extent of the distribution and any applicable statutory levies.
Investors holding units in physical form whose names appear in the Registrar's records on the record date, as well as investors holding units in demat form as reflected in the Depository's records, will be eligible for the distribution.
Mutual fund investments are subject to market risks. Investors are advised to read all scheme-related documents carefully before investing.