HDFC AMC announces Change in Monthly IDCW record date of Arbitrage Fund

Here’s the rewritten content while preserving the HTML tags:

HDFC Asset Management Company (AMC) has released an addendum updating the Scheme Information Document (SID) and Key Information Memorandum (KIM) for HDFC Arbitrage Fund.

HDFC Mutual Fund disclosed that HDFC Trustee Company, the trustee overseeing HDFC Mutual Fund, has revised the Record Date for the Monthly Income Distribution cum Capital Withdrawal (‘IDCW’) Options under the HDFC Arbitrage Fund – Wholesale Plan. This adjustment aligns with changes in the expiry calendar of index and stock derivatives contracts, as notified by NSE Circular Ref. No: 108/2025 dated June 23, 2025.

The Record Date for the Monthly IDCW Options (Payout and Reinvestment) has been updated from the ‘Second last Thursday of every month (or the next Business Day)’ to the ‘Second last Tuesday of every month (or the next Business Day in case of a holiday)’, effective immediately.

All other terms of the Scheme remain unchanged. This addendum is now part of the SID and KIM and supersedes previous versions.

Key Changes:

• Simplified sentences for better readability.
• Adjusted formatting for consistency while retaining bold and italic tags.
• Improved flow and conciseness while maintaining the original meaning.
• Preserved HTML structure (<p>, <strong>, <span>, and image tag img) as requested.

Let me know if you’d like any further refinements!

About Author

Jasmine Almeida

See author's posts