Mutual fund dividends are declared for all type of schemes, whether it is debt mutual funds or whether it is equity mutual funds. So, if you are a buyer of units of mutual fund schemes, the first thing that you should be doing is checking the dividends. We prrovide a comprehensive and a detailed list of daily dividends declared by mutual funds.
|Scheme Name||Date||(%) Dividend|
|ICICI Prudential Long Term Equity Fund||Dec 20th, 2017||7.00|
|ICICI Prudential Long Term Equity Fund - Direct Plan||Dec 20th, 2017||7.00|
|Essel Equity Fund - Direct Plan||Dec 20th, 2017||40.00|
|Essel Equity Fund||Dec 20th, 2017||35.00|
|UTI Balanced Fund||Dec 18th, 2017||2.70|
|UTI Balanced Fund - Direct Plan||Dec 18th, 2017||2.70|
|Templeton India Growth Fund - Direct Plan||Dec 15th, 2017||65.00|
|Templeton India Growth Fund||Dec 15th, 2017||65.00|
|Principal Emerging Bluechip Fund||Dec 15th, 2017||59.20|
|Principal Growth Fund||Dec 15th, 2017||49.60|
|Principal Dividend Yield Fund||Dec 15th, 2017||35.00|
|ICICI Prudential Multicap Fund||Dec 15th, 2017||30.00|
|ICICI Prudential Multicap Fund - Direct Plan||Dec 15th, 2017||30.00|
|Principal Large Cap Fund||Dec 15th, 2017||21.10|
|Mahindra Mutual Fund Dhan Sanchay Yojana||Dec 15th, 2017||2.00|
|Mahindra Mutual Fund Dhan Sanchay Yojana - Direct Plan||Dec 15th, 2017||2.00|
|Principal Large Cap Fund - Direct Plan||Dec 15th, 2017||17.20|
|Principal Growth Fund - Direct Plan||Dec 15th, 2017||17.10|
|L&T India Large Cap - Regular Plan||Dec 15th, 2017||15.00|
|L&T India Large Cap - Direct Plan||Dec 15th, 2017||15.00|
|Tata Equity Opportunity Fund - Regular Plan||Dec 15th, 2017||14.00|
|Tata Equity Opportunity Fund - Direct Plan||Dec 15th, 2017||14.00|
|Invesco India Dynamic Equity Fund||Dec 14th, 2017||2.00|
|Invesco India Dynamic Equity Fund- Direct Plan||Dec 14th, 2017||2.00|
|L&T Liquid Fund - Daily Div Reinvestment Plan||Dec 14th, 2017||0.01|
|Tata Money Market Fund - Regular Plan||Dec 14th, 2017||0.01|
|ICICI Prudential Dynamic Plan||Dec 13th, 2017||2.40|
|ICICI Prudential Dynamic Plan - Direct Plan||Dec 13th, 2017||2.00|
|LIC MF FMP Series 92||Dec 13th, 2017||18.68|
|ICICI Prudential Equity - Arbitrage Fund||Dec 13th, 2017||0.33|
|Kotak Bond Short Term Plan - Regular Plan||Dec 13th, 2017||0.03|
|Aditya Birla Sun Life Cash Plus - Retail Plan||Dec 13th, 2017||0.02|
|Tata Money Market Fund - Regular Plan||Dec 13th, 2017||0.01|
|L&T Liquid Fund - Daily Div Reinvestment Plan||Dec 13th, 2017||0.01|
|ICICI Prudential Money Market Fund - Retail Plan||Dec 13th, 2017||0.01|
|HDFC FMP 1113 D November 2014 - 1 - Direct Plan||Dec 12th, 2017||20.29|
|HDFC FMP 1113 D November 2014 - 1 - Regular Plan||Dec 12th, 2017||19.45|
|Kotak Liquid - Plan A - Direct Plan||Dec 12th, 2017||0.09|
|Aditya Birla Sun Life Cash Manager - Institutional Plan||Dec 12th, 2017||0.05|
|Aditya Birla Sun Life Cash Plus - Retail Plan||Dec 12th, 2017||0.02|
|L&T Liquid Fund - Daily Div Reinvestment Plan||Dec 12th, 2017||0.01|
|Tata Money Market Fund - Regular Plan||Dec 12th, 2017||0.01|
|ICICI Prudential Money Market Fund - Retail Plan||Dec 12th, 2017||0.01|
|UTI Wealth Builder Fund - Direct Plan||Dec 11th, 2017||1.00|
|UTI Wealth Builder Fund||Dec 11th, 2017||1.00|
|UTI Spread Fund||Dec 11th, 2017||0.70|
|UTI Spread Fund - Direct Plan||Dec 11th, 2017||0.70|
|ICICI Prudential Capital Protection Oriented Fund III - Plan B 60M||Dec 11th, 2017||0.36|
|ICICI Prudential Flexible Income Plan||Dec 11th, 2017||0.07|
|HDFC Cash Management - Treasury Advantage Plan - Regular Plan||Dec 11th, 2017||0.04|
Mutual funds declare dividends from time to time. It becomes important to check the list of forthcoming mutual funds dividend, so you do not miss on the payout. Remember, that such dividends declared by mutual funds are tax free in the hands of the investors. If you go for the growth plan under the schemes, you do not get tax benefits as there is a capital gains tax that is available. So, be careful when you choose your mutual fund scheme. Remember, that it is also important to check the upcoming mutual funds dividend also because there is a possibility of you missing the same and buying the units when the scheme has gone ex dividend. There is something called a record date, that you should keep in mind, before you buy a unit. If the record date is over, then you would not receive your dividends. So, that is one the most important dates that you need to keep in mind, before you invest.
It really depends on the type of scheme. If you have opted for a regular dividend plan like monthly, then you would have to go with a debt plan, as the dividends here are more assured. On the other hand, if you go with the growth plan, then you need to think of more of a long term. Most plans often you have both options, and it is purely your choice, which to take and which to skip. Do not forget to remember the tax liability that could arise in each case. Equity schemes, debt schemes and also the balanced funds declare regular dividends and you can check either of these, before deciding to invest in one scheme or the other.
It is always difficult to know the returns from mutual fund dividends. However, you should know the same, because you may need to compare, if the mutual fund dividend is better than the returns one gets from bank deposits. So, let us say that you do a simple working. Say, you bought a debt fund with yearly dividend distribution. You calculate and see if the amount of dividend received after one year is also equal to the amount of yields is higher than bank deposits. If the yield is higher, you are better placed when compared to banks. Also, you must noted the tax liability that could arise in the case of both. Mutual fund dividends are more tax efficient than banks, especially the dividends from equity mutual funds. Bank deposits are not tax free at all and hence are a bad proposition. The returns from these are also not very encouraging, which is why the mutual fund dividends is the best proposition that you can have. Also, do not go for the growth option, but, the dividend option of mutual funds. When buying also make sure that you compare and study the recent dividend of mutual funds to avoid, buying ones that have not yielded the best returns over a period of time. We suggest that you look for ones that have a good track record.
There are a host of mutual funds that declare dividends in India. Among these are some of the biggset mutual funds, including name like HDFC Mutual Fund, Reliance Mutual Fund and ICICI Prudential Mutual Fund. You need to regularly receive your dividends mutual fund units, your must examine, the frequency with which these mutual funds declare their dividends. Some of then to not declare so often, and it largely depends on the scheme that you have chosen. You can choose dividends in a wide variety of ways, including the yearly, monthly and the quarterly dividends payment. You can choose the one that suits you the best and act accordingly. One thing that we must state is that dividends are tax free and hence only opt for them and not for the growth mutual funds.
While it is important to check the latest dividend by mutual funds, you can also choose the kind of dividend that you want. For example, you can choose from the various options including the monthy dividend plans, yearly dividend plans or the quarterly plans.
It all depends on your own requirements. In fact, retired folk would largely depend on regular income can opt for the monthly income plans from mutual funds. Some funds like the HDFC Prudence Fund have a good track record of dividends that ensure regular flow of dividend income.