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|
|UTI Hybrid Equity Fund||Jan 22nd, 2019||1.10|
|UTI Hybrid Equity Fund - Direct Plan||Jan 22nd, 2019||1.10|
|ICICI Prudential Bluechip Fund||Jan 21st, 2019||17.71|
|ICICI Prudential Bluechip Fund - Direct Plan||Jan 21st, 2019||17.71|
|Reliance Vision Fund||Jan 18th, 2019||37.50|
|Reliance Value Fund||Jan 18th, 2019||37.50|
|Reliance Value Fund - Direct Plan||Jan 18th, 2019||37.50|
|Reliance Vision Fund - Direct Plan||Jan 18th, 2019||37.50|
|Tata Mid Cap Growth Fund - Regular Plan||Jan 18th, 2019||28.33|
|Tata Mid Cap Growth Fund - Direct Plan||Jan 18th, 2019||28.33|
|Invesco India Tax Plan||Jan 18th, 2019||17.71|
|Invesco India Tax Plan - Direct Plan||Jan 18th, 2019||17.71|
|Reliance Consumption Fund||Jan 18th, 2019||17.50|
|Reliance Consumption Fund - Direct Plan||Jan 18th, 2019||17.50|
|UTI Fixed Term Income Fund Series XXIII - Plan XII - Direct Plan||Jan 16th, 2019||20.02|
|UTI Fixed Term Income Fund Series XXIII - Plan XII||Jan 16th, 2019||19.08|
|UTI Fixed Income Interval Fund Series 2 - Qtrly Series 4 - Direct Plan||Jan 16th, 2019||1.15|
|UTI Fixed Income Interval Fund Series 2 - Qtrly Series 4||Jan 16th, 2019||1.11|
|UTI Fixed Income Interval Fund - Monthly Series 1 - Institutional Plan||Jan 16th, 2019||0.38|
|UTI Fixed Income Interval Fund - Monthly Series 1 - Direct Plan||Jan 16th, 2019||0.37|
|UTI Fixed Income Interval Fund - Monthly Series 1||Jan 16th, 2019||0.36|
|UTI Fixed Income Interval Fund - Half Yearly Series 2||Jan 16th, 2019||0.34|
|ICICI Prudential Money Market Fund - Retail Plan||Jan 16th, 2019||0.02|
|Tata Liquid Fund||Jan 16th, 2019||0.01|
|L&T Liquid Fund - Daily Div Reinvestment Plan||Jan 16th, 2019||0.01|
|UTI Capital Protection Oriented Scheme Series VII - I - Direct Plan||Jan 15th, 2019||21.55|
|UTI Capital Protection Oriented Scheme Series VII - I||Jan 15th, 2019||17.11|
|IDFC Dynamic Bond Fund - Direct Plan||Jan 15th, 2019||1.51|
|IDFC Dynamic Equity Fund - Direct Plan||Jan 15th, 2019||1.50|
|IDFC Dynamic Bond Fund||Jan 15th, 2019||1.42|
|IDFC Dynamic Equity Fund||Jan 15th, 2019||1.40|
|Kotak Bond Short Term Plan - Regular Plan||Jan 15th, 2019||0.78|
|ICICI Prudential Floating Interest Fund - Option C||Jan 15th, 2019||0.37|
|ICICI Prudential Floating Interest Fund - Option A||Jan 15th, 2019||0.37|
|ICICI Prudential Floating Interest Fund - Option B||Jan 15th, 2019||0.37|
|ICICI Prudential Floating Interest Fund||Jan 15th, 2019||0.37|
|Kotak Liquid - Plan A - Direct Plan||Jan 15th, 2019||0.10|
|Aditya Birla Sun Life Low Duration Fund - Institutional Plan||Jan 15th, 2019||0.10|
|Aditya Birla Sun Life Liquid Fund - Retail Plan||Jan 15th, 2019||0.02|
|Tata Liquid Fund||Jan 15th, 2019||0.02|
|ICICI Prudential Money Market Fund - Retail Plan||Jan 15th, 2019||0.01|
|L&T Liquid Fund - Daily Div Reinvestment Plan||Jan 15th, 2019||0.01|
|LIC MF Dual Advantage Fixed Term Plan - Series 1- Direct Plan||Jan 14th, 2019||16.38|
|LIC MF Dual Advantage Fixed Term Plan - Series 1||Jan 14th, 2019||12.83|
|Edelweiss Arbitrage Fund||Jan 14th, 2019||0.53|
|Edelweiss Arbitrage Fund - Direct Plan||Jan 14th, 2019||0.53|
|HDFC Banking and PSU Debt Fund - Direct Plan||Jan 14th, 2019||0.33|
|HDFC Banking and PSU Debt Fund - Regular Plan||Jan 14th, 2019||0.32|
|HDFC Low Duration Fund - Regular Plan||Jan 14th, 2019||0.17|
|ICICI Prudential Savings Fund||Jan 14th, 2019||0.17|
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.
What does dividend from Mutual Funds really mean?
Whenever investors think about Mutual Fund, they think about how to get good returns on it. Mutual Funds gives returns in two ways: growth and dividend options. Let's check about the Dividend option.
In dividend option whenever the fund makes a profit it gets distributed among investors after tax deductions. If you have chosen dividend (payout) option, then you get the dividend according to your units holdings in the fund.
If you have dividend reinvestment option, then the dividend get reinvested in your folio, and you get additional mutual fund units as per the NAV. But the value of units, i.e., NAV comes down after declaring a dividend, so there is no appreciation in value of units. Not only returns from investments, even the dividends earned by stocks owned by the mutual fund may or may not be given a dividend to investors.
Dividend income being distributed by mutual funds would now be taxed. This is likely to reduce the overall returns of mutual fund investors. Finance Minister, Arun Jaitley in Union Budget 2018 introduced taxation on income distributed by mutual funds. Investors may now have to think before placing their money in mutual funds.
However, for the long term they might have very few options. However, the flow into mutual funds continues unabated. The dividends from sale of equity shares has also been taxed in the short term.
For people who invest in mutual funds, dividends are essential, and this dividend income is the sole reason for investing in the first place. However, sometimes, people who have just started investing don’t check the latest dividends, which is very important to do and here’s why.
Most people are always struggling between the choice of fixed deposits and mutual funds. But, the interest that you receive on fixed deposits is way less than the interest you can earn from mutual funds. If you look at the present scenario, then even State bank of India, the largest lender, offers an interest rate of 6.50 percent on fixed deposits. And other lenders also have similar interest rates and it is generally lower than 7.00 percent.
On the other hand, mutual funds offer much more interest than this. If you look for companies with a high payout, they are usually less risky and they give options for constant growth. Hence, naturally, many people prefer mutual funds over fixed deposits. But, what most investors forget is checking the dividends.
Every mutual fund provider declares dividends at certain intervals. Why it is important to check next list of dividends is so that you don’t let the payout slip away. Other than missing the payout, there is also a chance of investing in an ex-dividend scheme if you don’t check the upcoming mutual funds’ dividend. If that happens, you would have invested in a scheme that offers no dividends. There is a term commonly used in mutual fund schemes called as the record date. When you buy mutual funds, look out for the record date. If the scheme is past record date, it will not offer dividends.
So, always check dividends before to avoid investing in a scheme with no dividends, and after to avoid missing the payout.