Top 4 highest dividend-paying mid-cap and small-cap mutual fund schemes and their respective record dates!
Following are schemes of Mid-cap and Small-cap category mutual funds approaching their record date for dividend distribution
In October, equity funds experienced a noteworthy surge in inflows, reaching Rs 19,957 crore, a substantial increase from the Rs 14,091 crore recorded in September. This marked the third-highest monthly inflow into equity funds for the year 2023, and notably, October became the fourth consecutive month where all categories of equity funds witnessed positive net inflows.
Small-cap funds attracted significant attention as they garnered an inflow of Rs 4,495 crore in October, showcasing a substantial rise from the previous month's Rs 2,678 crore, according to data from the Association of Mutual Funds in India (AMFI). The noteworthy increase in investments has propelled the small-cap category's Average Assets Under Management (AAUM) beyond the Rs 2 lakh crore threshold for the first time, underscoring the escalating interest in this market segment.
Following a dip in September, both small-cap and mid-cap categories rebounded with robust net inflows in October. The mid-cap category recorded its second-highest net flows in a monthly period, amounting to Rs 2,408.9 crore. Similarly, the small-cap category experienced its second-highest net inflows in October, totaling Rs 4,495 crore, partly attributed to the introduction of a new fund.
Following are schemes of Mid-cap and Small-cap category mutual funds approaching their record date for dividend distribution
|
Scheme Name
|
Category
|
Dividend in %
|
Dividend (Rs/unit)
|
Record Date
|
|
ICICI Pru Midcap Direct-IDCW
|
Mid-cap
|
28
|
2.8
|
Nov 15th
|
|
ICICI Pru Midcap-IDCW
|
Mid-cap
|
28
|
2.8
|
Nov 15th
|
|
ICICI Pru Smallcap Direct-IDCW
|
Small-cap
|
28
|
2.8
|
Nov 15th
|
|
ICICI Pru Smallcap-IDCW
|
Small-cap
|
28
|
2.8
|
Nov 15th
|
Disclaimer: The article is for informational purposes only and not investment advice.