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HDFC Mutual Fund declares IDCW for Balanced Advantage Fund
HDFC Mutual Fund announced an IDCW for its Balanced Advantage Fund, setting January 27 as the record date.
HDFC Mutual Fund has declared an income distribution cum capital withdrawal for its Balanced Advantage Fund, with January 27 set as the record date. Investors holding units by the cutoff will be eligible for the payout. The announcement highlights continued income distribution by hybrid funds, while investors are advised to assess tax implications and portfolio suitability before relying on IDCW for regular cash flows planning.