New Delhi, April 11 -- ICICI Prudential Mutual Fund has declared payout under its Income Distribution cum Capital Withdrawal (IDCW) option for its Medium-Term Bond Fund following approval by fund trustee, according to a report by Upstox. Investors holding units under the IDCW option may receive payouts as per the date declared, it added.

The record date, to determine eligible investors for the IDCW payout, has been set as 13 April (Monday), as per the report.

Notably, only those unitholders whose names are in the records within specified dates will qualify for the payout distribution.

The report added that ICICI Prudential MF's payout under the Quarterly IDCW option, calculated at face value of Rs.10 per unit is Rs.0.0697 each.

In the...