Description
NSE announces availability of weekly income distribution cum capital withdrawal payout option for Invesco India Liquid Fund effective August 6, 2025.
Summary
NSE has announced the introduction of Weekly Income Distribution cum Capital Withdrawal (IDCW) payout option for Invesco India Liquid Fund on the NSE MF Invest Platform, effective from August 6, 2025. This introduces two new scheme options with specific ISINs for both Direct and Regular plans.
Key Points
- Weekly IDCW payout facility introduced for Invesco India Liquid Fund
- Two new scheme options: Direct Weekly IDCW Payout (ISIN: INF205KA1BE5) and Regular Weekly IDCW Payout (ISIN: INF205KA1BD7)
- Both schemes categorized under Liquid fund category
- Record date for weekly IDCW payout will be every Monday or next business day if Monday is non-business day
- Units available at applicable NAV of existing Weekly IDCW reinvestment option on effective date
- IDCW Transfer plan will not be available under weekly IDCW option
- Default reinvestment facility applies if no choice specified in application
Regulatory Changes
No regulatory changes - this is an operational enhancement to existing mutual fund platform offerings.
Compliance Requirements
- NSE members must take note of the new scheme options available on the platform
- All existing terms and conditions of Scheme Information Document (SID) and Key Information Memorandum (KIM) remain unchanged except for the addition of payout facility
Important Dates
- Effective Date: August 6, 2025
- Record Date: Every Monday (or next business day if Monday is non-business day)
- Notice Date: July 28, 2025 (Invesco addendum date)
Impact Assessment
Minimal market impact as this is a product enhancement for existing liquid fund schemes. Provides additional flexibility for investors seeking regular income distribution from liquid fund investments. No impact on trading operations or market structure.
Impact Justification
Operational update for mutual fund platform with limited market impact