Description

JioBlackRock Mutual Fund introduces IDCW option under JioBlackRock Liquid Fund on NSE MF Invest Platform effective December 29, 2025.

Summary

National Stock Exchange of India has announced the introduction of Income Distribution cum Capital Withdrawal (IDCW) option under JioBlackRock Liquid Fund on the NSE MF Invest Platform. This new option is available with immediate effect from December 29, 2025. The IDCW option offers both daily and weekly frequency sub-options with payout and reinvestment variants.

Key Points

  • IDCW option introduced under JioBlackRock Liquid Fund (an open-ended liquid scheme)
  • Available on NSE MF Invest Platform from December 29, 2025
  • Scheme offers only Direct Plan with Growth and IDCW options
  • IDCW option includes daily and weekly frequency sub-options
  • Daily IDCW will be mandatorily reinvested
  • Weekly IDCW offers both payout and reinvestment variants
  • IDCW payout less than or equal to Rs. 100 will be mandatorily reinvested
  • IDCW distribution subject to availability of distributable surplus as per SEBI (MF) Regulations

Regulatory Changes

No regulatory changes. This is a product enhancement by JioBlackRock Mutual Fund introducing a new investment option within existing regulatory framework. The scheme will continue to comply with SEBI (Mutual Funds) Regulations for IDCW computation and distribution.

Compliance Requirements

  • NSE members must take note of the new IDCW option availability
  • Investors must clearly specify their choice of option in applications
  • In absence of clear instruction, default option will be applied
  • AMC reserves right to change frequency/record dates with prior notice
  • IDCW declarations subject to availability of distributable surplus

Important Dates

  • Effective Date: December 29, 2025
  • Daily IDCW Record Date: Daily
  • Weekly IDCW Record Date: Every Monday (or immediately succeeding business day if Monday is not a business day)
  • Circular Date: December 29, 2025

Impact Assessment

Minimal market impact as this is a routine product feature addition for mutual fund investors. The introduction of IDCW option provides additional flexibility for investors in JioBlackRock Liquid Fund seeking periodic income distribution rather than capital appreciation. This affects only mutual fund investors using NSE MF Invest Platform and has no direct impact on equity trading, listing operations, or broader market operations. The change is administrative in nature and expands investment choices within an existing liquid fund scheme.

Impact Justification

Routine addition of investment option for mutual fund platform with no impact on equity markets or trading operations