"We'll miss him but we know he has lived a full life. We thank all those who have offered their condolences and prayers," Madhuri said.
The funeral was at 12.30 p.m at a crematorium in Oshiwada.
"The actress' father was staying with her. He had been unwell for a while and passed away at their Juhu residence in Mumbai," Madhuri's manager told.
Subsequently a prayer meeting will be organised in a day or two.
Her contemporary Sridevi took to Twitter to offer her condolences.
"Shocked to hear about your father. My condolences to the entire family. RIP Shri Dixit," she posted.