Axis Mutual Fund Announces Income Distribution for Select Funds

Axis Mutual Fund has announced income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for several of its funds. The record date for this distribution is set as January 17, 2025. Here’s a breakdown of the schemes and their respective distribution amounts per unit:

Details of IDCW Announced

Important Dates and Notes

The record date for this income distribution is January 17, 2025. Investors holding units under the IDCW option of these schemes as of this date will be eligible for the declared payout.

Understanding the IDCW Option

The IDCW option allows mutual fund investors to receive a portion of the income generated by the fund. The payout varies based on the scheme and the investor’s chosen category, i.e., direct or regular.

This announcement provides eligible investors with an opportunity to benefit from the income distribution across various Axis Mutual Fund schemes. Investors should ensure they check their holdings and eligibility before the record date to avoid missing out on this distribution.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing