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Income Distribution Declared Across Axis and ITI Mutual Fund Schemes

Written by: Team Angel OneUpdated on: Mar 12, 2025, 11:12 AM IST
Axis and ITI Mutual Fund have announced income distribution under IDCW plans, with payouts across multiple schemes on the record date, March 11, 2025.
Income Distribution Declared Across Axis and ITI Mutual Fund Schemes
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Axis Mutual Fund and ITI Mutual Fund announced income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for multiple schemes. Investors holding units in these funds as of March 11, 2025, the record date, will receive varying payouts per unit.

Income Distribution: Axis Mutual Fund

Under its IDCW plans, Axis Mutual Fund has declared the following per-unit distributions:

Among these, the Axis Innovation Fund – Regular Plan has declared the highest income distribution at ₹1.54 per unit. The Axis ESG Integration Strategy Fund has also distributed a notable amount.

Income Distribution: ITI Mutual Fund

In addition to Axis Mutual Fund, ITI Mutual Fund has also declared an IDCW payout of ₹0.10 per unit under the ITI Balanced Advantage Fund, applicable to both direct and regular plans. The record date for this distribution is March 11, 2025.

What Investors Should Know

Investors opting for the IDCW plan receive periodic income distribution but must note that these payouts are subject to taxation, as per prevailing tax laws. Additionally, since these distributions are deducted from the Net Asset Value (NAV)of the respective schemes.

Conclusion

With March 11, 2025, set as the date, existing investors in Axis and ITI Mutual Fund’s IDCW schemes should review their holdings. Investors should assess their financial goals and tax implications before opting for IDCW or growth plans.

Want to plan regular withdrawals? Our SWP Calculator helps you calculate how much you can withdraw while keeping your investments intact. Try it now!

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.

Published on: Mar 11, 2025, 2:38 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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