Mirae Asset AMC announces IDCW
Mirae Asset Trustee Company, Trustees to Mirae Asset Mutual Fund (MAMF) approved declaration of Income Distribution cum Capital Withdrawal (IDCW) under Mirae Asset Low Duration Fund (Formerly known as Mirae Asset Savings Fund) (An open-ended low duration debt scheme investing in instruments with Macaulay duration of the portfolio between 6 months and 12 months.
The quantum of IDCW for Mirae Asset Low Duration Fund - Quarterly Income Distribution cum Capital Withdrawal option on the face value of Rs 1000 per unit for Regular Savings Plan will be Rs 18.50 per unit and Rs. 20.00 per unit for direct plan quarterly IDCW-Direct Plan. The NAV of IDCW as on January 07, 2025 will be Rs 1,019.8276 per unit under regular savings plan and Rs 1,021.4102 under Direct Plan. The record date was on Monday, January 13, 2025.
All other terms and conditions of the scheme remain unchanged. This addendum forms an integral part of the Scheme Information Documents/ Key Information Memorandums of the Scheme(s) of the Fund as amended from time to time.
