Mirae Asset Mutual Fund has officially declared Income Distribution cum Capital Withdrawal (IDCW) for its Aggressive Hybrid Fund through Notice No. AD/24/2026, with trustees approving the distribution for both Regular and Direct plan options. The announcement sets March 27, 2026 as the record date for eligible unitholders.

Distribution Details

The fund has declared a uniform distribution across both plan options, with specific NAV levels recorded as of March 20, 2026.

The distribution quantum of ₹0.10 per unit applies to both plan variants, though it remains subject to the availability of distributable surplus as on the record date and applicable statutory levies. The record date has been set for Friday, March 27, 2026, or the immediately following business day if that date is not a business day.

Regulatory Compliance

The declaration was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The official notice was issued from Mumbai on March 23, 2026, by the authorized signatory on behalf of Mirae Asset Investment Managers (India) Private Limited.

Impact on NAV and Eligibility

Following the IDCW payment, the Net Asset Value of both the Regular and Direct plan IDCV options will decline by the extent of the payout amount and any applicable statutory levy. This adjustment reflects the distribution of accumulated income to unitholders, which directly reduces the fund's asset base.

Income distribution will be paid exclusively to unitholders whose names appear in the register of unit holders maintained by the mutual fund or in the statement of beneficial ownership maintained by depositories. The eligibility is determined based on holdings under the IDCW option of the respective plans as on the record date.

Fund Structure

Mirae Asset Aggressive Hybrid Fund operates under the management of Mirae Asset Investment Managers (India) Private Limited, which serves as the Asset Management Company. The fund structure includes Mirae Asset Global Investments Company Limited as the sponsor and Mirae Asset Trustee Company Private Limited as the trustee. The registered and corporate office is located at 606, 6th Floor, Windsor Building, Off CST Road, Kalina, Santacruz (E), Mumbai - 400098.

Bank of Maharashtra has fulfilled its debt obligations by completing the annual interest payment on its BASEL III compliant Tier II bonds on March 23, 2026. The payment demonstrates the bank's commitment to maintaining its bond servicing schedule and regulatory compliance.

Bond Payment Details

The interest payment pertains to bonds with ISIN INE457A08084, representing a significant portion of the bank's Tier II capital structure. The comprehensive payment details are outlined below:

Regulatory Compliance

The payment was made in accordance with Regulation 57(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Bank of Maharashtra has notified both BSE Limited and National Stock Exchange of India Limited about the successful completion of the interest payment.

The bank confirmed that there were no changes in the payment frequency and no delays or non-payment issues were reported. The payment includes applicable Tax Deducted at Source (TDS) as per regulatory requirements.

Bond Structure and Trustee

The BASEL III compliant Tier II bonds form part of the bank's regulatory capital framework, supporting its capital adequacy requirements. Catalyst Trusteeship Limited serves as the Debenture Trustee for these bonds, ensuring proper oversight and bondholders' interest protection.

The timely completion of this interest payment reinforces Bank of Maharashtra's financial discipline and commitment to meeting its debt obligations as scheduled.