ITI Mutual Fund Announces Income Distribution for Balanced Advantage Fund

ITI Mutual Fund has announced an income distribution of ₹0.09 per unit under the IDCW (Income Distribution cum Capital Withdrawal) option for both the regular and direct plans of its Balanced Advantage Fund. The record date for this distribution is May 13, 2025.

Fund Launch and Structure

The ITI Balanced Advantage Fund was launched on December 31, 2019. It is an open-ended scheme with a dynamic asset allocation strategy. As of April 30, 2025, the fund manages assets worth ₹391 crore. It is benchmarked against the NIFTY 50 Hybrid Composite Debt 50:50 Index.

The fund currently has an asset allocation of 50.82% in equities, 22.64% in debt instruments, and 26.54% in cash and equivalents. It carries a "Very High" risk level on the riskometer. Since its inception, it has returned 8.36%.

Investment Requirements and Exit Load

The minimum investment amount in the fund is ₹5,000. Additional investments can be made with a minimum of ₹1,000. SIPs start at ₹500, with a minimum of 12 cheques required to initiate one. For withdrawals, the minimum amount is ₹1,000.

There is no lock-in period. However, an exit load of 1% is applicable if more than 10% of the investment is redeemed within 90 days from the date of allotment.

Distribution Option

The declared income distribution of ₹0.09 per unit will be available to investors who hold units under the IDCW option on or before the record date. This applies to both regular and direct plans of the fund.

The expense ratio for the scheme stood at 0.63% as of March 31, 2025.

Read more: ITI Mutual Fund Announces Income Distribution For ITI Balanced Advantage Fund

Conclusion

Investors holding units under the IDCW plan of the ITI Balanced Advantage Fund as of May 13, 2025, will be eligible for the declared distribution. The fund continues with its existing structure and investment norms, with no other changes announced at this time.

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.