HDFC MF Declares Income Distribution for Balanced Advantage Fund

HDFC Mutual Fund has announced an income distribution of ₹0.25 per unit under the Income Distribution cum Capital Withdrawal (IDCW) option for both regular and direct plans of the HDFC Balanced Advantage Fund. The record date for this distribution is February 25, 2025. Investors holding units as of this date will be eligible for the payout.

Fund Details

The HDFC Balanced Advantage Fund is an open-ended scheme that was launched on January 1, 2013. It follows a hybrid strategy, investing in both equity and debt instruments. The fund’s benchmark is the NIFTY 50 Hybrid Composite Debt 50:50 Index.

As of January 31, 2025, the fund manages ₹94,251 crore in assets. It has an expense ratio of 0.78%. The risk level, as per the riskometer, is classified as very high. The fund has delivered a 15.53% return since inception.

Asset Allocation

The HDFC Balanced Advantage Fund allocates 54.79% of its portfolio to equities, providing market-linked growth potential, while 30.57% is invested in debt securities to add stability. A small portion, 1.46%, is allocated to real estate, and 13.18% is held in cash and cash equivalents, to ensure liquidity for redemptions.

Investment Requirements

The fund allows investments starting at:

• ₹100 minimum investment
• ₹100 minimum additional investment
• ₹100 minimum SIP investment
• ₹100 minimum withdrawal
• Minimum six cheques required for SIPs

There is no lock-in period for this fund. However, an exit load of 1% applies if more than 15% of the investment is redeemed within 365 days.

Recent Dividends

Previously, on January 27, 2025, the fund declared an income distribution of ₹0.25 per unit under the IDCW option.

The income distribution and other details remain subject to market conditions, and investors are advised to review the fund’s performance and investment strategy before making any decisions.

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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.