Invesco India Balanced Advantage Fund Declares Income Distribution

Invesco India Mutual Fund has announced an income distribution of ₹0.15 per unit under the IDCW option (both regular and direct plans) for its Invesco India Balanced Advantage Fund. Investors looking to benefit from this distribution should take note of the record date, set for January 31, 2025.

Fund Overview and Asset Allocation

Launched on January 1, 2013, the Invesco India Balanced Advantage Fund is an open-ended fund that follows a dynamic asset allocation strategy. The fund seeks to generate capital appreciation and income by balancing equity and debt investments.

As of December 31, 2024, the fund holds ₹945 crore in assets under management (AUM). The allocation of assets stands at:

• 57.11% in equity
• 18.22% in debt
• 24.67% in cash and cash equivalents

This approach is for the fund to adjust its exposure to market conditions.

Investment Details

For investors, the fund offers flexible investment options:

Exit Load and Expense Ratio

Investors looking to redeem units can consider the exit load policy. Exit load for units in excess of 10% of the investment, 0.25% will be charged for redemption within 3 months. The expense ratio for the fund stands at 0.82% as of December 31, 2024.

Performance and Risk

Since its launch, the fund has delivered a return of 13.00%. It follows the NIFTY 50 Hybrid Composite Debt 50:50 Index as its benchmark. The turnover ratio is notably high at 252%, indicating active portfolio adjustments.

While the risk grade is above average, the fund is classified under a “very high” risk category as per the Riskometer.

Fund Management

The fund is managed by Amit Ganatra and Dhimant Kothari, under Invesco Asset Management (India) Pvt. Ltd, with KFin Technologies Ltd serving as the Registrar and Transfer Agent.

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 are subject to market risks, read all scheme-related documents carefully.