Nippon India Announces Income Distribution Under Balanced Advantage Fund

Nippon India Mutual Fund has announced an income distribution of ₹0.22 per unit under the Income Distribution cum Capital Withdrawal (IDCW) option of its Nippon India Balanced Advantage Fund. The declaration applies to both regular and direct plans. The record date for this distribution is May 14, 2025.

Fund Overview 

The Nippon India Balanced Advantage Fund was launched on January 1, 2013. Since its inception, the fund has delivered a return of 12.49%. It operates under the hybrid category, aiming to balance risk and return by dynamically managing its allocation between equity and debt instruments.

Investment Requirements

The fund remains accessible with low minimum investment requirements. Investors can start with as little as ₹100—whether as a lump sum, additional investment, or through a Systematic Investment Plan (SIP). Withdrawals also have a ₹100 minimum threshold.

There is no lock-in period for this scheme. However, for redemptions exceeding 10% of the invested amount within 365 days, an exit load of 1% is applicable.

Asset Allocation

As of the latest update, the asset mix of the fund is as follows:

• Equity: 59.28%
• Debt: 21.98%
• Cash and Equivalents: 14.3%
• Real Estate: 4.44%

The fund tracks the CRISIL Hybrid 50+50 Moderate Index as its benchmark, aligning with its strategy of balanced exposure to both equity and debt.

Read more: Nippon India Mutual Fund Files Draft for New Fund of Fund Scheme!

Conclusion

This latest income distribution reflects the fund’s consistent performance and its strategy of providing periodic payouts. Investors eligible for the ₹0.22 per unit payout should note the record date of May 14, 2025.

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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.