ITI AMC announces IDCW
ITI Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of schemes of ITI Mutual Fund.
ITI Asset Management Company (AMC) informed that ITI Mutual Fund Trustee, Trustee to ITI Mutual Fund has approved the distribution under Income Distribution cum Capital Withdrawal Option (IDCW) of the Scheme, subject to availability of distributable surplus on the record date, on January 19, 2024. For ITI Balanced Advantage Fund Regular Plan-IDCW and Direct Plan-IDCW, Quantum of IDCW (Per unit) (Face value of 10 each) is fixed as Rs 0.40 for both. NAV as on January 15, 2024 for Regular Plan is 12.82 and for Direct Plan it is 13.93.
This Notice-cum-Addendum forms an integral part of SID/KIM and SAI. Further, all the other terms and conditions of the aforesaid documents read with the addenda issued from time to time will remain unchanged.
