Motilal Oswal AMC announces IDCW under Balanced Advantage Fund
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Motilal Oswal Mutual Fund (MF) informed that Motilal Oswal Trustee Company, Trustee to Motilal Oswal Mutual Fund has approved the declaration of Distribution of Income & Capital under the Quarterly Income Distribution cum Capital Withdrawal (IDCW) option(s) of the Scheme, Motilal Oswal Balanced Advantage Fund, an open ended dynamic asset allocation fund. For direct and regular plan, quantum of IDCW is Rs 0.21 and Rs 0.20 respectively, NAV as on September 11, 2023 is Rs 13.8423 and Rs 13.2769 respectively, and face value per unit is Rs 10. The record date for the same will be September 15, 2023.
The above IDCW is subject to the availability of distributable surplus and may be lower to the extent of distributable surplus available on the Record Date.
